UBS's third-quarter 2018 results

• 3Q18 net profit¹ +32% YoY to CHF 1.2bn; diluted EPS CHF 0.32
• Adjusted² RoTE ex DTAs³ of 15.7%, +2.4p.p. YoY; adjusted² C/I ratio (3p.p.) YoY to 76%
• Strong Americas performance across divisions, and Investment Bank globally
• Share buyback ahead of target; strong CET1 capital ratio 13.5% and CET1 leverage ratio 3.8%; tier 1 leverage ratio 5.0%
• UBS to report in US dollars from 4Q18
• UBS confirmed leader in Dow Jones Sustainability Index for fourth year running

¹ Net profit attributable to shareholders.
² Adjusted results are non-GAAP financial measures as defined by SEC regulations. Refer to the “Performance by business division and Corporate Center unit – reported and adjusted“ table in this news release.
³ Adjusted return on tangible equity excluding deferred tax expense/benefit and DTAs; calculated as adjusted net profit/loss attributable to shareholders excluding amortization and impairment of goodwill and intangible assets and deferred tax expense/benefit (annualized as applicable), divided by average tangible equity attributable to shareholders excluding any DTAs that do not qualify as CET1 capital.