Últimas noticias sobre UBS Gr (NYSE:UBS) Bolsa

UBS Gr

The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.

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Shares of financial companies are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

<a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42273932/tech-stocks-rise-apple-tops-record-highs-dollar-surges-bitcoin-falls-to-95000-whats-driving-markets-monday">Stock market prices </a>are rising as 2024 ends and some people are worried about a possible downturn. But UBS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) analysts say there's no need to stress. They think prices will keep going up in 2025 because of economic changes and how businesses operate.
In their report, &#8220;22x and Beyond: The Case for Higher Valuations or How to Worry Less and Love the Market,&#8221; UBS analysts argue that today's elevated stock prices are both sustainable and logical in the current economic environment. They point to several key factors underpinning this trend.
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<li>It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
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One reason is that, instead of accounting for just 10% of the S&amp;P 500 index&#8217;s total value thirty years ago, tech businesses now account for 40%. These companies grow faster and make bigger profits than others and, as the report says, &#8220;The result – not surprisingly – is an upward shift in valuations for the market broadly.&#8221;
Another critical factor is the robust cash flow generated by large corporations, which need less money to run their operations. This allows them to give more back to their investors, which raises their stock prices.
Additionally, borrowing costs are still affordable even if Treasury yields are rising. According to UBS, tight credit spreads maintain a low cost of capital, which strengthens the stability of high stock prices.
Finally, UBS says the economy is stable and stock prices tend to rise when that happens. They don't expect a recession soon, so they believe prices will continue to grow in 2025.
See Also: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42276232/bank-of-america-eyes-sp-500-at-6666-in-2025-we-are-expecting-another-good-year-for-equities">analysts agree with this bullish outlook</a> and predict the S&amp;P 500 will reach 6,666 by the end of 2025, a 10% increase from now. They credit this to strong earnings, better productivity and shifts in which sectors perform well.
They think industries like finance, energy and consumer goods will lead the way and they see value in large-cap stocks that can handle inflation and higher interest rates. BoA also expects economic growth driven by improved productivity and believes Federal Reserve rate cuts will help the market.
While some <a href="https://www.benzinga.com/top-stories/24/11/42246831/morgan-stanley-sounds-alarm-for-markets-in-2025-sp-500-is-extremely-expensive">investors like Morgan Stanley</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) are cautious about the elevated price-to-earnings ratios and sound alarms about U.S. equity markets heading into 2025, UBS analysts urge them to focus on the fundamentals driving the market forward, saying, &#8220;The current premium is less about the potential of AI. Rather, it is a response to superior fundamentals, namely rapid sales growth and sustainably high EBIT margins.&#8221;
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Markets

'Worry Less And Love The Market' – UBS Analysts Predict A Bullish 2025, Saying Prices Are Justified

The predictions for Wall Street&#8217;s 2025 stock market outlooks have been released, offering a range of expectations from modest gains to potential recessions. The S&amp;P 500 and Nasdaq 100 have shown remarkable growth since 2022, but the future remains uncertain.
What Happened: According to a report, the average 2025 year-end price target for the S&amp;P 500 is 6,539, suggesting a potential increase of approximately 8% from present levels. However, these predictions vary significantly.
BCA Research strategist&nbsp;Peter Berezin&nbsp;foresees a 2025 recession, resulting in a 26% drop in the S&amp;P 500. He attributes this to an expected global economic slowdown and a potential global trade war triggered&nbsp;by the incoming Trump administration.
Barry Bannister, chief equity strategist at Stifel, cautions about an impending correction of 10%-15% due to extreme stock market valuations. 
On the other hand, Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) predicts an 11% rise in corporate profits, driven by a 2.5% annualized growth in the US economy and a 5% increase in corporate revenues, reports <a href="https://markets.businessinsider.com/news/stocks/2025-stock-market-investment-outlooks-wall-street-prediction-roundup-sp500-2024-12">the </a>Market Insider. 
Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) CIO Mike Wilson encourages investors to maintain a bullish stance on stocks in 2025, citing potential interest-rate cuts from the Federal Reserve and the possibility of deregulation under the Trump administration.
Also Read: <a href="https://www.benzinga.com/general/health-care/24/11/42026158/goldman-sachs-economist-weight-loss-drugs-could-be-key-to-us-economic-growth">Goldman Sachs Economist: Weight-Loss Drugs Could Be Key To US Economic Growth</a>
JPMorgan&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) has transitioned&nbsp;from bear to bull in&nbsp;its 2025 outlook, increasing&nbsp;its year-end price target to&nbsp;6,500 due to an expanding&nbsp;business cycle and continued earnings&nbsp;growth.&nbsp;UBS&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) also predicts an upward trend in the stock market in 2025, setting&nbsp;a 6,600 price target for&nbsp;the S&amp;P 500.
However,&nbsp;Ned Davis Research&nbsp;cautions of potential threats to the bull market later in the year, while&nbsp;Bank of America&nbsp;strategist&nbsp;Savita Subramanian&nbsp;expects more subdued gains spread across sectors.
Despite the varied predictions, Wall Street remains cautiously optimistic about the stock market&#8217;s prospects in 2025.
Here's an in-depth look at Wall Street's outlook for the stock market in the year ahead, according to the Insider. 
<h4 class="wp-block-heading">S&amp;P 500 price targets, Projected level for end-of-year 2025:</h4>
Oppenheimer 7,100
Wells Fargo 7,007
Deutsche Bank 7,000
Yardeni Research 7,000
DataTrek Research 6,840
Societe Generale 6,750
BMO 6,700
Bank of America 6,666
Fundstrat 6,600
Barclays 6,600
RBC 6,600
Ned Davis Research 6,600
CFRA 6,585
Morgan Stanley 6,500
Goldman Sachs 6,500
JPMorgan 6,500
Citi 6,500
UBS 6,400
Stifel 5,500
BCA Research 4,450
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News

