The bank reported a pre-tax profit of 3,6 billion dollar for the second quarter of 2026 and a net profit of 2,8 billion dollar. For the first half of the year, this translates into a pre-tax profit of 7,4 billion dollar and a net profit of 5,8 billion dollar. By comparison, Switzerland's last remaining global bank reported a net profit of 7,8 billion dollar for the full year 2025. Synergies RealisedWith 12,6 billion dollar in realised gross cost savings, around 90 percent of the planned synergies have already been achieved. A Message to PolicymakersAlmost simultaneously with the publication of its quarterly results, UBS announced a new 3 billion dollar share buyback programme.