UBS Group AG Earnings Summary — Q1 2026

• Net income attributable to common shareholders reached $3,040 million in Q1 2026.
• Net Interest Income showed substantial growth of 42.42% year-over-year to $2.32 billion.
• Non-interest income remains the primary revenue driver at $11.92 billion, up 9.1% YoY.
• Total non-interest expenses remained stable at $10.40 billion, effectively flat compared to Q1 2025 despite revenue growth.
• Operating leverage improved significantly as revenue grew 13.4% while expenses remained under control.
• Pretax income nearly doubled from $2.13 billion in the prior year quarter to $3.84 billion.

Management is focused on achieving unparalleled scale in the ultra-high-net-worth segment and continues to oversee the complex integration of Credit Suisse as a 'steady hand' approach under CEO Sergio Ermotti.

Improving

Profits have accelerated significantly over the last four quarters, moving from $1.7 billion in Q1 2025 to over $3 billion in Q1 2026, marking a clear recovery and stabilization phase post-merger.

The strategy focuses on risk-adjusted returns and capital-light wealth management. While integration risks and global market volatility remain, the bank maintains a robust CET1 ratio and dominant Swiss market position.