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UBS Group AG (UBS) Q4 FY25 earnings call

Earnings call· Dec 2025 (Q4 FY25)· Financials· Feb 4, 2026

Source: earnings call transcript

UBS reported strong capital generation and repatriation in Q4 FY25, with significant capital upstreamed from UBS AG, exceeding prior expectations. While strategic integration of Credit Suisse progresses well, evidenced by client retention and US licensing advancements, the firm faces headwinds from Swiss franc interest rates delaying cost/income targets and FX impacts on capital ratios. Management remains confident in its net new asset and Global Banking revenue targets, but acknowledges high market volatility and geopolitical risks.

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Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.