UBS Group AG Registered Shares
UBSG: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| w>N | LOCK|H&Y!K | LOCK|?^@z%# |
UBS Earnings: Limited Execution Risk Remains, but Regulatory Capital Uncertainty Weighs on Shares
Narrow-moat UBS reported underlying pretax profits of $1.8 billion for fourth-quarter 2024, surpassing the $1.4 billion company-compiled consensus estimate. Strong performance in its investment banking operations primarily drove this earnings beat. However, lower-than-expected net new money inflows into the wealth management business and high loan-loss provisions in the Swiss personal and corporate bank will likely disappoint investors. UBS plans to buy back $3 billion of its shares in 2025, slightly exceeding the $2.9 billion consensus expectation.
