UBS Group (VTX:UBSG) Full Year 2023 Results
Key Financial Results
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Revenue: US$39.6b (up 16% from FY 2022).
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Net income: US$27.8b (up 265% from FY 2022).
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Profit margin: 70% (up from 22% in FY 2022).
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EPS: US$8.83 (up from US$2.34 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
UBS Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%.
Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Capital Markets industry in Switzerland.
Performance of the Swiss Capital Markets industry.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we’ve discovered 4 warning signs for UBS Group (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
