UBS - UBS Group AG

NYSE - NYSE Delayed price. Currency in USD
9.26
-0.26 (-2.73%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous close9.52
Open9.35
Bid9.26 x 2200
Ask0.00 x 1100
Day's range9.16 - 9.46
52-week range7.48 - 13.55
Volume3,780,053
Avg. volume4,581,614
Market cap33.528B
Beta (5Y monthly)1.28
PE ratio (TTM)8.12
EPS (TTM)1.14
Earnings dateN/A
Forward dividend & yield0.73 (7.67%)
Ex-dividend date04 May 2020
1y target est12.50
  • UBS Group to Pay 2019 Dividend Despite FINMA's Plea to Freeze
    Zacks

    UBS Group to Pay 2019 Dividend Despite FINMA's Plea to Freeze

    UBS Group (UBS) to continue with the 2019 dividend payout despite several lingering concerns related to the coronavirus outbreak.

  • Business Wire

    Five UBS Advisors in Greater New England Named to Barron's Top 1200 State by State Advisors List

    UBS announced today that five Financial Advisors in the firm's Greater New England market, have been named to Barron's Top 1200 State by State Advisors list for 2020:

  • Business Wire

    UBS YES INVESTOR NOTICE: Zamansky LLC Files Claims to Potentially Recover UBS Yield Enhancement Losses Due to the SPX Market Crash

    UBS YES Investors: Zamansky LLC Files Claims to Potentially Recover Losses Suffered from SPX Crash

  • UBS defies Swiss dividend freeze call with $2.6 billion payout plan
    Reuters

    UBS defies Swiss dividend freeze call with $2.6 billion payout plan

    UBS plans to pay a 2019 dividend that is more than half its annual profit, defying calls by the Swiss government and financial markets supervisor for lenders to limit payouts during the coronavirus crisis. "UBS has a strong capital basis and is strategically well positioned, which is especially crucial in this difficult time," the bank said on Monday, adding that it was "in a position to support the economy while maintaining an appropriate dividend policy." Shares in UBS, Switzerland's largest bank, whose proposed dividend of $0.73 in cash per share is up nearly 6% over 2018 and foresees a payment of $2.6 billion (2.09 billion pounds) to shareholders, closed little changed at 9.06 Swiss francs.

  • Bloomberg

    UBS CEO Ermotti Pinpoints Credit as Best Opportunity in Market

    (Bloomberg) -- UBS Group AG Chief Executive Officer Sergio Ermotti said investors are starting to take advantage of opportunities in the credit markets and beyond after recent volatility due to the coronavirus outbreak.“Cash holdings were very high,” Ermotti said during a Bloomberg TV interview. “Having a large pool of cash available during this major correction has helped the investors manage and we do see people taking advantage of new opportunities.”Ermotti said clients had been prudent before this month’s crash, and even now, they remain disciplined and are sticking to their long term asset allocation.The CEO said the Swiss lender is preparing to exploit opportunities in credit, certain stocks, and sectors that have been hit by measures to contain the coronavirus. “There are not many times in history where credit has been priced so attractively,” he said.The market turmoil caused by the coronavirus is prompting some wealthy clients to deleverage and that may reverse some of UBS’s lending growth earlier this year. UBS has seen margin calls across the industry on loans to wealthy clients and institutions. So far, there have been few losses on Lombard loans, which are secured by deposits or other assets.Supportive ActionsCentral banks and governments are acting very efficiently at this stage, Ermotti said, and UBS is actively working with governments and agencies worldwide in an effort to be part of a solution.“I am glad, for once, that at least at this stage banks are not part of the problem,” Ermotti said. “Banks are stronger in this cycle, but we need to make sure we don’t infect the banking system with problems that will need to be resolved in the future.”UBS is making several billion Swiss francs available to small and mid-sized companies as it backs Switzerland’s measures to help businesses hit by the pandemic.“We don’t want to make a single cent of profit,” Ermotti said. “We are there to function as a mechanism for policy makers to transmit the liquidity.”Ermotti, who is due to leave UBS later this year, stopped short of supporting the scrapping of dividends. Europe’s top banking lobby, lead by UniCredit SpA’s Jean Pierre Mustier, is trying to find common ground on whether to scrap dividends to conserve capital.“At this time it is difficult to manage the process because of the stigma you may or may not create around any actions around this topic,” he said. “It is a delicate case.”Rival Credit Suisse Group AG froze its plan to buy back as much as 1.5 billion francs ($1.52 billion) of shares this year. The Swiss regulator Finma has also called on banks and insurers to reconsider dividend payouts.(Adds more details on market opportunities and UBS stance from fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Business Wire

    UBS Elects Not to Exercise Its Acceleration Option for ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B Due November 10, 2048

    UBS Investment Bank today announced that, following the occurrence of an Indicative Value Optional Acceleration Trigger, as a result of the indicative value of the 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B due November 10, 2048 (Ticker: SMHB) (the "Securities") falling below $2.00 on March 18, 2020, UBS elected not to exercise its Acceleration Option.

