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

1 Refer to the “Adjusted results“ paragraph at the end of this news release.
2 Excludes any net deferred tax expense / benefit from net profit attributable to shareholders and excludes any deferred tax assets that do not qualify as CET1 capital from tangible equity.