UBS Group AG Pillar 3 Report

This report provides a comprehensive overview of UBS Group AG's financial standing as of March 31, 2026, focusing on its Pillar 3 disclosures. It details key metrics such as Common Equity Tier 1 (CET1) capital, Tier 1 capital, and Total Capital, alongside Risk-Weighted Assets (RWA) and leverage ratios. The report highlights an increase in CET1 capital to USD 73.3bn and Tier 1 capital to USD 97.0bn, driven by operating profit and new AT1 capital issuances. RWA saw an increase of USD 7.0bn to USD 500.4bn, influenced by asset size and model updates. The leverage ratio denominator (LRD) also increased by USD 31.0bn to USD 1,653.5bn. Liquidity coverage ratio (LCR) decreased slightly to 177.8%, while the Net Stable Funding Ratio (NSFR) increased to 116.9%. The report also discusses significant regulatory developments, including the finalization of Basel III standards in Switzerland and the US, and their potential impact on capital requirements. Notably, proposed changes regarding the treatment of foreign subsidiaries could necessitate an additional USD 20bn in CET1 capital for UBS AG standalone. The report also details the introduction of the Swiss National Bank's Extended Liquidity Facility (ELF) and ongoing consultations by US and EU regulators on capital and liquidity frameworks.