UBS Powers Ahead With Strong Growth and Swift Integration Progress
Swiss banking giant UBS reported a robust third-quarter performance with record asset inflows and major advances in the integration of Credit Suisse operations. The bank also confirmed its goal of a double-digit dividend increase for 2025.
Zurich-based UBS reported a net profit of $2.5 billion for the third quarter of 2025, up sharply year-on-year. Underlying profit before tax reached $3.6 billion, with a return on CET1 capital of 13.5 percent, the bank announced on Wednesday.
The results were driven by strong trading activity, client inflows, and disciplined cost management across Global Wealth Management, Personal & Corporate Banking, and Global Markets.
Long-Term Value Creation
CEO Sergio Ermotti highlighted that UBS’s performance reflects strong momentum in its core businesses and disciplined execution of strategic priorities. With integration milestones ahead of schedule, strong inflows, and sustained investment in technology, UBS is positioning itself for long-term growth and value creation.
«As a key pillar of our strategy, our balance sheet remains strong, allowing us to continue to make further progress on integration, positioning for long-term growth and value creation,» he said.
Quarterly invested assets grew 4 percent sequentially to $6.9 trillion, with Global Wealth Management contributing net new assets of $38 billion. UBS’s invested assets crossed the $7 trillion mark, underscoring the strength of its franchise despite a mixed macroeconomic backdrop.
Integration Milestones and Cost Savings
UBS reported excellent progress on the integration of Credit Suisse, having migrated over two-thirds of Swiss-booked client accounts and substantially completed the integration of Asset Management.
The bank has already achieved $10 billion of its expected $13 billion in cost synergies, well ahead of schedule, representing 77 percent of targeted savings by end-2026.
The group also realized $0.9 billion in gross cost savings this quarter through IT streamlining, decommissioning of legacy systems, and data center optimization.
UBS is on track to deliver its end-2025 objective of cumulative cost reductions of $10 billion, demonstrating operational discipline and execution strength.
Double-Digit Dividend Increase For 2025
UBS reaffirmed its commitment to supporting Swiss households and businesses, granting or renewing 40 billion francs in loans during the quarter. With a loan-to-deposit ratio of 83 percent and a cost of risk of only six basis points, the bank continues to emphasize prudence and stability. Its capital base remains robust, with a CET1 capital ratio of 14.8 percent and a leverage ratio of 4.6 percent.
The group’s balance sheet resilience allows UBS to pursue an active capital return policy, with $1.1 billion in share buybacks completed in the third quarter and up to $0.9 billion more planned.
UBS confirmed its goal of a double-digit dividend increase for 2025.
Investing in Technology and Future Growth
UBS continues to invest in technology and innovation to enhance productivity and client service. The bank rolled out its in-house AI assistant, Red, and Microsoft’s Copilot across the organization, now available to more than 85,000 employees.
These tools are part of UBS’s broader strategy to integrate AI into its operations and deliver impactful, client-focused outcomes.
The group also took a significant step in its US expansion by submitting a national bank charter application, aiming to broaden its service offering and deepen its presence in the world’s largest wealth market.
More to follow.
