6-K
UBS Group AG (UBS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 6-K
REPORT OF FOREIGN PRIVATE
ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Date: July 30, 2025
UBS Group AG
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
(Address of principal executive office)
Commission File Number: 1-36764
UBS AG
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
Aeschenvorstadt 1, 4051 Basel, Switzerland
(Address of principal executive offices)
Commission File Number: 1-15060
Indicate by check mark whether the registrants file or will file annual reports under
cover of
Form 20-F or Form 40-
F.
Form 20-F
☒
Form 40-F
☐
This Form 6-K consists of the
UBS Group AG standalone financial
information for the six months ended
30
June 2025, which appears immediately following this page.
UBS
Group AG
Standalone financial information
for the six months ended
30 June 2025
Table of contents
UBS Group AG standalone financial information
1
Income statement
1
Balance sheet
Notes to the UBS Group AG standalone financial
information
2
Basis of accounting
2
Accounting policies
2
Significant events
Appendix
3
Cautionary statement
Contacts
Switchboards
For all general inquiries
ubs.com/contact
Zurich +41-44-234-1111
London +44-207-567-8000
New York +1-212-821-3000
Hong Kong +852-2971-8888
Singapore +65-6495-8000
Investor Relations
UBS’s Investor Relations team
manages relationships with
institutional investors, research
analysts and credit rating agencies.
ubs.com/investors
Zurich +41-44-234-4100
New York +1-212-882-5734
Media Relations
UBS’s Media Relations team manages
relationships with global media and
journalists.
ubs.com/media
Zurich +41-44-234-8500
London +44-20-7567-4714
New York +1-212-882-5858
Hong Kong +852-2971-8200
Office of the Group Company
Secretary
The Group Company Secretary
handles inquiries directed to the
Chairman or to other members of the
Board of Directors.
UBS Group AG, Office of the
Group Company Secretary
PO Box, CH-8098 Zurich, Switzerland
Zurich +41-44-235-6652
Shareholder Services
UBS’s Shareholder Services team,
a unit of the Group Company
Secretary’s office, manages
relationships with shareholders and
the registration of UBS Group AG
registered shares.
UBS Group AG, Shareholder Services
PO Box, CH-8098 Zurich,
Switzerland
Zurich +41-44-235-6652
US Transfer Agent
For global registered share-related
inquiries in the US.
Computershare Trust Company NA
PO Box 43006
Providence,
RI, 02940-3006,
USA
Shareholder online inquiries:
www.computershare.com/us/
investor-inquiries
Shareholder website:
computershare.com/investor
Calls from the US
+1-866-305-9566
Calls from outside the US
+1-781-575-2623
TDD for hearing impaired
+1-800-231-5469
TDD for foreign shareholders
+1-201-680-6610
Imprint
Publisher: UBS Group AG, Zurich, Switzerland | ubs.com
Language: English
© UBS 2025. The key symbol and UBS are among
the registered and
unregistered trademarks of UBS. All rights reserved.
UBS Group AG standalone
1
UBS Group AG standalone financial information
Income statement
USD m
CHF m
Year-to-date
Year-to-date
30.6.25
30.6.24
30.6.25
30.6.24
Dividend income from the investment in UBS AG
6,500
3,000
5,360
2,758
Other operating income
3,123
3,121
2,657
2,799
Operating income
9,623
6,121
8,017
5,557
Operating expenses
2,997
3,004
2,566
2,691
Operating profit / (loss) before tax
6,625
3,116
5,451
2,866
Tax expense / (benefit)
0
2
0
2
Net profit / (loss) for the period
6,625
3,115
5,451
2,865
Balance sheet
USD m
CHF m
30.6.25
31.12.24
30.6.25
31.12.24
Assets
Current assets
14,194
12,177
11,266
11,058
Non-current assets
192,560
190,010
152,844
172,548
of which: investments in subsidiaries
73,334
73,325
58,209
66,586
of which: investment in UBS AG
1
72,567
72,567
57,599
65,898
Total assets
206,753
202,187
164,110
183,606
Liabilities
Short-term liabilities
12,530
12,606
9,946
11,447
Long-term liabilities
127,085
125,103
100,874
113,606
Total liabilities
139,615
137,709
110,819
125,053
of which: Deferred Contingent Capital Plan
1,890
1,832
1,500
1,664
of which: other deferred compensation plans
3,361
3,513
2,668
3,190
Equity
Share capital
2,3
334
346
329
341
Statutory capital reserve
3,4
41,662
44,228
40,189
42,413
of which: capital contribution reserve
29,037
31,603
30,396
32,621
of which: other statutory capital reserve
12,625
12,625
9,792
9,792
Statutory earnings reserve
0
33
0
30
of which: reserve for treasury shares held by subsidiaries
0
33
0
30
Voluntary earnings reserve
3,4
23,465
23,395
11,928
19,148
Treasury shares
3
(4,948)
(6,517)
(4,606)
(6,141)
of which: against capital contribution reserve
(997)
(1,631)
(861)
(1,486)
Net profit / (loss)
6,625
2,994
5,451
2,762
Equity attributable to shareholders
67,139
64,478
53,291
58,553
Total liabilities and equity
206,753
202,187
164,110
183,606
1 The merger of UBS AG and Credit Suisse AG was completed on 31 May 2024.
2 Refer to “Share information and earnings per share” in the “Risk, capital, liquidity and funding, and balance sheet” section of the
UBS Group second quarter 2025 report for information
about UBS Group AG shares.
