UBS profit rose 80% as trading revenue hit an all-time high

The Swiss bank's investment bank posted $4 billion in revenue for the quarter, driven by records in equities and foreign exchange

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First-quarter net profit at UBS came in at $3 billion for 2026, a figure that represented an 80% increase from the same period a year earlier, the company said. An LSEG-compiled consensus poll of analyst estimates had put the figure at $2.8 billion, meaning the bank came in ahead of expectations, CNBC reported.

Total reported revenues reached $14.2 billion for the quarter, up 13% year-over-year. The investment bank was the standout division, with reported revenues of $4.1 billion, up 27%.

Records were set across equities and foreign exchange, rates, and credit within the Global Markets trading arm,........

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