6-K 1 edgar2q25ubsgroupag.htm edgar2q25ubsgroupag
 
 
 
 
 
 
 
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 6-K
REPORT OF FOREIGN PRIVATE
 
ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Date: July 30, 2025
UBS Group AG
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
(Address of principal executive office)
Commission File Number: 1-36764
UBS AG
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
Aeschenvorstadt 1, 4051 Basel, Switzerland
 
(Address of principal executive offices)
Commission File Number: 1-15060
 
Indicate by check mark whether the registrants file or will file annual reports under
 
cover of
 
Form 20-F or Form 40-
F.
Form 20-F
 
☒
 
Form 40-F
 
☐
This Form 6-K consists of the
 
UBS Group AG standalone financial
 
information for the six months ended
 
30
June 2025, which appears immediately following this page.
 
edgarq25ubsgroupagstap3i0
UBS
 
Group AG
 
Standalone financial information
 
 
for the six months ended
30 June 2025
 
 
 
Table of contents
UBS Group AG standalone financial information
1
1
Notes to the UBS Group AG standalone financial
information
2
2
2
Appendix
3
Contacts
Switchboards
For all general inquiries
ubs.com/contact
Zurich +41-44-234-1111
London +44-207-567-8000
New York +1-212-821-3000
Hong Kong +852-2971-8888
Singapore +65-6495-8000
Investor Relations
UBS’s Investor Relations team
manages relationships with
institutional investors, research
analysts and credit rating agencies.
ubs.com/investors
Zurich +41-44-234-4100
New York +1-212-882-5734
Media Relations
UBS’s Media Relations team manages
relationships with global media and
journalists.
ubs.com/media
Zurich +41-44-234-8500
mediarelations@ubs.com
London +44-20-7567-4714
 
ubs-media-relations@ubs.com
New York +1-212-882-5858
 
mediarelations@ubs.com
Hong Kong +852-2971-8200
sh-mediarelations-ap@ubs.com
Office of the Group Company
Secretary
The Group Company Secretary
handles inquiries directed to the
Chairman or to other members of the
Board of Directors.
UBS Group AG, Office of the
 
Group Company Secretary
PO Box, CH-8098 Zurich, Switzerland
sh-company-secretary@ubs.com
Zurich +41-44-235-6652
Shareholder Services
UBS’s Shareholder Services team,
a unit of the Group Company
Secretary’s office, manages
relationships with shareholders and
the registration of UBS Group AG
registered shares.
UBS Group AG, Shareholder Services
PO Box, CH-8098 Zurich,
 
Switzerland
sh-shareholder-services@ubs.com
Zurich +41-44-235-6652
US Transfer Agent
For global registered share-related
inquiries in the US.
Computershare Trust Company NA
PO Box 43006
 
Providence,
 
RI, 02940-3006,
 
USA
Shareholder online inquiries:
www.computershare.com/us/
investor-inquiries
Shareholder website:
computershare.com/investor
Calls from the US
 
+1-866-305-9566
Calls from outside the US
 
+1-781-575-2623
TDD for hearing impaired
+1-800-231-5469
TDD for foreign shareholders
+1-201-680-6610
Imprint
Publisher: UBS Group AG, Zurich, Switzerland | ubs.com
Language: English
© UBS 2025. The key symbol and UBS are among
 
the registered and
unregistered trademarks of UBS. All rights reserved.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
UBS Group AG standalone
 
1
UBS Group AG standalone financial information
Income statement
USD m
CHF m
Year-to-date
Year-to-date
30.6.25
30.6.24
30.6.25
30.6.24
Dividend income from the investment in UBS AG
 
 
6,500
 
3,000
 
5,360
 
2,758
Other operating income
 
3,123
 
3,121
 
2,657
 
2,799
Operating income
 
9,623
 
6,121
 
8,017
 
5,557
Operating expenses
 
2,997
 
3,004
 
2,566
 
2,691
Operating profit / (loss) before tax
 
6,625
 
3,116
 
5,451
 
2,866
Tax expense / (benefit)
 
0
 
2
 
0
 
2
Net profit / (loss) for the period
 
6,625
 
3,115
 
5,451
 
2,865
Balance sheet
USD m
CHF m
30.6.25
31.12.24
30.6.25
31.12.24
Assets
Current assets
 
