Report
Roland Pfaender,MBA,CFA,CCRA ...
  • Steven Gould

UBS Group : UBS works through decisive restructuring and integration in 2024e

>Q4 2023 results slightly shy of expectations and challenging 2024e to be expected - UBS reported a Q4 2023 underlying pre-tax result of $ 592m and thus modestly below the $ 667m consensus expectation. We have reviewed our estimate for UBS and have factored in a challenging year in 2024e marked by restructuring and integration challenges which should bear fruit thereafter. We forecast for the group underlying RoTE of 3.6% for 2024e followed by 8.3% and 11.9% for the ...
Underlying
UBS Group AG

UBS Group is a holding company. Through its subsidiary, UBS, Co. provides financial services including advisory services, underwriting, financing, market making, asset management and brokerage and retail banking. Co.'s operations are organized along five segments: Wealth Management (financial services to high net worth and ultra high net worth individuals as well as private and corporate clients); Wealth Management Americas (advice-based solutions for ultra high net worth, high net worth and core affluent individuals and families); Personal & Corporate Banking (provides financial products and services to private, corporate and institutional clients); Asset Management and Investment Bank.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Roland Pfaender,MBA,CFA,CCRA

Steven Gould

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