UBS reported a pre-tax profit of $3.6 billion in the second quarter, up 64 percent from a year earlier and comfortably ahead of market expectations. Net profit came in at $2.8 billion, exceeding analysts’ consensus estimate of around $2.4 billion. For the first half of 2026, the Swiss banking giant generated $7.4 billion in pre-tax profit and $5.8 billion in net profit, underlining the financial strength of the combined UBS-Credit Suisse franchise. The division attracted $36 billion in net new assets during the second quarter and $73 billion during the first half of the year. During the second quarter alone, the bank achieved an additional $1.1 billion in gross savings.