Skip to Content

UBS Group AG UBSG

Rating as of

Morningstar’s Analysis

Valuation
Currency in CHF
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

UBS' Q3 2021 Another Sterling Quarter, Increasing Our Fair Value Estimate to CHF 19 From CHF 16

Johann Scholtz, CFA Equity Analyst

Analyst Note

| Johann Scholtz, CFA |

Narrow-moat UBS booked a net attributable profit of $2.3 billion for third-quarter 2021, 9% higher than the $2 billion it reported in 2020. A capital gain of $631 million inflated the 2020 third-quarter base, and the normalised increase was even more impressive. The consensus of analysts polled by UBS expected only $1.6 billion for the quarter--a 43% earnings beat. We increase our fair value estimate to CHF 19/share from CHF 16/previously on the back of these strong results. We maintain our narrow moat rating.

Read Full Analysis

Company Profile

Business Description

UBS is the world’s largest wealth manager and is the product of multiple mergers over the years. Apart from wealth and asset management, it operates a universal bank in Switzerland and a global investment bank.

Contact
Bahnhofstrasse 45
Zurich, CH-8001, Switzerland
T +41 442341111
Sector Financial Services
Industry Banks - Diversified
Most Recent Earnings Sep 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 47,227

Related