UBS expects to exceed 2026 exit-rate underlying return on CET1 capital target of about 15%
Bitget2026/10/29 10:31- UBS expects to beat its 2026 exit-rate underlying return on CET1 target of about 15%, following a 17% nine-month return.
- The underlying cost-to-income ratio remains on track to finish below 70%, versus 70% over the first nine months.
- Cumulative gross cost savings should reach 13.7 billion by year-end, exceeding the previous 13.5 billion ambition.
- Year-end CET1 capital should fall to around 14% from 14.7%, including a potential accrual for initial 2027 share buybacks.
- Fourth-quarter share repurchases will total USD 1.2 billion, completing the current program following USD 4.8 billion repurchased year-to-date.
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