Cash flow UBS Group AG

Equities

UBSG

CH0244767585

Investment Management & Fund Operators

Real-time Estimate Cboe Europe Other stock markets 03:53:44 2024-12-03 am EST			5-day change	1st Jan Change
28.93 ^CHF	+1.30%		+4.18%	+10.80%

Dec. 01	UBS capital requirements should be proportionate, minister says	RE
Nov. 29	UBS AG : RBC reiterates its Buy rating	ZD

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Published financial data: UBS GROUP AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	15.4B	9.49B	9.96B	13.18B	31.74B
Interest Income On Investments	-	1.5B	-	-	3.77B
Interest Income, Total	15.4B	11B	9.96B	13.18B	35.51B
Interest On Deposits	7.19B	4.25B	3.26B	6.56B	28.22B
Total Interest On Borrowings	3.7B	886M	-	-	-
Interest Expense, Total	10.9B	5.13B	3.26B	6.56B	28.22B
Net Interest Income	4.5B	5.86B	6.7B	6.62B	7.3B
Income From Trading Activities	-	-	-	-	-
Gain (Loss) on Sale of Assets	-19M	922M	200M	284M	12M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	34M	66M	50M	843M	7M
Income (Loss) on Equity Invest. (Income Block)	46M	58M	105M	32M	-348M
Total Other Non Interest Income	24.44B	26.17B	28.29B	26.66B	33.68B
Non Interest Income, Total	24.5B	27.22B	28.65B	27.82B	33.35B
Revenues Before Provison For Loan Losses	29B	33.08B	35.35B	34.44B	40.65B
Provision For Loan Losses	78M	694M	-148M	29M	1.04B
Total Revenues	28.93B	32.39B	35.5B	34.42B	39.61B
Salaries And Other Employee Benefits	15.26B	16.44B	17.45B	17.68B	22.71B
Amort. of Goodwill & Intang. Assets	65M	55M	-	-	-
Occupancy Expense	1.72B	2B	2.11B	2.06B	2.31B
Selling General & Admin Expenses, Total	5.84B	5.67B	6.29B	5.19B	8.72B
Total Other Non Interest Expense	2M	-	-	-	2M
Non Interest Expense, Total	22.88B	24.16B	25.85B	24.93B	33.74B
EBT, Excl. Unusual Items	6.04B	8.22B	9.65B	9.49B	5.88B
Restructuring Charges	-285M	-	-200M	-	-
Total Merger & Related Restructuring Charges	-	-	-	-	-4.48B
Impairment of Goodwill	-110M	-	-	-	27.75B
Asset Writedown	-37M	-74M	-10M	-3M	-593M
Other Unusual Items	-36M	4M	40M	119M	184M
EBT, Incl. Unusual Items	5.58B	8.16B	9.48B	9.6B	28.74B
Income Tax Expense	1.27B	1.58B	2B	1.94B	873M
Earnings From Continuing Operations	4.31B	6.57B	7.49B	7.66B	27.86B
Net Income to Company	4.31B	6.57B	7.49B	7.66B	27.86B
Minority Interest	-6M	-15M	-29M	-32M	-16M
Net Income - (IS)	4.3B	6.56B	7.46B	7.63B	27.85B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	4.3B	6.56B	7.46B	7.63B	27.85B
Net Income to Common Excl. Extra Items	4.3B	6.56B	7.46B	7.63B	27.85B
Per Share Items
Net EPS - Basic	1.17	1.83	2.14	2.34	8.83
Basic EPS - Continuing Operations	1.17	1.83	2.14	2.34	8.83
Basic Weighted Average Shares Outstanding	3.66B	3.58B	3.48B	3.26B	3.15B
Net EPS - Diluted	1.14	1.77	2.06	2.25	8.45
Diluted EPS - Continuing Operations	1.14	1.77	2.06	2.25	8.45
Diluted Weighted Average Shares Outstanding	3.77B	3.71B	3.63B	3.4B	3.3B
Normalized Basic EPS	1.03	1.43	1.72	1.81	1.16
