UBS Group AG (NYSE:UBS)
$ 32.47 0.01 (0.03%) Market Cap: 103.39 Bil Enterprise Value: 201.07 Bil PE Ratio: 27.06 PB Ratio: 1.27 GF Score: 78/100

Q3 2024 UBS Group AG Earnings Call Transcript

Oct 30, 2024 / 08:00AM GMT
Release Date Price: $31.35 (-4.48%)
Operator

Ladies and gentlemen, good morning. Welcome to the UBS third-quarter 2024 results presentation. (Operator Instructions)

At this time, it's my pleasure to hand over to Sarah Mackey, UBS Investor Relations. Please go ahead.

Sarah Mackey
UBS Group AG - Head of Investor Relations

Good morning and welcome, everyone. Before we start, I would like to draw your attention to our cautionary statement slide at the back of today's results presentation. Please also refer to the risk factors included in our annual report, together with additional disclosures in our SEC filings.

On slide 2, you can see our agenda for today. It's now my pleasure to hand over to Sergio Ermotti, Group CEO.

Sergio Ermotti
UBS Group AG - Chairman of the Executive Board, Group Chief Executive Officer

Thank you, Sarah, and good morning, everyone. Our strong financial performance in the quarter with a net profit of $1.4 billion and an underlying PBT of $2.4 billion, together with our year-to-date results demonstrates the power of our

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