Stock Market Predictions for 2025: A Mixed Bag Of Expectations

<a href="https://www.wsj.com/finance/banking/ubs-extends-its-u-s-wealth-arm-to-serve-more-than-just-the-ultrarich-b7f3b87b">https://www.wsj.com/finance/banking/ubs-extends-its-u-s-wealth-arm-to-serve-more-than-just-the-ultrarich-b7f3b87b</a>
&nbsp;
<a href="https://www.wsj.com/market-data/quotes/UBS">UBS</a> plans to devote more attention and resources in the U.S. to affluent and not-quite ultrawealthy clients, instead of just its typical focus of managing money for the world's richest people.
A restructuring of the wealth-management business, detailed Tuesday in an email to staff, is a key plank in the Swiss bank's strategy to narrow the gap to its larger, more-profitable peers such as <a href="https://www.wsj.com/market-data/quotes/MS">Morgan Stanley</a> and Bank of America's Merrill Lynch.

'UBS Extends Its U.S. Wealth Arm To Serve More Than Just The Ultrarich; Chasing Higher Margins, And Rivals, The Bank's U.S. Boss Is Making A Move For More Clients And Banking Services' - WSJ

- Exclusive, Reuters Citing Documents

Legal

Management

UK Regulator Scrutinizes Whatsapp Use By Some Credit Suisse Staff; FCA Reviewing Conduct Of Some CS Employees Now Employed By UBS; FCA Declines To Comment On Credit Suisse Whatsapp Review; UBS Says Not Aware Of "An Ongoing FCA Investigation Of This Nature"

Archegos Capital Management founder Bill Hwang was sentenced on Wednesday to 18 years in prison for fraud and market manipulation tied to the fund's <a href="https://www.benzinga.com/news/24/05/38718096/bill-hwangs-trial-begins-over-archegos-fund-collapse-what-to-expect">dramatic collapse in 2021.&nbsp;</a>
The Details: Hwang was sentenced by U.S. District Judge Alvin Hellerstein in New York to slightly less time than the 21 years prosecutors had sought in the case. 
Hwang's lawyers had asked that he be given no prison time at all and Hwang asked the judge on Wednesday to impose a sentence that would allow him to continue to serve society. He also said that he felt "deep pain" about what happened at Archegos, according to a Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-11-20/archegos-founder-bill-hwang-sentenced-to-18-years-in-prison?sref=TBDibEcD">report.</a>
Read More: <a href="https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks">Trump Appears &#8216;Frustrated&#8217; As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List&nbsp;</a>
Hellerstein said Hwang's request for no jail time was "utterly ridiculous" considering the amount of money involved. 
"The amount of losses that were caused by your conduct are larger than any amount of losses I've deal with as a judge," Hellerstein said.
The judge also compared Hwang to FTX founder Sam Bankman-Fried, who received a 25-year sentence for fraud.
"What was worse? Mr. Bankman-Fried's fraud or Mr. Hwang's fraud?" Hellerstein asked.
The jury found that Hwang directed Archegos staff to relay that the firm had large positions in companies such as Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>). Archegos actually invested heavily in a small group of stocks that could be more easily manipulated. 
The collapse at Archegos contributed <a href="https://www.benzinga.com/news/22/11/29835374/troubled-lender-credit-suisse-flags-massive-loss-for-q4-as-it-speeds-up-turnaround-plans">to the demise </a>of Credit Suisse Group AG and rippled through Wall Street causing significant losses at Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>), Nomura Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMR#NYSE">NMR</a>) and other banks.
Former Archegos CFO Patrick Halligan was convicted alongside Hwang earlier in 2024 and will be sentenced separately in January.
Read Next:&nbsp;
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Photo: Shutterstock