Normalized Diluted EPS	1	1.38	1.66	1.74	1.11
Dividend Per Share	0.73	0.37	0.5	0.55	0.7
Payout Ratio	59.11	39.76	17.45	21.86	6.03
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	22.72	19.41	21.07	20.22	3.04
Current Domestic Taxes	365M	482M	680M	730M	883M
Current Foreign Taxes	426M	749M	884M	718M	684M
Total Current Taxes	791M	1.23B	1.56B	1.45B	1.57B
Deferred Domestic Taxes	265M	116M	34M	-15M	152M
Deferred Foreign Taxes	211M	236M	400M	509M	-846M
Total Deferred Taxes	476M	352M	434M	494M	-694M
Normalized Net Income	3.77B	5.13B	6B	5.9B	3.66B
Non-Cash Pension Expense	26M	27M	-56M	-10M	236M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	619M	786M	736M	-	-
Total Stock-Based Compensation	619M	786M	736M	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	117B	170B	203B	179B	329B
Investment Securities, Total	188B	116B	83.75B	104B	153B
Trading Asset Securities, Total	249B	285B	206B	200B	262B
Total investments	437B	401B	289B	304B	414B
Gross Loans	329B	382B	410B	398B	658B
Allowance For Loan Losses	-1.03B	-1.47B	-1.25B	-1.15B	-2.31B
Other Adjustments to Gross Loans	-89M	-60M	-	-	-
Net Loans	328B	381B	409B	397B	655B
Gross Property Plant And Equipment	17.77B	18.47B	18.47B	17.18B	24.19B
Accumulated Depreciation	-8.36B	-9.14B	-9.42B	-9.14B	-11.75B
Net Property Plant And Equipment	9.41B	9.33B	9.05B	8.04B	12.44B
Goodwill	6.38B	6.18B	6.13B	6.04B	6.04B
Other Intangibles, Total	3.48B	4.08B	4.09B	4.47B	6.89B
Investment in Real Estate	-	-	-	-	-
Accrued Interest Receivable	-	-	520M	1.26B	3.16B
Other Receivables	18.61B	99.44B	99.57B	88.75B	127B
Restricted Cash	35.93B	36.47B	33.92B	38.72B	54B
Other Current Assets, Total	7.02B	9.01B	52.41B	65.72B	94.8B
Deferred Tax Assets Long-Term (Collected)	9.54B	9.21B	8.88B	9.39B	10.68B
Other Long-Term Assets, Total	346M	326M	1.08B	1.75B	2.68B
Total Assets	972B	1,126B	1,117B	1,104B	1,717B
Liabilities
Accrued Expenses, Total	44.03B	45.85B	51.51B	52.18B	54.15B
Interest Bearing Deposits	272B	288B	296B	344B	551B
Non-Interest Bearing Deposits	176B	236B	246B	181B	241B
Total Deposits	448B	525B	542B	525B	792B
Short-Term Borrowings	148B	215B	171B	200B	238B
Current Portion of Long-Term Debt	55.51B	50.02B	54.97B	15.8B	85.36B
Current Portion of Leases	700M	700M	700M	700M	1B
Long-Term Debt	114B	121B	134B	159B	328B
Long-Term Leases	3.24B	3.23B	2.86B	2.63B	4.5B
Current Income Taxes Payable	852M	1.01B	1.4B	1.07B	1.46B
Accrued Interest Payable	1.56B	1.36B	1.09B	1.95B	6.69B
Other Current Liabilities - (Bank / Utility Template)	64.91B	70.91B	64.78B	65.95B	75.74B
Unearned Revenue Non Current	141M	228M	240M	235M	635M
Pension & Other Post Retirement Benefits	633M	722M	633M	469M	796M
Deferred Tax Liability Non-Current	311M	564M	300M	236M	325M
Other Non Current Liabilities	34.53B	30.57B	31.38B	22.38B	42.22B
Total Liabilities	917B	1,066B	1,056B	1,047B	1,631B
Common Stock, Total	338M	338M	322M	304M	346M