  • Business Wire

    UBS Suspends Further Sales of VelocityShares™ 1X Daily Inverse VSTOXX Futures ETN due May 3, 2047

    UBS AG today announced that it has suspended further sales from inventory of its outstanding VelocityShares™ 1X Daily Inverse VSTOXX Futures ETN linked to the VSTOXX Short-Term Futures Inverse Investable Index due May 3, 2047 (Ticker: EXIV) (the "Securities"). As previously announced, the Securities will be redeemed by UBS on April 9, 2020 (the "Call Settlement Date"), and on such date, holders of the Securities will receive the Call Settlement Amount which, as described in the prospectus supplement relating to the Securities, will equal the Closing Indicative Value of the Securities on April 6, 2020. This suspension of further sales will remain in effect until the redemption of the Securities on the Call Settlement Date. UBS does not intend to make future sales of previously issued but unsold Securities or Securities that UBS Securities LLC may acquire in the future.

  • Business Wire

    UBS Suspends Further Sales of ETRACS ProShares Daily 3x Long Crude ETN Linked to the Bloomberg WTI Crude Oil Subindex ER due January 4, 2047

    UBS AG today announced that it has suspended further sales from inventory of its outstanding ProShares Daily 3x Long Crude ETN Linked to the Bloomberg WTI Crude Oil Subindex ER due January 4, 2047 (Ticker: WTIU) (the "Securities"). As previously announced, the Securities will be redeemed by UBS on April 9, 2020 (the "Call Settlement Date"), and on such date, holders of the Securities will receive the Call Settlement Amount which, as described in the prospectus supplement relating to the Securities, will equal the Current Principal Amount of the Securities on April 6, 2020, being the last Valuation Date in the five consecutive Index Business Days commencing March 31, 2020 and ending on April 6, 2020. This suspension of further sales will remain in effect until the redemption of the Securities on the Call Settlement Date. UBS does not intend to make future sales of previously issued but unsold Securities or Securities that UBS Securities LLC may acquire in the future.

  • Business Wire

    UBS Announces Mandatory Redemption of ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN Due May 22, 2042

    UBS Investment Bank today announced that all outstanding notes of the Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN due May 22, 2042 (Ticker: DVYL) (the "Securities") will be mandatorily redeemed in accordance with the terms of the Securities as a result of the occurrence of an Acceleration Upon Minimum Indicative Value on March 23, 2020 (the "Acceleration Date"), triggered as a result of the intraday indicative value of the Securities on the Acceleration Date decreasing by more than 60% in value from the closing indicative value of the Securities on the previous Monthly Valuation Date.

  • Business Wire

    INVESTOR UPDATE: UBS YES Investors May Potentially Recover the "Double Whammy" Losses Suffered in the COVID-19 SPX Market Crash

    Zamansky LLC counsels UBS YES investors on potential FINRA claims to recover their losses

  • Reuters

    Wealth managers rein in leverage as clients battle markets downturn-sources

    HONG KONG/ZURICH (Reuters) - Global wealth managers are cutting some credit they extend to rich clients as a worldwide markets rout triggers margin calls, even as others see opportunities to help entrepreneurs plug liquidity gaps, people with knowledge of the matter said. Private banks including Credit Suisse Group AG , Julius Baer Gruppe AG , and UBS Group AG use lending as a key part of their business to grow their assets and lock in clients.

  • Business Wire

    UBS Announces Redemption of ETRACS - ProShares Daily 3x Inverse Crude ETN Linked to the Bloomberg WTI Crude Oil Subindex ER Due January 4, 2047

    UBS Investment Bank today announced that, following the occurrence of a Stop Loss Termination Event with respect to the ETRACS ProShares Daily 3x Inverse Crude ETN linked to the Bloomberg WTI Crude Oil Subindex ER due January 4, 2047 (the "Securities", Ticker: WTID, CUSIP: 90274E125), UBS has elected to exercise its Acceleration Option with respect to the Securities.

  • Business Wire

    UBS Announces Redemption of Three ETNs

    UBS Investment Bank today announced that it will redeem all of the outstanding securities in each of the series set forth in the following table (collectively, the "Affected Securities"):

  • UBS Group (UBS) to Brave Coronavirus Impacts with Low Losses
    Zacks

    UBS Group (UBS) to Brave Coronavirus Impacts with Low Losses

    UBS Group (UBS) expects to deliver lower losses despite facing woes from the coronavirus outbreak.

