UBS Quarterly reporting 2017

Fourth quarter 2017

2017 reported PBT up 32% YoY to CHF 5.4bn

  • Adjusted1 profit before tax CHF 6.3bn, +19% YoY; adjusted1 return on tangible equity excluding DTAs2 14.1%
  • Net profit attributable to shareholders CHF 1.2bn, CHF 2.9bn net write-down of DTAs related to US tax law changes
  • CHF 4.1bn adjusted1 profit before tax in Global Wealth Management, +14% YoY
  • CHF 103bn net new money and CHF 366bn increase in invested assets in our wealth and asset management businesses
  • Fully applied CET1 capital ratio 13.8% and CET1 leverage ratio 3.7%
  • 2017 ordinary dividend CHF 0.65 per share proposed, +8% YoY; initiating 3-year share buyback program of up to CHF 2 billion, including up to CHF 550m in 2018
  • Financial targets and flexible capital returns policy set for 2018-2020
  • Creates unified Global Wealth Management division

Third quarter 2017

3Q17 profit before tax up 39% YoY to CHF 1.2bn

  • Net profit of CHF 0.9bn, +14% YoY; diluted EPS CHF 0.25
  • Adjusted1 profit before tax CHF 1.5bn, +16% YoY
  • CHF 1.0bn adjusted1 profit before tax in global wealth management, +4% YoY, +12% YTD
  • Adjusted1 return on tangible equity 10.2%, 13.3% excluding DTAs2
  • Fully applied CET1 capital ratio 13.7% and CET1 leverage ratio 3.7%
  • UBS confirmed as Diversified Financial Services and Capital Markets industry group leader by Dow Jones Sustainability Index for third year running

Second quarter 2017

2Q17 net profit up 14% YoY to CHF 1.2bn

  • Adjusted1 profit before tax CHF 1.7bn; diluted EPS CHF 0.31
  • CHF 1.0bn adjusted1 profit before tax in global wealth management, up 15% YoY
  • Adjusted1 return on tangible equity 11.4%, 15.9% excluding DTAs2
  • First half 2017 adjusted1 profit before tax CHF 3.6bn, up 19% YoY; net profit attributable to shareholders of CHF 2.4bn, up 40% YoY; diluted EPS CHF 0.64
  • Fully applied CET1 capital ratio 13.5% and CET1 leverage ratio 3.7%
  • UBS raises USD 325m for Rise, the world’s largest impact investment fund

First quarter 2017

1Q17 net profit up 79% to CHF 1.3bn

  • Adjusted1 profit before tax CHF 1.9bn, up 42% YoY, with all business divisions up
  • Adjusted1 return on tangible equity 12.6%, 17.4% excluding DTA2; diluted EPS CHF 0.33
  • Fully applied CET1 capital ratio 14.1% and leverage ratio 3.55%
  • Total loss-absorbing capacity CHF 74bn
  • CHF 1.1bn combined adjusted1 profit before tax in global wealth management
  • Investment Bank 24% annualized adjusted1 return on attributed equity
  • Sustainable investing funds for gender diversity and renewable energy launched