UBS Group Q1 Earnings & Revenues Dip Y/Y, Credit Loss Expenses Slip

UBS Group AG (UBS) reported a first-quarter 2025 net profit attributable to shareholders of $1.69 billion compared with$1.76 billion in the prior-year quarter.Results were driven by the strong performances of the Global Wealth Management, Asset Management and Investment Bank divisions. A decline in credit loss expenses was a headwind. However, the increase in operating expenses was a headwind.UBS' Revenues & ExpensesThe company’s first-quarter total revenues declined 1.4% year over year to $12.6 billion.Op ...