  • Bloomberg

    UBS to Redeem Two Leveraged Mortgage ETNs After 95% Plunge

    (Bloomberg) -- UBS Group AG is mandatorily redeeming two leveraged exchange-traded notes tied to mortgage real-estate investment trusts, according to a March 17 statement from the bank.The firm will redeem two series of the ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN, tickers MORL and MRRL, after the notes fell below a $5 minimum share value Monday, according to the statement. Combined, the notes had a market capitalization of about $30 million on Wednesday.The ETNs made leveraged bets on an index of mortgage REITs, and each had lost more than 95% of their value over the past month.A Bloomberg index of 37 mortgage REITs plunged almost 24% Wednesday, with some, like New Residential Investment Corp. falling more than 40% as investors grew more concerned about the prospect of a global recession stemming from the coronavirus.Mortgage REITs are essentially leveraged bond or loan funds that invest primarily in real estate debt, making them more similar to fixed-income funds than to standard REITs, which own properties such as shopping malls, office towers and apartment buildings.Mortgage REITs use short-term financing to buy commercial and residential mortgage securities, then add borrowed money -- typically about three to nine times the amount of their own capital -- to boost returns. Like other REITs, they must pay out at least 90% of their taxable earnings to shareholders as dividends and, in exchange, don’t have to pay federal income taxes on those earnings.(Updates to show UBS statement is from March 17 in first paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Global coronavirus spending overtakes financial crisis response
    Yahoo Finance UK

    Global coronavirus spending overtakes financial crisis response

    UBS said governments and central banks have committed 1.97% of global GDP to fighting Covid-19, more than the 1.66% spent during peak year of financial crisis.

  • Business Wire

    UBS Announces Mandatory Redemption of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN Due December 10, 2043 and ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN Series B Due December 10, 2043

    UBS Investment Bank today announced that all outstanding notes of the ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN due December 10, 2043 (Ticker: CEFL) (the "Series A Securities") and the ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN Series B due December 10, 2043 (Ticker: CEFZ) (the "Series B Securities", and together with the Series A Securities, "the Securities") will be mandatorily redeemed in accordance with the terms of the respective Securities as a result of the occurrence of an Acceleration Upon Minimum Indicative Value on March 18, 2020 (the "Acceleration Date"), triggered as a result of the respective indicative values of the Securities being less than $5.00 on the Acceleration Date.

  • Business Wire

    UBS Announces Mandatory Redemption of ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN Due May 5, 2045

    UBS Investment Bank today announced that all outstanding notes of the Monthly Pay 2xLeveraged MSCI US REIT Index due May 5, 2045 (Ticker: LRET) (the "Securities") will be mandatorily redeemed in accordance with the terms of the Securities as a result of the occurrence of an Acceleration Upon Minimum Indicative Value on March 18, 2020 (the "Acceleration Date"), triggered as a result of the intraday indicative value of the Securities on the Acceleration Date decreasing by more than 60% in value from the closing indicative value of the Securities on the previous Monthly Valuation Date.

  • Business Wire

    UBS Announces Mandatory Redemption of ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN due November 12, 2043

    UBS Investment Bank today announced that all outstanding notes of the Monthly Pay 2xLeveraged Diversified High Income ETN due November 12, 2043 (Ticker: DVHL) (the "Securities") will be mandatorily redeemed in accordance with the terms of the Securities as a result of the occurrence of an Acceleration Upon Minimum Indicative Value on March 17, 2020 (the "Acceleration Date"), triggered as a result of the intraday indicative value of the Securities on the Acceleration Date decreasing by more than 60% in value from the closing indicative value of the Securities on the previous Monthly Valuation Date.

  • UBS weathers coronavirus ramp-up with low losses: CFO
    Reuters

    UBS weathers coronavirus ramp-up with low losses: CFO

    Swiss bank UBS has seen relatively low losses in its lending portfolio and feels comfortable with its liquidity despite market drops amidst the coronavirus pandemic, Chief Financial Officer Kirt Gardner said on Wednesday. "We have a conservative risk profile, a high-quality credit portfolio and relatively limited exposure to highly impacted industries like oil and gas or air transportation, at $1.4 billion and $1.9 billion respectively," Gardner said at the Morgan Stanley European Financials Conference. "While we have seen a significant increase in margin calls, we've experienced very few losses to date across our Lombard portfolio," he said at the virtual conference, which was webcast.

  • UBS weathers coronavirus ramp-up with low losses - CFO
    Reuters

    UBS weathers coronavirus ramp-up with low losses - CFO

    Swiss bank UBS has seen relatively low losses in its lending portfolio and feels comfortable with its liquidity despite market drops amidst the coronavirus pandemic, Chief Financial Officer Kirt Gardner said on Wednesday. "We have a conservative risk profile, a high-quality credit portfolio and relatively limited exposure to highly impacted industries like oil and gas or air transportation, at $1.4 billion and $1.9 billion respectively," Gardner said at the Morgan Stanley European Financials Conference. "While we have seen a significant increase in margin calls, we've experienced very few losses to date across our Lombard portfolio," he said at the virtual conference, which was webcast.

  • Business Wire

    UBS Announces Mandatory Redemption of ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN Due June 24, 2044

    UBS Investment Bank today announced that all outstanding notes of the Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN due June 24, 2044 (Ticker: LMLP) (the "Securities") will be mandatorily redeemed in accordance with the terms of the Securities as a result of the occurrence of an Acceleration Upon Minimum Indicative Value on March 16, 2020 (the "Acceleration Date"), triggered as a result of the intraday indicative value of the Securities on the Acceleration Date decreasing by more than 60% in value from the closing indicative value of the Securities on the previous Monthly Valuation Date.

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more