Additional Paid In Capital	18.06B	16.75B	15.93B	13.55B	13.22B
Retained Earnings	34.15B	38.78B	43.85B	50B	74.88B
Treasury Stock	-3.33B	-4.07B	-4.68B	-6.87B	-4.8B
Comprehensive Income and Other	5.3B	7.65B	5.24B	-104M	2.46B
Total Common Equity	54.53B	59.44B	60.66B	56.88B	86.11B
Minority Interest	174M	319M	340M	342M	531M
Total Equity	54.71B	59.76B	61B	57.22B	86.64B
Total Liabilities And Equity	972B	1,126B	1,117B	1,104B	1,717B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.62B	3.55B	3.4B	3.11B	3.21B
ECS Total Common Shares Outstanding	3.62B	3.55B	3.4B	3.11B	3.21B
Book Value / Share	15.08	16.74	17.84	18.3	26.83
Tangible Book Value	44.67B	49.18B	50.45B	46.36B	73.18B
Tangible Book Value Per Share	12.35	13.85	14.84	14.92	22.81
Tangible Book Value Per Share (As Reported)	13.29	14.91	15.97	16.28	24.49
Average Assets	-	-	-	1,193B	1,493B
Average Loans	-	-	-	400B	538B
Total Debt	322B	390B	363B	378B	657B
Deposits at Interest - Cash	12.92B	15.44B	15.17B	25.96B	26.24B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-3.21B	-4.3B	-6.36B	-7.83B	-9.86B
Net Debt	-118B	-64.51B	-45.97B	-1.87B	65.34B
Equity Method Investments, Total	1.05B	1.56B	1.24B	1.1B	2.37B
Full Time Employees	68.6K	71.55K	71.38K	72.6K	113K
Number Of Offices	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	4.3B	6.56B	7.46B	7.63B	27.85B
Depreciation, Depletion & Amortization	1.07B	1.18B	1.13B	1.03B	1.55B
Amortization of Goodwill and Intangible Assets - (CF)	65M	55M	31M	26M	134M
Total Depreciation, Depletion & Amortization	1.13B	1.24B	1.16B	1.05B	1.69B
Amortization of Deferred Charges, Total	659M	814M	945M	1B	1.47B
(Gain) Loss On Sale of Asset - (CF)	220M	-698M	-230M	-1.47B	-102M
Total Asset Writedown	147M	74M	10M	3M	593M
Restructuring Activities	-	-	-	-	-
Provision for Credit Losses	78M	694M	-148M	29M	1.04B
(Income) Loss On Equity Investments - (CF)	-45M	-84M	-105M	-32M	348M
Change in Trading Asset Securities	-18.83B	11.26B	-10.52B	8.01B	3.67B
Change in Other Net Operating Assets (Collected)	1.79B	-29.24B	-206M	10.22B	33.64B
Other Operating Activities	7.03B	-5.47B	3.23B	-11.8B	-36.92B
Cash from Operations	-3.51B	-14.85B	1.6B	14.65B	33.28B
Capital Expenditure	-1.58B	-1.85B	-1.84B	-1.64B	-1.68B
Sale of Property, Plant, and Equipment	11M	366M	295M	161M	65M
Cash Acquisitions	-26M	-46M	-1M	-3M	109B
Divestitures	114M	674M	593M	1.73B	121M
Investment in Marketable and Equity Securities, Total	-73M	-5.93B	-1.16B	-12.69B	-3.78B
Other Investing Activities, Total	-	1M	-	-	-
Cash from Investing	-1.56B	-6.78B	-2.12B	-12.45B	103B
Short Term Debt Issued, Total	-	23.84B	-	-	3.17B
Long-Term Debt Issued, Total	65.05B	80.26B	98.27B	79.12B	110B
Total Debt Issued	65.05B	104B	98.27B	79.12B	113B
Short Term Debt Repaid, Total	-17.15B	-	-3.09B	-12.25B	-
Long-Term Debt Repaid, Total	-69.4B	-87.67B	-79.91B	-67.67B	-166B
Total Debt Repaid	-86.55B	-87.67B	-83B	-79.92B	-166B
Repurchase of Common Stock	-1.56B	-1.39B	-3.34B	-6.01B	-2.78B
