# UBS reported net profit attributable to shareholders of $3.0 billion in the first quarter of 2026.

*fintech · news · 2026-04-29 · Reuters*

## Key points

- UBS reported a Q1 2026 net profit of $3.0 billion, up 80% year-on-year.
- UBS's investment banking division saw a 27% year-on-year revenue increase, led by record trading performance.
- UBS attracted $37 billion in net new assets to global wealth management, reversing previous U.S. outflows.
- Integration-related expenses fell and a further $800 million in cuts brought total savings to $11.5 billion.
- Swiss government granted UBS concessions on capital rules, but requires full capitalization of foreign units.

**Companies:** UBS
**Countries:** Switzerland

[Read the full story on Reuters](https://www.reuters.com/legal/transactional/ubs-tops-profit-expectations-market-volatility-2026-04-29/)

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