14,194
 
12,177
 
11,266
 
11,058
Non-current assets
 
192,560
 
190,010
 
152,844
 
172,548
of which: investments in subsidiaries
 
73,334
 
73,325
 
58,209
 
66,586
of which: investment in UBS AG
1
 
72,567
 
72,567
 
57,599
 
65,898
Total assets
 
206,753
 
202,187
 
164,110
 
183,606
Liabilities
Short-term liabilities
 
12,530
 
12,606
 
9,946
 
11,447
Long-term liabilities
 
127,085
 
125,103
 
100,874
 
113,606
Total liabilities
 
139,615
 
137,709
 
110,819
 
125,053
of which: Deferred Contingent Capital Plan
 
1,890
 
1,832
 
1,500
 
1,664
of which: other deferred compensation plans
 
3,361
 
3,513
 
2,668
 
3,190
Equity
Share capital
2,3
 
334
 
346
 
329
 
341
Statutory capital reserve
3,4
 
41,662
 
44,228
 
40,189
 
42,413
of which: capital contribution reserve
 
29,037
 
31,603
 
30,396
 
32,621
of which: other statutory capital reserve
 
12,625
 
12,625
 
9,792
 
9,792
Statutory earnings reserve
 
0
 
33
 
0
 
30
of which: reserve for treasury shares held by subsidiaries
 
0
 
33
 
0
 
30
Voluntary earnings reserve
3,4
 
23,465
 
23,395
 
11,928
 
19,148
Treasury shares
3
 
(4,948)
 
(6,517)
 
(4,606)
 
(6,141)
of which: against capital contribution reserve
 
(997)
 
(1,631)
 
(861)
 
(1,486)
Net profit / (loss)
 
6,625
 
2,994
 
5,451
 
2,762
Equity attributable to shareholders
 
67,139
 
64,478
 
53,291
 
58,553
Total liabilities and equity
 
206,753
 
202,187
 
164,110
 
183,606
1 The merger of UBS AG and Credit Suisse AG was completed on 31 May 2024.
 
2 Refer to “Share information and earnings per share” in the “Risk, capital, liquidity and funding, and balance sheet” section of the
UBS Group second quarter 2025 report for information
 
about UBS Group AG shares.
 
3 Reflects the cancellation of 120,506,008 shares,
 
each with a nominal value of USD 0.10
 
as approved by the shareholders at
the Annual General Meeting held on 10 April
 
2025, refer to Note Significant events.
 
4 During the second quarter of 2025, as approved by
 
the Annual General Meeting of shareholders, the payment
 
of an ordinary
cash dividend of USD 0.90
 
(gross) per dividend-bearing
 
share, totaling USD 2,866m
 
(CHF 2,342m), was made,
 
half from the capital
 
contribution reserve within the
 
statutory capital reserve
 
and the other half
 
from
total profit available for appropriation. The remaining
 
amount of total profit available
 
for appropriation (i.e. USD 1,561m from USD 2,994m (CHF 1,590m
 
from CHF 2,762m)) was appropriated to the
 
voluntary earnings
reserve.
 
 
 
 
UBS Group AG standalone
 
2
Notes to the UBS Group AG standalone financial information
Basis of accounting
The UBS
 
Group AG standalone
 
financial statements
 
are prepared
 
in accordance
 
with the
 
principles of
 
the Swiss
 
Law
on Accounting and Financial Reporting (32nd title
 
of the Swiss Code of Obligations).
This interim financial information
 
consists of a condensed
 
balance sheet, an income
 
statement,
 
and notes,
 
and it is
unaudited.
 
It
 
should
 
be
 
read
 
in
 
conjunction
 
with
 
the
 
audited
 
standalone
 
financial
 
statements
 
and
 
regulatory
information for the year ended 31 December
 
2024.
This
 
interim financial
 
information provides
 
an
 
update of
 
the financial
 
position of
 
UBS Group AG to
 
current and
future investors, as well as other interested stakeholders.
Accounting policies
In preparing
 
the interim
 
financial information
 
for UBS
 
Group AG,
 
the same
 
accounting policies
 
and methods
 
of
computation
 
have
 
been
 
applied
 
as
 
in
 
the
 
annual
 
standalone
 
financial
 
statements
 
of
 
UBS
 
Group
 
AG
 
as
 
of
31 December 2024.
 