Global

General

AAPL

MSFT

Hedge Funder Linked To Credit Suisse Collapse Gets 18 Year Prison Sentence For Fraud, Market Manipulation

UBS Gr's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) short percent of float has fallen 26.67% since its last report. The company recently reported that it has 6.85 million shares sold short, which is 0.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.11 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>UBS Gr Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731948312_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for UBS Gr has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing UBS Gr's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, UBS Gr's peer group average for short interest as a percentage of float is 1.83%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into UBS Gr's Recent Short Interest

Legendary investor Ken Fisher's hedge fund, Fisher Asset Management, grew the value of its portfolio by more than $14 billion dollars <a href="https://www.benzinga.com/personal-finance/24/09/41030896/why-ken-fisher-says-capital-preservation-could-cost-you-big-in-retirement">in the last quarter</a>.
Here's a look at the fund's most significant trades.  
Top Holdings: Fisher Asset Management reported approximately $244 billion in assets under management (AUM), according to an SEC<a href="https://www.sec.gov/Archives/edgar/data/850529/000085052924000012/xslForm13F_X02/primary_doc.xml"> filing</a>. 
Read Next: <a href="https://www.benzinga.com/trading-ideas/movers/24/11/41949068/bitcoin-could-reach-1-million-by-2037-economist-says-buy-of-a-lifetime-opportunity">Bitcoin Could Reach $1 Million By 2037, Economist Says: &#8216;Buy Of A Lifetime&#8217; Opportunity</a>
The firm also added small amounts to each of its top five positions: 
<ul>
<li>Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</li>
<li>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</li>
<li>NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</li>
<li>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and </li>
<li>Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>). </li>
</ul>
Top Buys: Fisher Asset Management's top buy in terms of value was $2.09 billion in shares of the iShares 7-10 Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IEF#NASDAQ">IEF</a>) which provides targeted exposure to U.S. Treasury bonds with remaining maturities between seven and ten years. Treasury bonds are generally considered low-risk investments, which can help balance riskier assets in a diversified portfolio. 
The fund's second and third-largest buys were $850 million in shares of JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and $490 million worth of shares of oil and natural gas producer ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>). 
Top Sells: The hedge fund's top sells by value were $1.35 billion in shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LQD#NYSE">LQD</a>), $750 million worth of Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) shares and $710 million in shares of Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>). 
New Holdings: One of the fund's most notable new holdings is Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), a digital banking services provider also backed by Warren Buffett. Fisher Asset management opened a position in Nu Holdings with approximately 7.23 million shares valued at more than $98.7 million.&nbsp;
The hedge fund also took a $28.3 million new position in wealth manager UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) and opened a $17.2 million position in the iShares MSCI China A ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/CNYA#BATS">CNYA</a>), which tracks an index composed of Chinese equities available to international investors.
Why It Matters: Hedge funds often use sophisticated investment strategies and have access to extensive research which can provide insights into emerging market trends. Individual investors can track hedge funds for investment ideas, successful strategies or compare their own performance against professional investors.&nbsp;
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Image: Shutterstock

Movers

AMZN

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GOOGL

iShares Trust Barclays 7-10 Year Treasury Bond Fund

Here's How Billionaire Ken Fisher's Hedge Fund Made $14 Billion Last Quarter

<a href="https://www.reuters.com/business/finance/us-scrutinizes-russia-accounts-ubs-took-over-credit-suisse-sources-say-2024-11-12/" title="https://www.reuters.com/business/finance/us-scrutinizes-russia-accounts-ubs-took-over-credit-suisse-sources-say-2024-11-12/">https://www.reuters.com/business/finance/us-scrutinizes-russia-accounts-ubs-took-over-credit-suisse-sources-say-2024-11-12/</a>

'US Scrutinizes Russia Accounts UBS Took Over From Credit Suisse, Sources Say' - Reuters

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Shares of banking and private equity stocks are trading higher after Donald Trump won the US presidential election.

