UBS Group AG Files 2024 Annual Report

Ticker: UBS · Form: 20-F · Filed: 2025-03-17T00:00:00.000Z

Sentiment: neutral

Topics: annual-report, financials, sec-filing

TL;DR

UBS 20-F filed: Full 2024 financials out, check compensation and asset details.

AI Summary

UBS Group AG filed its 20-F annual report for the fiscal year ending December 31, 2024. The filing details the company's financial position and operations, including various financial assets and compensation plans. Key dates include the filing date of March 17, 2025, and the reporting period ending December 31, 2024.

Why It Matters

This report provides investors and stakeholders with a comprehensive overview of UBS Group AG's financial performance and strategic direction for the past fiscal year, influencing investment decisions and market sentiment.

Risk Assessment

Risk Level: medium — As a major global financial institution, UBS Group AG is subject to significant market, regulatory, and operational risks inherent in the banking and wealth management sectors.

Key Numbers

2024-12-31 — Fiscal Year End (The period covered by the annual report.)
2025-03-17 — Filing Date (The date UBS Group AG submitted its 20-F filing.)

Key Players & Entities

UBS Group AG (company) — Filer of the 20-F report
0001610520-25-000023 (accession_number) — Accession number for the SEC filing
20250317 (date) — Filing date of the report
20241231 (date) — Fiscal year end date for the report

FAQ

What is the primary purpose of the 20-F filing for UBS Group AG?

The 20-F filing is an annual report required by the U.S. Securities and Exchange Commission (SEC) for foreign private issuers, providing comprehensive financial and operational information for the fiscal year ending December 31, 2024.

When was the 20-F filing for UBS Group AG submitted?

The filing was submitted on March 17, 2025.

What fiscal period does this 20-F report cover?

This report covers the fiscal year ending December 31, 2024.

What is the Standard Industrial Classification (SIC) code listed for UBS Group AG?

The SIC code listed for UBS Group AG is 6021, which corresponds to National Commercial Banks.

Where is UBS Group AG's principal business address located?

UBS Group AG's principal business address is Bahnhofstrasse 45, Zurich, CH-8001.

From the Filing

0001610520-25-000023.txt : 20250317 0001610520-25-000023.hdr.sgml : 20250317 20250317074117 ACCESSION NUMBER: 0001610520-25-000023 CONFORMED SUBMISSION TYPE: 20-F PUBLIC DOCUMENT COUNT: 399 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UBS Group AG CENTRAL INDEX KEY: 0001610520 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: V8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 20-F SEC ACT: 1934 Act SEC FILE NUMBER: 001-36764 FILM NUMBER: 25742370 BUSINESS ADDRESS: STREET 1: BAHNHOFSTRASSE 45 CITY: ZURICH STATE: V8 ZIP: CH-8001 BUSINESS PHONE: 41-44-234-1111 MAIL ADDRESS: STREET 1: BAHNHOFSTRASSE 45 CITY: ZURICH STATE: V8 ZIP: CH-8001 20-F 1 ubs-20241231.htm ubs-20241231 0001610520 FY --12-31 2024 FALSE FALSE FALSE FALSE NY FALSE  0001610520 2024-12-31 0001610520 2023-12-31 0001610520 2022-01-01 2022-12-31 0001610520 ubs:DeferredContingentCapitalPlanMember ubs:CompensationPerformanceYearMember 2023-01-01 2023-12-31 0001610520 2023-01-01 2023-12-31 0001610520 ubs:DeferredCompensationAwardsMember 2022-01-01 2022-12-31 0001610520 ubs:DeferredContingentCapitalPlanMember ubs:CompensationPriorYearsMember 2023-01-01 2023-12-31 0001610520 ubs:EquityOwnershipPlanMember ubs:CompensationPerformanceYearMember 2023-01-01 2023-12-31 0001610520 ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember ifrs-full:SecuritisationVehiclesMember 2024-12-31 0001610520 2024-01-01 2024-12-31 0001610520 ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember ubs:ClientVehiclesSponsoredByUBSMember 2024-12-31 0001610520 ubs:FinancialAdvisorCompensationDeferredSharebasedAwardsMember ubs:CompensationPerformanceYearMember 2024-01-01 2024-12-31 0001610520 ubs:FinancialAdvisorCompensationCommitmentsMember 2023-01-01 2023-12-31 0001610520 ubs:EquityOwnershipPlanMember ubs:CompensationPriorYearsMember 2023-01-01 2023-12-31 0001610520 ubs:FinancialAdvisorCompensationCommitmentsMember ubs:CompensationPriorYearsMember 2023-01-01 2023-12-31 0001610520 ifrs-full:LifetimeExpectedCreditLossesMember ifrs-full:FinancialInstrumentsNotCreditimpairedMember ifrs-full:GrossCarryingAmountMember ubs:InternalCreditGrades0To1Member ubs:OtherFinancialAssetsAtAmortisedCostMember 2024-12-31 0001610520 ubs:EquityOwnershipPlanMember 2024-01-01 2024-12-31 0001610520 ubs:DeferredContingentCapitalPlanMember 2023-01-01 2023-12-31 0001610520 ubs:CashPerformanceAwardsMember 2024-01-01 2024-12-31 0001610520 ubs:LaterThanTenYearsAndNotLaterThanTwentyYearsMember 2024-12-31 0001610520 ifrs-full:GrossCarryingAmountMember ubs:CashAndBankBalancesAtCentralBanksMember ubs:InternalCreditGrades6To8Member 2024-12-31 0001610520 ubs:FinancialAdvisorCompensationCashPaymentsMember ubs:CompensationPriorYearsMember 2024-01-01 2024-12-31 0001610520 ubs:FinancialAdvisorCompensationCommitmentsMember ubs:CompensationPriorYearsMember 2024-01-01 2024-12-31 0001610520 ubs:FinancialAdvisorCompensationMember 2023-01-01 2023-12-31 0001610520 ubs:CompensationPerformanceYearMember ubs:DeferredCompensationAwardsMember 2023-01-01 2023-12-31 0001610520 ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember ifrs-full:InvestmentFundsMember 2023-12-31 0001610520 ubs:FinancialAdvisorCompensationDeferredSharebasedAwardsMember ubs:CompensationPriorYearsMember 2024-01-01 2024-12-31 0001610520 ifrs-full:LifetimeExpectedCreditLossesMember ifrs-full:FinancialInstrumentsNotCreditimpairedMember ifrs-full:AllowanceForCreditLossesMember ubs:OtherFinancialAssetsAtAmortisedCostMember 2024-12-31 0001610520 ifrs-full:FinancialInstrumentsNotCreditimpairedMember ifrs-full:AllowanceForCreditLossesMember ifrs-full:TwelvemonthExpectedCreditLossesMember ubs:LoansAndAdvancesToCustomersMember 2023-12-31 0001610520 ifrs-full:FinancialAssets