UBS has made significant progress with its integration of Credit Suisse, and completion remains on track. The merger has delivered the expected cost savings, and UBS is on course to restore its premerger operating margins. Concerns about market share losses have not materialized, and markdowns of the value of Credit Suisse assets have been limited.
UBS' Swiss, European, and Asian wealth management operations are highly profitable, bolstered by its market-leading position in the high- and ultra-high-net-worth markets.
The Credit Suisse merger and the likely steep increase in minimum capital requirements make it very challenging for UBS to return to its premerger profitability ambitions.
|
Metric
|
UBSG
|
MS
|
GS
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.16 | 14.84 | 12.95 |
Price/Book Value | 1.68 | 2.76 | 2.49 |
Price/Sales | 3.17 | 3.93 | 3.98 |
Price/Cash Flow | 6.07 | 10.51 | 10.95 |
|
Metric
|
UBSG
|
MS
|
GS
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
UBSG
|
MS
|
GS
|
|---|---|---|---|
Return on Assets (Normalized) | 0.70% | — | — |
Return on Equity (Normalized) | 12.93% | — | — |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co
JPM
| LOCK|N$$Lwd# | LOCK|mcY | $890B | |||
| Bank of America Corp
BAC
| LOCK|!?Qt$<M | LOCK|T%? | $355B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|XdkkX@ | LOCK|!fM>& | $315B | |||
| Royal Bank of Canada
RY
| LOCK|!n%$XzN? | LOCK|m! | $279B | |||
| Wells Fargo & Co
WFC
| LOCK|?Mpwkm& | LOCK|w> | $247B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|&phl^Tl | LOCK|%qp | $244B | |||
| Citigroup Inc
C
| LOCK|?Rh%%Vm | LOCK|J#! | $208B | |||
| The Toronto-Dominion Bank
TD
| LOCK|Ty?#kpN | LOCK|N?& | $203B | |||
| Banco Santander SA ADR
SAN
| LOCK|XHS>$& | LOCK|dH^W> | $194B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|MYC<?W | LOCK|b@?w> | $147B |
United States