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UBS

UBS

$13.16

0.07 (0.53%)

05:37
04/25/19
04/25
05:37
04/25/19
05:37

UBS reports Q1 EPS 30c, consensus 24c

Reports Q1 book value per share $14.45. Reports Q1 CET1 capital ratio 13%. Reports Q1 profit before tax, or PBT, down 26% to $1.58B. Reports Q1 Global Wealth Management adjusted PBT $873M and net new money inflows were $22B. Personal & Corporate Banking adjusted PBT rose 3% to $391M with record net new business volume growth of 8% in personal banking. Asset Management adjusted PBT increased by 2% to $109M, benefitting from cost actions taken in 2018. The Investment Bank delivered adjusted PBT of $221M and an adjusted return on attributed equity of 7%. Corporate Center adjusted loss before tax was $17M. Sergio Ermotti, Group CEO said, "Q1 was characterized by challenging market conditions, which improved towards the end of the quarter and into April. We're on track with the strategic initiatives we announced at our Investor Update last October, as well as the measures we put in place to mitigate market headwinds. Benefits from these measures should come in the second half of the year, supporting our attractive capital return plan for the year."

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    Jun

UBS UBS
$13.16

0.07 (0.53%)

01/08/19
01/08/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Unilever (UN, UL) downgraded to Neutral from Buy at UBS. 2. General Dynamics (GD) downgraded to Hold from Buy at Jefferies with analyst Sheila Kahyaoglu saying despite a portfolio of "marquee assets," the company's earnings "lack momentum." 3. Principal Financial (PFG) downgraded to Neutral from Buy at Goldman Sachs with analyst Alex Scott saying he sees less upside in the shares relative to other names in his life insurance coverage universe. 4. JPMorgan (JPM), SunTrust (STI), and U.S. Bancorp (USB) were downgraded to Hold from Buy at Jefferies. 5. Maxar Technologies (MAXR) downgraded to Underperform from Neutral at Credit Suisse, to Sell at Veritas, to Market Perform from Outperform at BMO Capital, and to Sector Perform at National Bank. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/09/19
SOCG
01/09/19
DOWNGRADE
SOCG
Hold
UBS downgraded to Hold from Buy at Societe Generale
03/26/19
KBWI
03/26/19
DOWNGRADE
KBWI
Market Perform
UBS downgraded to Market Perform from Outperform at Keefe Bruyette
03/26/19
KBWI
03/26/19
DOWNGRADE
Target $13.5
KBWI
Market Perform
KBW sees 'tapered' buybacks for UBS, downgrades shares to Market Perform
UBS analyst Thomas Hallett downgraded UBS to Market Perform from Outperform and lowered his price target for the shares to $13.50 from $15.00. The stock in midday trading is up 5c to $11.86. After analyzing the events between UBS and Swiss regulator FINMA, the analyst reduced his estimates to reflect additional provisions for litigation. Hallett believes FINMA will require a temporary operational risk weight add-on in relation to litigation matters through a "staged approach." This will keep UBS' buybacks operational, "but tapered in nature," the analyst tells investors in a research note.

TODAY'S FREE FLY STORIES

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MORF

Morphic Holdings

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WBA

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ADPT

Adaptive Biotechnologies

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BBIO

BridgeBio

$0.00

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CHNG

Change Healthcare

$0.00

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INXN

Interxion

$73.09

-1.97 (-2.62%)

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  • 27

    Jun

LECO

Lincoln Electric

$80.24

0.1 (0.12%)

20:09
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Lincoln Electric rating change at KeyBanc »

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CMCSA

Comcast

$42.11

-0.64 (-1.50%)

, CMCSK

Comcast

$0.00

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CMCSA

Comcast

$42.11

-0.64 (-1.50%)

CMCSK

Comcast

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MLHR

Herman Miller

$37.86

0.75 (2.02%)

, KBH

KB Home

$23.58

-0.24 (-1.01%)

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MLHR

Herman Miller

$37.86

0.75 (2.02%)

KBH

KB Home

$23.58

-0.24 (-1.01%)

PECK

Peck

$6.50

0.18 (2.85%)

VRCA

Verrica Pharmaceuticals

$9.44

-0.1 (-1.05%)

PIR

Pier 1 Imports

$8.80

0.14 (1.62%)

RAD

Rite Aid

$7.11

0.26 (3.80%)

ACRS

Aclaris Therapeutics

$4.45

0.06 (1.37%)

BA

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$375.05

5.68 (1.54%)

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OXY

Occidental Petroleum

$50.42

1.05 (2.13%)

, APC

Anadarko

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0.41 (0.58%)

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OXY

Occidental Petroleum

$50.42

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APC

Anadarko

$70.50

0.41 (0.58%)

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  • 27

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PIR

Pier 1 Imports

$8.80

0.14 (1.62%)

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FB

Facebook

$187.60

-1.27 (-0.67%)

, AMZN

Amazon.com

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AMZN

Amazon.com

$1,897.51

18.25 (0.97%)

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NOMD

Nomad Foods

$20.34

-0.24 (-1.17%)

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ISTR

Investar Holding

$23.35

0.23 (0.99%)

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Investar Holding increases quarterly dividend 5% to 5.5c per share »

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ISTR

Investar Holding

$23.35

0.23 (0.99%)

18:02
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Investar Holding authorizes additional 300,000 share repurchase »

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GD

General Dynamics

$178.77

1.12 (0.63%)

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TM

Toyota

$123.23

-0.68 (-0.55%)

, SFTBF

SoftBank

$0.00

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TM

Toyota

$123.23

-0.68 (-0.55%)

SFTBF

SoftBank

$0.00

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MZDAF

Mazda

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SZKMF

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ISUZY

Isuzu Motors

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UAL

United Continental

$85.32

0.27 (0.32%)

, BA

Boeing

$375.05

5.68 (1.54%)

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UAL

United Continental

$85.32

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BA

Boeing

$375.05

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NOMD

Nomad Foods

$20.34

-0.24 (-1.17%)

17:43
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AMC

AMC Entertainment

$9.45

-0.03 (-0.32%)

, HMNY

Helios and Matheson

$0.00

(0.00%)

17:43
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$9.45

-0.03 (-0.32%)

HMNY

Helios and Matheson

$0.00

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SECCF

Serco Group

$0.00

(0.00%)

, BAESY

BAE Systems

$0.00

(0.00%)

17:41
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SECCF

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BAE Systems

$0.00

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