The Swiss bank UBS reported a net income below market expectations, but 14 percent higher than the same period last year.
The number is nonetheless above the bank's own consensus report, which polls more analysts than Thomson Reuters, which indicated a net income of 0.897 billion Swiss francs.
Here are the key metrics:
- Net income: 0.9 billion Swiss francs vs 1.043 billion Swiss francs, expected by Thomson Reuters
- Earnings per share: 0.31 Swiss francs vs 0.35 Swiss francs, expected by Thomson Reuters
- Revenue: 7.145 billion Swiss francs vs 7.060 billion, expected by Thomson Reuters
UBS said it saw good results across its business divisions with Asia Pacific as an important driver of growth.