EPS17E/EPS18E +4%, target raised to CHF16.5
UBS (Neutral, TP CHF16.5 from CHF15.8) Investment catalyst: UBS reported Q4 2016 net profit of CHF738m versus consensus of CHF230m and our estimates of CHF360m. […]
UBS (Neutral, TP CHF16.5 from CHF15.8) Investment catalyst: UBS reported Q4 2016 net profit of CHF738m versus consensus of CHF230m and our estimates of CHF360m. […]
Swiss banks Higher capital ratios, weaker P&L SNB (Swiss National Bank) published its Financial Stability Report 2016, please find the attached link. Key points: Over […]
EPS momentum still weak We cut our EPS 2016-17E by 10%, leading us to reduce our target price from CHF19 to CHF17 based on FY […]
EPS momentum still weak UBS reported Q415 net profit of ChF949m vs consensus of ChF911m and our estimates of ChF820m. There was a ChF515m positive […]
Update following JP Morgan results (Click for full report) While JP Morgan reported better-than-expected EPS, investment banking revenues are once again under pressure both QOQ […]
Low quality results helped by one-offs UBS reported Q3 net income CHF2.07bn versus consensus of CHF1.73bn and my estimate of CHF1,6bn. There were the following […]
Credit Suisse: Private placement closed, EPS 15-17E -4% UBS: EPS 2015E-17E -6% Credit Suisse has priced its private placement of 58m new registered shares (without […]
UBS (Neutral, TP CHF20.8) UBS AG and UBS Group AG announced on 19 August 2015 the successful completion of a procedure under article 33 of the […]
UBS (Neutral, TP CHF20.8 (<img class=”alignnone size-full wp-image-128″ src=”http://hammer-partners.com/wp-content/uploads/2014/12/arrow-single-up-green.png” alt=”arrow-single-up-green” width=”10″ height=”10″ /> CHF17.5) Update following Monday 27 July’s Q2 2015 pre-announcement: UBS reported Q2 2015 net profit […]
European Investment Banks J.P. Morgan reports quarterly earnings of $1.54 a share, versus analyst estimates of $1.44 a share. As far as CIB division net […]
Credit Suisse (BUY, TP CHF31.0), UBS (Neutral, CHF17.5) In a submission to the U.S. Federal Reserve about how it would shut down its business in […]
UBS (Neutral from BUY, TP CHF17.5) UBS reported Q115 net profit of ChF1,9bn from ChF858m in Q414 versus our estimate of ChF1,3bn and consensus of […]
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