Previous close | 27.99 |
Open | 28.32 |
Bid | 28.14 x 900 |
Ask | 28.14 x 1400 |
Day's range | 27.91 - 28.38 |
52-week range | 18.71 - 32.13 |
Volume | |
Avg. volume | 2,885,716 |
Market cap | 90.264B |
Beta (5Y monthly) | 1.01 |
PE ratio (TTM) | 3.33 |
EPS (TTM) | 8.45 |
Earnings date | N/A |
Forward dividend & yield | 0.35 (1.25%) |
Ex-dividend date | 30 Apr 2024 |
1y target est | 33.35 |
ZURICH (Reuters) -Switzerland's UBS raised its forecast for first-quarter combined net interest income (NII) in its wealth management and personal and corporate banking businesses on Tuesday, although its shares fell along with other European banks by more than 3%. The UBS stock price has dropped more than 8% since the government last week said it would tighten banking regulation, against a 3.2% drop in the European banking sector. Adding to the heat were remarks by Swiss Finance Minister Karin Keller-Sutter, who indicated UBS could have to find $15 billion to $25 billion in extra capital under the plans.
Estimates that Swiss bank UBS will require another $15 billion to $25 billion in capital under government proposals aimed at making the banking sector more robust are about right, Switzerland's finance minister was quoted as saying on Tuesday. "That's right, those orders of magnitude are plausible," Swiss Finance Minister Karin Keller-Sutter told the Tages-Anzeiger newspaper. Keller-Sutter was speaking after the Swiss government last week set out proposals to tighten regulation for banks deemed "too big to fail", particularly UBS, which said the lender would face more stringent capital requirements in future.
PHILADELPHIA, April 15, 2024--UBS today announced that 13 advisors in the firm’s Philadelphia D.C. wealth management market have been named to the Barron’s Top 1200 Financial Advisors list for 2024.