UBS Group AG Files 6-K for Q2 2024

TL;DR

UBS 6-K out: Q2 2024 financials show credit risk and fair value details.

AI Summary

UBS Group AG filed a 6-K report on August 14, 2024, for the period ending June 30, 2024. The filing includes financial information related to credit-impaired financial instruments, expected credit losses, off-balance sheet loan portfolios, and real estate lending. It also details fair value hierarchy levels for financial assets.

Why It Matters

This filing provides investors with updated financial details on UBS's credit risk exposure and asset valuation methods as of the second quarter of 2024.

Risk Assessment

Risk Level: low — This is a routine financial filing (6-K) providing standard disclosures for a past reporting period.

Key Numbers

• Q2 2024 — Reporting Period (Financials cover the second quarter of 2024.)

Key Players & Entities

• UBS Group AG (company) — Filer of the report
• UBS AG (company) — Related entity
• August 14, 2024 (date) — Filing date
• June 30, 2024 (date) — Period of report

FAQ

Filing Documents

• ubs-20240630.htm (6-K) — 8426KB
• ubs-20240630p3i0.jpg (GRAPHIC) — 71KB
• ubs-20240630p109i0.gif (GRAPHIC) — 3KB
• 0001610520-24-000141.txt ( ) — 28201KB
• ubs-20240630.xsd (EX-101.SCH) — 188KB
• ubs-20240630_cal.xml (EX-101.CAL) — 155KB
• ubs-20240630_def.xml (EX-101.DEF) — 895KB
• ubs-20240630_lab.xml (EX-101.LAB) — 1531KB
• ubs-20240630_pre.xml (EX-101.PRE) — 1005KB
• ubs-20240630_htm.xml (XML) — 7463KB

financial statements

financial statements 57 UBS Group AG interim consolidated

financial statements (unaudited)

financial statements (unaudited) Appendix 98 Alternative performance measures 102 Abbreviations frequently used in our financial reports 104 Information sources 105 Cautionary statement Corporate calendar UBS Group AG Publication of the UBS AG second quarter 2024 report Friday, 23 August 2024 Information about future publication dates is available at ubs.com/global/en/investor-relations/events/calendar.html Contacts Switchboards For all general inquiries ubs.com/contact Zurich +41-44-234 1111 London +44-207-567 8000 New York +1-212-821 3000 Hong Kong +852-2971 8888 Singapore +65-6495 8000 Investor Relations UBS's Investor Relations team manages relationships with institutional investors, research analysts and credit rating agencies. ubs.com/investors Zurich +41-44-234 4100 New York +1-212-882 5734 Media Relations UBS's Media Relations team manages relationships with global media and journalists. ubs.com/media Zurich +41-44-234 8500 mediarelations@ubs.com London +44-20-7567 4714 ubs-media-relations@ubs.com New York +1-212-882 5858 mediarelations@ubs.com Hong Kong +852-2971 8200 sh-mediarelations-ap@ubs.com Office of the Group Company Secretary The Group Company Secretary handles inquiries directed to the Chairman or to other members of the Board of Directors. UBS Group AG, Office of the Group Company Secretary PO Box, CH-8098 Zurich, Switzerland sh-company-secretary@ubs.com Zurich +41-44-235 6652 Shareholder Services UBS's Shareholder Services team, a unit of the Group Company Secretary's office, manages relationships with shareholders and the registration of UBS Group AG registered shares. UBS Group AG, Shareholder Services PO Box, CH-8098 Zurich, Switzerland sh-shareholder-services@ubs.com Zurich +41-44-235 6652 US Transfer Agent For global registered share-related inquiries in the US. Computershare Trust Company NA PO Box 43006 Providence, RI, 02940-3006, USA Shareholder online inquirie

business

business results. A definition of each APM, the method used to calculate it and the information content are presented under "Alternative performance measures" in the appendix to this report. Our APMs may qualify as non-GAAP measures as defined by US Securities and Exchange Commission (SEC) regulations. Our underlying results are APMs and are non-GAAP financial measures. Refer to the "Group performance" section of this report and to "Alternative performance measures" in the appendix to this report for additional information about underlying results Comparability Comparative information in this report is presented as follows. Profit and loss information for the second quarter of 2024, the first quarter of 2024 and the fourth quarter of 2023 is presented on a consolidated basis, each including UBS and Credit Suisse data for three months. Information for the second quarter of 2023 includes three months of data for UBS and one month (June 2023) for Credit Suisse. Year-to-date information for 2024 includes six months of data for UBS and six months for Credit Suisse. Comparative year-to-date information for 2023 includes six months of data for UBS and one month (June 2023) for Credit Suisse. Balance sheet information presented in this report includes UBS and Credit Suisse consolidated information. Significant regulated subsidiary and sub-group information Regulatory key figures for our significant regulated subsidiaries and sub-groups will be published on 23 August 2024 and will be available under "Quarterly reporting" at ubs.com/investors . UBS Group second quarter 2024 report 3 Our key figures As of or for the quarter ended As of or year-to-date USD m, except where indicated 30.6.24 31.3.24 1 31.12.23 1 30.6.23 1 30.6.24 30.6.23 1 Group results Total revenues 11,904 12,739 10,855 9,540 24,642 18,284 Negative goodwill 27,264 27,264 Credit loss expe

View Full Filing

View this 6-K filing on SEC EDGAR