More information
 
about the
 
accounting policies
 
applied is
 
provided in
 
Note 2
 
to the
 
UBS Group
AG standalone financial
 
statements as of
 
31 December 2024,
 
available under “Holding
 
company and significant
regulated subsidiaries and sub-groups” at
ubs.com/investors
.
Significant events
Cancellation of shares in 2025
On
 
10
 
April
 
2025,
 
the
 
Annual
 
General
 
Meeting
 
of
 
shareholders
 
(the
 
AGM)
 
approved
 
the
 
cancellation
 
of
120,506,008 shares,
 
each with
 
a nominal
 
value of
 
USD 0.10,
 
purchased under
 
the 2022
 
share repurchase
 
program.
The share
 
capital has
 
been reduced
 
by the
 
nominal value
 
of the
 
repurchased shares
 
upon cancellation,
 
i.e. USD 12m
(CHF 12m). The capital contribution reserve and the voluntary earnings reserve were each reduced by 50% of the
total capital reduction amount exceeding the nominal
 
value upon cancellation of the repurchased shares,
 
i.e. each
by USD 1,133m (CHF 1,053m).
 
Amounts disclosed in Swiss francs
 
may differ from the purchase
 
price of the shares
due to the applied method of converting US dollars
 
to Swiss francs for presentation purposes.
The cancellation of shares did not change
 
the total equity reported for UBS Group
 
AG.
Investments in UBS AG and Credit Suisse AG
On 31 May 2024, the merger
 
of UBS AG and Credit
 
Suisse AG was completed.
 
Accordingly, the cost, accumulated
impairment and book value of the
 
investment in Credit Suisse AG were
 
transferred to the investment in UBS
 
AG.
The merger had no impact on the financial position and performance of UBS Group AG in the 2024 financial
 
year
and for the six months ended 30 June 2025.
 
 
UBS Group AG standalone
 
3
Cautionary statement
 
|
 
This report
 
and the
 
information contained
 
herein are
 
provided solely
 
for information
 
purposes, and
 
are not to
 
be construed
 
as solicitation
of an offer to buy or sell any securities or other financial instruments in Switzerland, the United States or any other jurisdiction. No investment decision relating
to securities of or relating to UBS Group AG, UBS AG or their affiliates should be made on the basis of this report. Refer to UBS’s most recent annual report on
Form 20-
F,
quarterly reports and other information
 
furnished to or filed with
 
the US Securities and Exchange
 
Commission (the SEC) on Form
 
6-K, available at
ubs.com/investors
, for additional information.
Rounding |
 
Numbers presented throughout this report may not add up
 
precisely to the totals provided in the tables and text.
 
Percentages and percent changes
disclosed in text and tables are
 
calculated on the basis of unrounded
 
figures. Absolute changes between reporting periods disclosed in
 
the text, which can be
derived from numbers presented in related tables, are calculated on
 
a rounded basis.
 
Tables |
 
Within tables, blank fields generally indicate non-applicability or that presentation of any content would not be meaningful, or that information is not
available as of the relevant date or for the relevant period. Zero values generally indicate that the respective figure is zero on an actual or rounded basis.
 
Values
that are zero on a rounded basis can be either negative
 
or positive on an actual basis.
Websites |
 
In this report,
 
any website
 
addresses are provided
 
solely for information
 
and are not
 
intended to
 
be active links.
 
UBS does not
 
incorporate
 
the contents
of any such websites into this report.
edgarq25ubsgroupagstap8i0
UBS Group AG
PO Box
CH-8098 Zurich
ubs.com
 
 
 
 
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
 
registrants have duly caused this
report to be signed on their behalf by the undersigned, thereunto duly
 
authorized.
UBS Group AG
By:
 
/s/ Steffen Henrich
 
_
Name:
 
Steffen Henrich
Title:
 
Group Controller
 
By:
 
/s/ David Kelly
 
_
Name:
 
David Kelly
Title:
 
Managing Director
 
UBS AG
By:
 
/s/ Steffen Henrich
 
_
Name:
 
Steffen Henrich
Title:
 
Controller
 
By:
 
/s/ David Kelly
 
_
Name:
 
David Kelly
Title:
 
Managing Director
 
Date:
 
July 30, 2025