3 Reflects the cancellation of 120,506,008 shares,
each with a nominal value of USD 0.10
as approved by the shareholders at
the Annual General Meeting held on 10 April
2025, refer to Note Significant events.
4 During the second quarter of 2025, as approved by
the Annual General Meeting of shareholders, the payment
of an ordinary
cash dividend of USD 0.90
(gross) per dividend-bearing
share, totaling USD 2,866m
(CHF 2,342m), was made,
half from the capital
contribution reserve within the
statutory capital reserve
and the other half
from
total profit available for appropriation. The remaining
amount of total profit available
for appropriation (i.e. USD 1,561m from USD 2,994m (CHF 1,590m
from CHF 2,762m)) was appropriated to the
voluntary earnings
reserve.
UBS Group AG standalone
2
Notes to the UBS Group AG standalone financial information
Basis of accounting
The UBS
Group AG standalone
financial statements
are prepared
in accordance
with the
principles of
the Swiss
Law
on Accounting and Financial Reporting (32nd title
of the Swiss Code of Obligations).
This interim financial information
consists of a condensed
balance sheet, an income
statement,
and notes,
and it is
unaudited.
It
should
be
read
in
conjunction
with
the
audited
standalone
financial
statements
and
regulatory
information for the year ended 31 December
2024.
This
interim financial
information provides
an
update of
the financial
position of
UBS Group AG to
current and
future investors, as well as other interested stakeholders.
Accounting policies
In preparing
the interim
financial information
for UBS
Group AG,
the same
accounting policies
and methods
of
computation
have
been
applied
as
in
the
annual
standalone
financial
statements
of
UBS
Group
AG
as
of
31 December 2024.
More information
about the
accounting policies
applied is
provided in
Note 2
to the
UBS Group
AG standalone financial
statements as of
31 December 2024,
available under “Holding
company and significant
regulated subsidiaries and sub-groups” at
ubs.com/investors
.
Significant events
Cancellation of shares in 2025
On
10
April
2025,
the
Annual
General
Meeting
of
shareholders
(the
AGM)
approved
the
cancellation
of
120,506,008 shares,
each with
a nominal
value of
USD 0.10,
purchased under
the 2022
share repurchase
program.
The share
capital has
been reduced
by the
nominal value
of the
repurchased shares
upon cancellation,
i.e. USD 12m
(CHF 12m). The capital contribution reserve and the voluntary earnings reserve were each reduced by 50% of the
total capital reduction amount exceeding the nominal
value upon cancellation of the repurchased shares,
i.e. each
by USD 1,133m (CHF 1,053m).
Amounts disclosed in Swiss francs
may differ from the purchase
price of the shares
due to the applied method of converting US dollars
to Swiss francs for presentation purposes.
The cancellation of shares did not change
the total equity reported for UBS Group
AG.
Investments in UBS AG and Credit Suisse AG
On 31 May 2024, the merger
of UBS AG and Credit
Suisse AG was completed.
Accordingly, the cost, accumulated
impairment and book value of the
investment in Credit Suisse AG were
transferred to the investment in UBS
AG.
The merger had no impact on the financial position and performance of UBS Group AG in the 2024 financial
year
and for the six months ended 30 June 2025.
UBS Group AG standalone
3
Cautionary statement
|
This report
and the
information contained
herein are
provided solely
for information
purposes, and
are not to
be construed
as solicitation
of an offer to buy or sell any securities or other financial instruments in Switzerland, the United States or any other jurisdiction. No investment decision relating
to securities of or relating to UBS Group AG, UBS AG or their affiliates should be made on the basis of this report. Refer to UBS’s most recent annual report on
Form 20-
F,
quarterly reports and other information
furnished to or filed with
the US Securities and Exchange
Commission (the SEC) on Form
6-K, available at
ubs.com/investors
, for additional information.
Rounding |
Numbers presented throughout this report may not add up
precisely to the totals provided in the tables and text.
Percentages and percent changes
disclosed in text and tables are
calculated on the basis of unrounded
figures. Absolute changes between reporting periods disclosed in
the text, which can be
derived from numbers presented in related tables, are calculated on
a rounded basis.
Tables |
Within tables, blank fields generally indicate non-applicability or that presentation of any content would not be meaningful, or that information is not
available as of the relevant date or for the relevant period. Zero values generally indicate that the respective figure is zero on an actual or rounded basis.
Values
that are zero on a rounded basis can be either negative
or positive on an actual basis.
Websites |
In this report,
any website
addresses are provided
solely for information
and are not
intended to
be active links.
UBS does not
incorporate
the contents
of any such websites into this report.
UBS Group AG
PO Box
CH-8098 Zurich
ubs.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this
report to be signed on their behalf by the undersigned, thereunto duly
authorized.
UBS Group AG
By:
/s/ Steffen Henrich
_
Name:
Steffen Henrich
Title:
Group Controller
By:
/s/ David Kelly
_
Name:
David Kelly
Title:
Managing Director
UBS AG
By:
/s/ Steffen Henrich
_
Name:
Steffen Henrich
Title:
Controller
By:
/s/ David Kelly
_
Name:
David Kelly
Title:
Managing Director
Date:
July 30, 2025