UBS Q1 Profit Hits $3.04B with $18.53B Revenue, EPS $0.94
UBS AG reported $3.04 billion in Q1 net income and earnings of $0.94 per share. Revenue reached $18.53 billion, with net interest revenue of $14.24 billion, beating analyst projections.
1. Quarterly Financial Results
UBS AG delivered net income of $3.04 billion in the first quarter, translating to earnings per share of $0.94. This result represents a significant uptick from the prior year and comfortably surpassed consensus forecasts.
2. Revenue and Interest Income Detail
Total revenue for the period reached $18.53 billion, led by net interest revenue of $14.24 billion. Both figures exceeded analyst estimates, reflecting stronger-than-expected lending spreads and client transaction volumes.
3. Drivers of Q1 Performance
Robust client activity across wealth management and investment banking underpinned fee and trading income gains. Continued client flows and elevated market volatility further boosted trading revenues and overall profitability.