UBS rose more than 7.5% before the opening, Q1 net profit surged by more than 70% year-on-year, reiterated capital return target

Gelonghui, May 7 | UBS (UBS.US) U.S. stocks rose more than 7.5% before the market opened, at $29.68

Gelonghui, May 7 | UBS (UBS.US) U.S. stocks rose more than 7.5% before the market opened, closing at $29.68.
UBS\’s first quarter revenue was US$12.74 billion, a year-on-year increase of 46%. Net profit was US$1.76 billion, a year-on-year increase of 71%, far exceeding the expected US$598 million.
Among them, net interest income was US$1.94 billion, a year-on-year increase of 40%.
UBS expects to complete its legal merger with Credit Suisse by May 31.
UBS also said its current financial position will allow it to execute on its 2024 capital return target, including plans to repurchase up to $1 billion in shares this year and increase last year\’s dividend of $0.70 per share by 10% in 2024. about.

Like (0)
Previous May 7, 2024 4:02 pm
Next May 7, 2024 4:02 pm

Related posts

  • Gree: The recent article online that Dong Mingzhu ordered the dismissal of an employee is purely false.

    Source: Gree Wenzhuan Recently, multiple self-media accounts published articles on multiple platforms titled \”An employee absented himself from work to see his sick parents, and Dong Mingzhu directly ordered that the employee be dismissed from his job.\” After verification, the article was completely fabricated and slanderous, seriously misleading the public. We have done a good job in collecting evidence and will resolutely defend our legitimate rights and interests in accordance with the law against all illegal acts that smear, slander, and slander!

    stock index April 25, 2024
  • BBAE analyst Huang Shaoping: Why did Buffett clear out Markle’s stock?

    Sina_text_page_info [\’videodatas0\’] = [{ad_state: \’1\’, pid: \’1\’, video_id: 530050562, // vidpic: \’//wx3.sinaimg.cn/007zwukjly1hp zgdl110EJ30ZK0K0MYO_220_124.jpg \’, // The show list is small Picture thumbUrl: \’//wx3.sinaimg.cn/orj480/007ZwuKJly1hpzgdl110ej30zk0k0myo.jpg\’, //The picture displayed on the HTML5 player before the video has started playing, can be the same as the pic title: \’BBAE analyst Huang Shaoping at the Markle annual meeting On-site: Compared with the Berkshire Annual Meeting, this place is smaller, more beautiful and warmer\’,//Title source: \’\’,//Video release source

    stock index May 23, 2024
  • Indian investment bankers to receive hefty bonuses as deal activity surges

    Investment bankers from top domestic firms could take home 100-150 per cent of annual salary as bonuses, on average — much higher than last year when payouts ranged from 30 per cent to 40 per cent.

    stock index April 22, 2024
  • Lizhong Group (300428.SZ): Net profit in the first quarter was 274 million yuan, a year-on-year increase of 132.47%

    Gelonghui April 25 | Lizhong Group (300428.SZ) announced the first quarter report of 2024. The operating income during the reporting period was 5.967 billion yuan, a year-on-year increase of 16.49%; the net profit attributable to shareholders of the listed company was 274 million yuan, a year-on-year increase. 132.47%; excluding equity incentive expenses, the net profit attributable to shareholders of listed companies was 296 million yuan, a year-on-year increase of 94.24%; the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 263 million yuan, a year-on-year increase of 220.78%. Basic earnings per share 0.44 yuan.

    stock index April 25, 2024
  • GameStop U.S. stocks rose more than 30% before the market opened

    On May 15, GameStop’s U.S. stocks rose more than 30% before the market opened.

    stock index May 15, 2024
  • Motilal Oswal Financial Services Q4 net up 4 times, to issue 3:1 bonus

    Motilal Oswal Financial Services’ net profit increased over four times to ₹725 crore in the fourth quarter ended March 31, 2024 against ₹165 crore logged in the same period last year.

    stock index April 27, 2024