UBS reports 4Q24 net profit of USD 0.8bn and FY24 net profit of USD 5.1bn; proposes USD 0.90 dividend per share and continuation of share repurchases; continuing to invest for long-term growth
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UBS reported a 4Q24 net profit of USD 0.8bn and a FY24 net profit of USD 5.1bn. The company proposes a USD 0.90 dividend per share and plans to continue share repurchases. UBS is investing for long-term growth, with significant increases in profit before tax and net new assets in Global Wealth Management.
February 04, 2025 | 6:00 am
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UBS reported strong financial results for FY24 with a net profit of USD 5.1bn and proposes a USD 0.90 dividend per share. The company continues share repurchases and is investing for long-term growth.
UBS's strong financial performance, including a significant increase in net profit and a proposed dividend, is likely to positively impact its stock price. The continuation of share repurchases and investment in growth further supports a positive outlook.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100