# UBS reported a net profit for the first quarter of $3.04 billion compared with $1.69 billion in the year-earlier period.

*business · news · 2026-04-29 · MarketScreener*

## Key points

- UBS reported Q1 net profit of $3.04 billion, beating analyst expectations of $2.33 billion.
- UBS's global wealth-management unit attracted $37.4 billion in net new money, including U.S. inflows.
- UBS completed the transfer of former Credit Suisse Swiss clients to its own platform last month.
- Switzerland's Federal Council eased proposed capital demands but maintained plans for stricter subsidiary requirements.
- UBS is on track to complete Credit Suisse integration by year-end, enabling system dismantling and cost savings.

**Companies:** UBS Group
**Countries:** Switzerland, United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/ubs-shares-climb-after-investment-banking-wealth-boost-profit-ce7f59d3d08cf623)

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