UBS Results Presentation Deck slide image

UBS Results Presentation Deck

Excluding Credit Suisse UBS business divisions: Investment Bank Total revenues m 2,094 Profit before tax m 410 (10%) 2Q22 (66%) Į 1,892 139 2Q23 UBS 1 Dealogic USD m, except where indicated Total revenues Global Banking Advisory Capital Markets Global Markets Execution Services Derivatives & Solutions Financing Credit loss expense / (release) Operating expenses Profit before tax Cost/ income ratio 2Q23 1Q23 2Q22 1,892 371 160 210 1,521 358 631 533 1 1,753 139 93% 171 2,349 2,094 (19%) (10%) 383 377 (3%) (2%) (6%) (23%) (1%) +25% (23%) (11%) 399 (15%) (10%) (37%) (25%) (1%) +11% 839 479 (28) 1,866 1,712 477 212 422 1,967 1,718 1,007 537 209 7 168 QoQ YoY (6%) +2% 410 (71%) (66%) 79% 82% +13pp +11pp PBT 139m Global Markets revenues (11%) YoY Execution Services (10%) driven by lower Cash Equities volumes Derivatives & Solutions (25%) driven by lower volatility and client activity. Decreases in Equity Derivatives, Rates and FX, partly offset by Credit Financing +11%, best 2Q on record, increases across all products, driven by Equity Financing in EMEA and APAC Of which: Equities 1,134m, (11%) FRC 387m, (13%) Global Banking revenues (2%) Advisory (23%) on lower M&A transactions; global fee pool outperformance¹ Capital Markets +25% from higher LCM Cost/income 93% 26
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