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UBS: Q2 Earnings Snapshot

By AP News
Published

ZURICH (AP) — ZURICH (AP) — UBS AG (UBS) on Thursday reported net income of $28.88 billion in its second quarter.

The bank, based in Zurich, said it had earnings of $8.99 per share. Earnings, adjusted for asset impairment gains, came to $1.88 per share.

The bank posted revenue of $14.93 billion in the period. Its revenue net of interest expense was $9.54 billion, surpassing Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBS at https://www.zacks.com/ap/UBS

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