Common Dividends Paid	-2.54B	-2.61B	-1.3B	-1.67B	-1.68B
Common & Preferred Stock Dividends Paid	-2.54B	-2.61B	-1.3B	-1.67B	-1.68B
Net Increase (Decrease) in Deposit Accounts - (CF)	23.22B	51.8B	29.82B	-	52.79B
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-8M	-7M	-283M	-616M	-721M
Cash from Financing	-2.4B	64.24B	40.17B	-9.09B	-5.48B
Foreign Exchange Rate Adjustments	1.26B	11.05B	-5.31B	-5.66B	13.96B
Miscellaneous Cash Flow Adjustments	-	-	-	-1M	-
Net Change in Cash	-6.21B	53.66B	34.34B	-12.55B	145B
Supplemental Items
Cash Interest Paid	10.77B	6.32B	4.71B	8.2B	35.97B
Cash Income Tax Paid (Refund)	804M	1B	1.13B	1.58B	1.85B
Net Debt Issued / Repaid	-21.5B	16.43B	15.27B	-804M	-53.08B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.45	0.63	0.67	0.69	1.98
Return On Equity %	8	11.49	12.4	12.96	38.74
Return on Common Equity	8.01	11.51	12.42	12.98	38.95
Shareholders Value Added	-1.9B	-225M	407M	604M	22.2B
Margin Analysis
SG&A Margin	78.87	74.43	72.81	72.43	85.16
Net Interest Income / Total Revenues %	15.56	18.1	18.89	19.24	18.42
EBT Excl. Non-Recurring Items Margin %	20.9	25.4	27.19	27.57	14.84
Income From Continuing Operations Margin %	14.9	20.29	21.09	22.26	70.34
Net Income Margin %	14.88	20.25	21	22.17	70.3
Net Avail. For Common Margin %	14.88	20.25	21	22.17	70.3
Normalized Net Income Margin	13.04	15.83	16.91	17.14	9.23
Asset quality
Nonperforming Loans / Total Loans %	0.75	0.83	0.58	0.59	0.88
Nonperforming Loans / Total Assets %	0.25	0.28	0.21	0.21	0.34
Nonperforming Assets / Total Assets %	0.26	0.28	0.21	0.21	0.34
NPAs / Loans and OREO	0.78	0.83	0.58	0.59	0.88
NPAs / Equity	4.66	5.31	3.91	4.08	6.7
Allowance for Credit Losses / Net Charge-offs %	843.44	421.84	1.06K	1.55K	2.96K
Allowance for Credit Losses / Nonperforming Loans %	41.73	46.22	52.41	49.29	39.79
Allowance for Credit Losses / Total Loans %	0.31	0.38	0.3	0.29	0.35
Net Charge-offs / Total Average Loans %	-	-	-	0.02	0.01
Provision for Loan Losses / Net Charge-offs %	63.93	199.43	-125.42	39.19	1.33K
Earning Assets / IBL	-	-	-	96.4	97.47
Interest Income / Average Assets	-	-	-	1.1	2.38
Interest Expense / Average Assets	-	-	-	0.55	1.89
Net Interest Income / Average Assets	-	-	-	0.55	0.49
Non Interest Income / Average Assets	-	-	-	2.33	2.23
Non Interest Expense / Average Asset	-	-	-	2.09	2.26
Capital And Funding
Total Average Common Equity / Total Average Assets %	5.57	5.43	5.35	5.29	5.07
Total Average Equity / Total Average Assets %	5.58	5.45	5.38	5.32	5.1
Total Equity + Allowance for Loan Losses / Total Loans %	16.89	15.93	15.09	14.58	13.45
Gross Loans / Total Deposits %	73.38	72.91	75.69	75.8	83.02
Net Loans / Total Deposits %	73.13	72.62	75.46	75.58	82.73
Tier 1 Capital Ratio %	20.02	19.43	20.02	18.25	16.9
Total Capital Ratio %	22.23	21.18	20.49	18.4	16.9
Core Tier 1 Capital Ratio	13.73	13.8	14.98	14.22	14.36
Tier 2 Capital Ratio