UBS reports Q1 net profit of $3.0B and 16.8% RoCET1, on track with integration

UBS reported first-quarter 2026 net profit attributable to shareholders of $3.04 billion, an 80% increase from a year earlier, and said it remains on track to substantially complete its Credit Suisse integration by year-end.

The Swiss bank said return on common equity tier 1, or RoCET1, came in at 16.8% in the quarter, with underlying RoCET1 at 17.0%. UBS said client activity and flows were strong across the business.

In Global Wealth Management, net new assets reached $37.4 billion, while Asset Management posted net new money of $14.0 billion. UBS also said it saw solid performance in its investment bank and wealth businesses.

The results add to the case that UBS is continuing to absorb Credit Suisse while maintaining profitability. The bank’s update suggests the integration remains a key focus for investors as it works toward completing the process later this year.