UBS Q4 profit smashes expectations

By Reuters

Feb 05, 2025 12:21 am

ZURICH, Switzerland — UBS Group, Switzerland's largest bank, on Tuesday posted net income of $770 million for the fourth quarter (Q4) of 2024, trouncing forecasts.

The net profit attributable to shareholders compared with an average estimate of $483 million in a company-provided poll of analysts.

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