UBS Q2 Net Profit Hits $2.80 Billion, Beats Expectations with 17% YoY Growth

UBS-0.97%
UBS reported second-quarter net profit of $2.80 billion on July 29, beating analyst expectations of $2.47 billion with 17% year-over-year growth. The bank's total revenue reached $13.70 billion in Q2, up 13% from the prior year and above the estimate of $13.26 billion. Pre-tax profit for the quarter surged to $3.59 billion, up 64% year-over-year and exceeding the forecast of $3.21 billion.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments