2021-01-26 06:38:57 UBS UBS
01/26/21 01/2606:38 01/26/2106:38 | UBS reports Q4 EPS 46c, may not compare to two estimates 28cReports 2020 net profit $6.6B, 17.6% return on CET1 capital. Q4 PBT was USD 2.057B including net credit loss expenses of $66M. Return on CET1 capital2 was 17.5%. CEO Ralph Hamers said: "Our strong 2020 results clearly demonstrate the true strength of our franchise and the commitment of our employees. It was a challenging year for our clients, for our colleagues, and for our communities alike, which makes these results even more gratifying. We stood for stability, maintained connectivity, and provided the advice and solutions our clients needed. And, in turn, they entrusted us with their business - with over a hundred billion dollars in net new money. Additionally, invested assets across asset and wealth management reached record levels, now at 4.1 trillion dollars, Group revenues were up 12%, and we generated a strong return on CET1 capital at 17.6%. We met or exceeded every single one of our growth and returns targets." |
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Innergex Renewable Energy price target lowered to C$27 from C$32 at CIBC »
15:12 03/01/21 03/0115:12 03/01/2115:12
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Barclays files automatic mixed securities shelf
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Copper Mountain Mining price target raised to C$4 from C$2.75 at CIBC »
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Cascades price target raised to C$22 from C$20 at CIBC »
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Capstone Mining price target raised to C$4.80 from C$3.20 at CIBC »
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Canfor Pulp price target raised to C$10 from C$8.50 at CIBC »
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Standex price target raised to $110 from $101 at Barrington »
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Twitter introducing 'strike system' to combat COVID-19 vaccine misinformation »
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Canfor price target raised to C$35 from C$34 at CIBC »
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Boardwalk REIT price target raised to C$40 from C$35 at CIBC »
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On The Fly
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Fly Insider: Cannae Holdings, Palantir among week's notable inside trades »
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Hoth Therapeutics completes recruitment for Cohort 1 of BioLexa platform trial »
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Advantage Oil price target raised to C$3 from C$2.25 at CIBC »
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Options
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Zoom Video Communications options imply 15.8% move in share price post-earnings »
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Fisker CEO tweets about passing 13,000 Ocean reservations 'fast!' »
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Argus technology analyst to hold an analyst/industry conference call »
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Delek US says will review letter received from CVR, 'respond in due course' »
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NIO options imply 16.3% move in share price post-earnings »
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Toronto-Dominion price target raised to C$83 from C$79 at Desjardins »
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Stantec price target raised to C$57 from C$56 at Desjardins »
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Loblaw price target lowered to C$69 from C$70 at Desjardins »
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Dentsply Sirona price target raised to $70 from $63 at Piper Sandler »
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