UBS profit jumps more than expected to $2.4bn https://t.co/rtCyopTA7K
UBS Net Profit Beats Expectations https://t.co/UlL22wwyFG
BASF Q2 2025 Earnings: • Revenue: €15.77B (est. €15.83B) • Adjusted EBIT: €810M (est. €758.2M) • Adjusted EBITDA: €1.77B (est. €1.73B) • Adjusted EPS: €0.48 (est. €0.51) • Sees FY Adjusted EBITDA: €7.3B To €7.7B (est. €7.54B)
Europe’s largest listed banks delivered stronger-than-expected second-quarter earnings, buoyed by resilient trading desks and stable credit quality despite a subdued economic backdrop. Swiss-based UBS Group led the pack, reporting a net profit of $2.40 billion on revenue of $12.11 billion, both ahead of analysts’ forecasts. Chief executives said an anticipated easing in global trade tensions could revive client activity in the second half. In Paris, BNP Paribas posted revenue of €12.58 billion and net income of €3.26 billion, beating estimates as fixed-income trading income rose to €1.41 billion. Loan-loss provisions increased modestly to €884 million, while the common-equity Tier 1 ratio stood at 12.5 percent. Deutsche Bank’s net revenue climbed to €7.80 billion and net income to €1.49 billion, helped by €2.30 billion from fixed-income and currency trading. The German lender kept its CET1 capital ratio essentially unchanged and reiterated its full-year return-on-tangible-equity goal. Barclays rounded out the reporting week with a £2.48 billion pretax profit, surpassing expectations on robust investment-bank revenue of £3.31 billion and lower-than-forecast credit provisions of £469 million.
