This photograph shows a sign of Swiss giant banking UBS at a branch in Zurich on March 4, 2026.
Fabrice Coffrini | AFP | Getty Images
UBS reported a pretax profit of almost $3.6 billion in the third quarter, up 27% year over year, largely in line with consensus forecasts.
The Swiss banking and asset management giant saw strong net inflows into its global wealth management business.
Net profit was $2.7 billion for the third quarter, in line with estimates.
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UBS shares are up by around a quarter this year
The Zurich-headquartered lender's common equity tier (CET) 1 capital ratio β a measure of a bank's solvency β reached 14.7% during the period, up from 14.4% the previous quarter.
Strong inflows into its global wealth management business supported performance, with net new assets reaching $55.1 billion by the end of the quarter.β¦