UBS Reports Strong Q2 Performance Amid Integration Progress
In its second-quarter earnings call for 2026, UBS reported a return on CET1 capital of around 17%, nearing the profitability levels seen before the Credit Suisse acquisition. CEO Sergio Ermotti highlighted that three years post-acquisition, efforts are paying off with sustainable value creation and long-term growth being established. UBS saw robust inflows into its Global Wealth and Asset Management platforms, pushing group invested assets to a record $7.3 trillion. The Americas and APAC regions delivered revenue records, while Switzerland experienced broad-based business growth. Profit before tax doubled in the Asia-Pacific region and increased by 85% in the Americas. The Investment Bank also performed well with exceptional returns amid risk discipline. UBS is on track to complete its integration of Credit Suisse assets by year-end, having migrated all clients and decommissioned over 90% of legacy applications.
Topics: Credit Suisse Acquisition Integration Earnings Profitability