|Bid||18.11 x 1400|
|Ask||18.12 x 1400|
|Day's Range||17.97 - 18.17|
|52 Week Range||11.47 - 18.20|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||8.56|
|Forward Dividend & Yield||0.37 (2.06%)|
|Ex-Dividend Date||Apr. 13, 2021|
|1y Target Est||18.56|
Swiss bank UBS wants to build a digitally scalable advice model for affluent clients in the Americas with up to $2 million to invest, it said on Tuesday as it reported third-quarter earnings. As part of its new 2025 strategic vision, which Chief Executive Ralph Hamers said would be presented in February, the bank intends to provide wealthy clients in the Americas with a "seamless digital experience with remote human advice", it said in presentation slides. The world's largest wealth manager is following a trend set by U.S. rivals Goldman Sachs and Morgan Stanley in looking to broaden their client bases beyond the super high net worth clients they traditionally serviced.
The shares of UBS are up by more than 1% today after the Swiss banking giant reported a $2.3 billion profit in the third quarter, surpassing analysts’ estimate.
UBS Group's (UBS) Q3 earnings reflect solid revenues and capital position as well as lower expenses.