UBS Group AG (UBS)

Hold Recap: Q2 2026

Pre-Acquisition Profitability, Restored: The Business Has Won Its Argument, and the Share Price Has Already Won Bern's

Hold Recap: Q1 2026

The 2026 Targets Arrived Three Quarters Early, and We Are Still Not Upgrading: Bern Just Put a $37bn Number on the Only Question That Matters

Hold Recap: Q4 2025

A 35% Pre-Tax Beat, $14bn Out the Door in the Americas, and a 2026 Guide Two Points Below the Target Everyone Was Anchoring On

Hold Recap: Q3 2025

A 74% Profit Jump the Tape Ignored: Litigation Releases Flatter a Genuinely Good Quarter, and Bern Still Holds the Pen