Finance

UBS reports $1.4 billion net profit attributable to shareholders in Q3

Published by Uma Rajagopal

Posted on October 30, 2024

1 min read

· Last updated: January 29, 2026

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UBS Group's Q3 financial report highlights a $1.4 billion net profit - Global Banking & Finance Review
The image showcases UBS Group's logo and financial data, emphasizing their impressive $1.4 billion net profit for Q3 2024, surpassing analyst expectations. This highlights UBS's strong performance in the global banking sector.
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ZURICH (Reuters) – UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shareholders in the third quarter, which compared with the $740 million forecast by analysts in a company-provided poll. (Reporting by Dave Graham, editing by Rachel More)

ZURICH (Reuters) – UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shareholders in the third quarter, which compared with the $740 million forecast by analysts in a company-provided poll.

(Reporting by Dave Graham, editing by Rachel More)

Frequently Asked Questions

What is net profit?
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is a key indicator of a company's profitability.
What is shareholder equity?
Shareholder equity represents the owners' claim after all liabilities have been settled. It is calculated as total assets minus total liabilities and is an important measure of a company's financial stability.
What is a financial report?
A financial report is a formal record of the financial activities and position of a business, person, or entity. It includes balance sheets, income statements, and cash flow statements.

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