UBS beats expectations with $1.2 billion fourth-quarter profit
ReutersFeb 4, 2026 5:50 AM
ZURICH, Feb 4 (Reuters) - Swiss bank UBS UBSG.S posted on Wednesday a net profit of $1.2 billion for the fourth quarter, up 56% year-on-year and ahead of a company-provided consensus forecast of $919 million.
The world's largest wealth manager announced a new share buyback program, saying it intended to repurchase $3 billion of shares in 2026, the same amount it bought back last year, and aimed "to do more."
The amount of additional buybacks was subject to further clarity around the future regulatory regime for banking in Switzerland, it said.
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