RSS   Newsletter   Contact   Advertise with us

UBS Q3 net profit surged 99 percent

Christian Fernsby ▼ | October 20, 2020
UBS Group Tuesday reported that its third quarter net profit attributable to shareholders surged 99 percent to $2.09 billion from last year's $1.05 billion.
UBS
UBS   Net profit attributable to shareholders surged to $2.09 billion
Profit before tax was $2.6 billion, 92 percent higher than last year. The company said it is the best third quarter profit before tax in a decade. Adjusted profit before tax was $2.1 billion.

Topics: UBS

Operating income grew to $8.94 billion from last year's $7.09 billion.

The bank said the quarterly results mainly reflected ongoing strong client activity.


 

MORE INSIDE POST