Swiss UBS raises profit by 30% to 7.8 billion by September

UBS reported a profit of €7.84 billion for the first nine months of 2026, a 30% increase from the previous year. The bank's revenues reached €38 billion, up 10.3% year-on-year. In Q3 alone, UBS earned €2.47 billion, an 8.4% rise compared to Q3 2025. The bank is currently in discussions with Swiss authorities regarding new capital requirements that could impact its competitiveness. CEO Sergio Ermotti emphasized the importance of collaboration with regulators to ensure financial stability without excessive costs. UBS remains committed to its diversified business model and has provided significant loans to the Swiss economy, reaffirming its role as a key credit provider.