UBS recorded a profit of 8.530 million between January and September

O UBS, Switzerland’s largest bank, had a profit of 8,530 million dollars (EUR 7,840 million) between January and September, plus 29.8% that in the same period of 2025, was announced today.

While continuing the dispute with the Swiss authorities over new capital requirements and the rumor that this disagreement could result in the departure of the country, the bank today reported that it made a profit of 2,690 million dollars (EUR 2,470 million) in the third quarter of this year, plus 8.4% more than in the same period of 2025.

The revenues were $41,293 million (EUR 37,980 million) from January to September this year, plus 10.3% more than in the first nine months of 2025, while those in the third quarter totaled 13,350 million dollars (12,000 million euros), an increase of 4.6%.

“ In an increasingly complex market environment, our solid third quarter results have again demonstrated the advantages of our diversified global business model and disciplined execution,” said UBS CEO Sergio Ermotti.

The results are released at a time of intense parliamentary debate on the new banking law being studied in Switzerland to avoid crises such as the one that in 2023 led to the fall of Credit Suisse, the second largest bank in the country, which had to be acquired precisely by UBS at the request of the Greek Government.

The law plans to strengthen the coverage of the foreign subsidiaries of Swiss banks “of systemic importance” – in practice, only the UBS – by increasing equity with ordinary capital level 1 (CET1): currently, the UBS is required to cover 45%, a percentage that could double.

Ermotti, who appeared this Monday before the Lower House of Parliament to insist on the UBS' disagreement with a measure that, according to the entity, would take away global competitiveness, today expressed his willingness to continue working with the authorities to reach a consensus.

“ As the political process progresses on future regulatory requirements in Switzerland, we will continue to collaborate constructively, with the hope that Parliament will achieve a solution that will contribute to the financial stability of the country without imposing excessive costs on shareholders, customers and employees of the UBS or harm their long-term competitiveness,” he said.

Although Ermotti did not comment on the recent rumors of leaving the Swiss bank – or of merging with other entities –, Ermotti stressed that the UBS “maintains the strategic commitment to its diversified business model and its global and regional presence.”.

According to the UBS, the bank “continues to be a reliable partner for the Swiss economy”, with loans worth around 40.000 million Swiss francs ($48,100 million or €43,300 million) granted to companies and households in the third quarter, which “restates its position as the main provider of credit to the economy”.

The entity explains that the capital standards approved last month would force the UBS to maintain about $16,000 million additional capital CET1, which, in addition to current obligations, some linked precisely to the acquisition of Credit Suisse, would amount to $33,000 million.

The Swiss Association of Bankers has already warned that a possible exit from the UBS would endanger up to 12,000 jobs of the 34,000 that the entity has in the country.

In the report presented today, the UBS also stresses that the process of integration of Credit Suisse continues, having achieved accumulated gross savings of 13,200 million dollars, although it hopes to reach 13,700 million by the end of the year.