2019 net profit USD 4.3bn, 12.4% return on CET1 capital

  • 2019 reported PBT USD 5.6bn; adjusted1 PBT USD 6.0bn
  • 4Q19 reported PBT USD 0.9bn; adjusted1 PBT USD 1.2bn
  • 2019 reported RoCET12 12.4%; diluted EPS USD 1.14; TBVPS USD 13.29
  • CET1 capital ratio 13.7% and CET1 leverage ratio 3.9%; tier 1 leverage ratio4 5.7%
  • 2019 ordinary dividend USD 0.73 per share proposed; repurchased USD 0.8bn of shares in 2019; total pay-out ratio of 80%
  • Targeting reported RoCET12 of 12-15% in 2020-2022 and reiterating growth ambitions in GWM, supporting UBS’s attractive capital returns profile

Interview with Sergio P. Ermotti

UBS Group CEO comments on our fourth-quarter and full-year 2019 results.