UBS beats expectations with $1.2 billion fourth-quarter profit, plans $3 billion buyback

UBS beats expectations with $1.2 billion fourth-quarter profit, plans $3 billion buyback

Published Wed, Feb 4 2026

1:00 AM EST

Updated 2 Min Ago

Key Points

• UBS generated $1.2 billion of net profits in the fourth quarter, beating analysts' estimates.
• The Swiss bank's group revenues, which topped $12.1 billion, were also in line with forecasts.

In this article

• UBSG-CH

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Fabrice Coffrini | AFP | Getty Images

UBS reported its fourth quarter results on Wednesday, with net profits beating analysts' forecasts.

The Swiss banking giant's fourth-quarter results statement showed net profit attributable to shareholders came in at $1.2 billion in the final three months of the year. That was up on analysts' estimated $919 million, and was a decrease from the previous quarter's net profit of $2.5 billion.

Overall, its group revenues were $12.1 billion for the final quarter of the year, which was in line with the $12.1 billion forecast by analysts. It was also down from $12.8 billion in the previous quarter, and up from $11.6 billion for the same period a year ago.

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Meanwhile, UBS' common equity tier (CET) 1 capital ratio — a gauge of a bank's solvency — was 14.4% for the fourth quarter, compared to 14.8% in the previous quarter.

CEO Sergio Ermotti — who is preparing to step down from his role as head of Switzerland's largest lender in April next year once its absorption of Credit Suisse is concluded — said the bank made "great progress" on "one of the most complex integrations in banking history."

Ermotti returned to the helm in 2023 to oversee the government-led emergency takeover of the UBS' stricken Swiss rival.

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