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UBS Group | 6-K: Report of foreign private issuer (related to financial reporting)

SEC ·  Nov 8, 2024 19:25

Summary by Futu AI

UBS Group AG reported Q3 2024 total operating income of $11.83B and operating profit of $1.19B, recovering from previous quarter's loss. Total assets reached $1.63T, with total equity of $97.82B. The company maintained strong capital position with CET1 capital ratio at 16.4%.The bank's liquidity metrics remained robust with liquidity coverage ratio at 196.3% and net stable funding ratio at 126.8%. Risk-weighted assets increased to $515.52B, while leverage ratio denominator expanded to $1.61T. Total loss-absorbing capacity stood at $197.15B.In US operations, UBS Americas Holding LLC was assigned a new stress capital buffer of 9.3% effective October 2024, resulting in total CET1 capital requirement of 13.8%. The entity maintained strong capital ratios with CET1 ratio at 27.4% and total capital ratio at 31.1%.
UBS Group AG reported Q3 2024 total operating income of $11.83B and operating profit of $1.19B, recovering from previous quarter's loss. Total assets reached $1.63T, with total equity of $97.82B. The company maintained strong capital position with CET1 capital ratio at 16.4%.The bank's liquidity metrics remained robust with liquidity coverage ratio at 196.3% and net stable funding ratio at 126.8%. Risk-weighted assets increased to $515.52B, while leverage ratio denominator expanded to $1.61T. Total loss-absorbing capacity stood at $197.15B.In US operations, UBS Americas Holding LLC was assigned a new stress capital buffer of 9.3% effective October 2024, resulting in total CET1 capital requirement of 13.8%. The entity maintained strong capital ratios with CET1 ratio at 27.4% and total capital ratio at 31.1%.

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