First quarter 2023
Financial results
25 April 2023
Important information
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1
Agenda
Key messages
Sergio P. Ermotti, Group CEO
Financial performance
Sarah Youngwood, Group CFO
Q&A
2
Key messages
Solid underlying results and strong liquidity and capital in uncertain market conditions
Continued client momentum with inflows in all regions
Enhancing client franchises through the announced acquisition of Credit Suisse
1.0bn | 9.1% | 16.5% |
Net | RoCET1 | RoCET1 |
profit | capital | capital |
13.9% | 82.5% | 72.8% |
CET1 capital | Cost / income | Cost / income |
ratio | ratio | ratio |
1 Excluding items not representative of underlying performance; refer to slide 22 for details | 3 |
Our clients turned to us as they searched for stability
Invested assets
GWM | ||
3.1trn | 3.0trn | |
o/w: | 1.4trn | 1.3trn |
FGA | ||
1Q22 | 1Q23 |
Invested assets
AM
1.2trn | 1.1trn |
1Q22 | 1Q23 |
Deposits | |
GWM + P&C | |
547bn | 511bn |
1Q22 | 1Q23 |
Loans | |
GWM + P&C | |
383bn | 381bn |
1Q22 | 1Q23 |
Global Markets revenues
IB
2.4bn | |
2.0bn | |
1Q22 | 1Q23 |
+28bn NNM1,2
1Q23
+20bn | +14bn |
Net new fee- | Net new money |
generating assets | NNM in MM +18bn |
NNM excl. MM (4bn) |
+31%(0bn)
NII, YoY, GWM + P&C | Net new loans, |
Deposits (3%) QoQ | GWM + P&C |
(17%)
Global Markets revenues, YoY
Balances as of quarter-end;1 Of which +7bn in the 10 business days following the announcement of the Credit Suisse acquisition; 2 Of which +9bn net deposit inflows into our platform and +19bn in net | 4 |
investment inflows | |
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UBS Group AG published this content on 25 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2023 05:17:02 UTC.