UBS Group shares are trading lower. The company reported Q3 financial results.

Swiss bank UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) has announced impressive financial results for the third quarter of 2024. Following the earnings report, the stock rose 2.07% during the pre-market on Wednesday after closing at $32.82 on Tuesday.
What Happened: UBS reported $12.3 billion in revenues, beating the <a href="https://pro.benzinga.com">Wall Street </a>estimates of $10.7 billion while its earnings-per-share (EPS) was reported to be 0.43, beating the estimates by 53.57%.
The bank made a net profit of $1.4 billion for the quarter, with a return on CET1 capital (RoCET1) of 7.6% and an underlying RoCET1 of 9.4%. 
It experienced strong client momentum, with $25 billion in net new assets in Global Wealth Management, aligning with its target of $100 billion in net new assets for 2024.
Transactional activity was robust, with Global Wealth Management transaction-based income rising by 19% year-over-year, and Global Markets revenues increasing by 31% year-over-year. 
UBS also made significant reductions in non-core and legacy risk-weighted assets, cutting $5 billion in the third quarter of 2024 and $41 billion in the second quarter of 2023.
See Also: <a href="https://www.benzinga.com/news/earnings/24/10/41608635/alphabet-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Alphabet Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>
Why It Matters: The strong performance follows a successful second quarter, where UBS reported a <a href="https://www.benzinga.com/news/earnings/24/08/40360422/ubs-q2-earnings-beats-wealth-management-shines-cost-savings-accelerate-more">25% year-over-year increase</a> in sales, with Global Wealth Management&#8217;s net new assets reaching $26.9 billion. This consistent growth underscores UBS&#8217;s strategic focus on wealth management and cost savings.
Recently, UBS has been streamlining its operations, including the sale of its 50% stake in <a href="https://www.benzinga.com/markets/equities/24/10/41421951/american-express-to-become-sole-owner-of-swisscard-as-ubs-sells-its-50-stake">Swisscard to American Express</a>. This move aligns with UBS&#8217;s strategy to focus on core operations following its acquisition of Credit Suisse.
Additionally, UBS has been actively managing its legacy assets, as evidenced by the liquidation of a <a href="https://www.benzinga.com/markets/equities/24/08/40394313/ubs-liquidates-2b-credit-suisse-real-estate-fund-amid-market-slump-report">$2 billion Credit Suisse </a>real estate fund amid a market slump. These strategic decisions highlight UBS&#8217;s commitment to optimizing its business model and enhancing shareholder value.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41568486/mark-cuban-highlights-trumps-potential-to-ruin-christmas-but-he-might-also-end-up-spoiling-the-p?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Highlights Trump&#8217;s Potential To Ruin Christmas But He Might Also End Up Spoiling The Party For Apple, Amazon Investors</a></li>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Earnings

Earnings Beats

Equities

UBS Trades Higher During Pre-Market After Swiss Bank Tops Earnings Estimates With $1.4B Profit In Q3

Outlook
In the third quarter of 2024 we saw strong client activity against a market backdrop that, while constructive, still exhibited periods of high volatility and dislocation.
Entering the fourth quarter, we see a continuation of these market conditions sustained by the prospects of a soft landing in the US economy. However, the macroeconomic outlook in the rest of the world remains clouded. In addition to seasonality, the ongoing geopolitical conflicts and the upcoming US elections are creating uncertainties that are likely to affect investor behavior.
In the fourth quarter, we anticipate a mid-single digit decline in net interest income in Global Wealth Management and a low single-digit decline in Personal &amp; Corporate Banking. Non-core and Legacy is expected to generate a quarterly pre-tax loss in line with our earlier guidance.
The Group's non-personnel costs are expected to show a seasonal sequential uptick. The Group's quarterly tax rate is expected to be around 35%. Integration-related expenses are expected to be around USD 1.2bn and accretion of PPA effects to contribute around USD 0.5bn to the Group's total revenues.
As we stay close to clients, helping them navigate this environment, and execute on our priorities, we will continue to invest to drive sustainable long-term value for our stakeholders while maintaining a balance sheet for all seasons.

Guidance

UBS Expects A Mid-Single-Digit Decline In Q4 Net Interest Income For Global Wealth Management And A Low Single-Digit Drop In Personal & Corporate Banking

UBS Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.22 by 95.45 percent. This is a 295.45 percent increase over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $12.334 billion which beat the analyst consensus estimate of $11.132 billion by 10.80 percent. This is a 5.46 percent increase over sales of $11.695 billion the same period last year.

UBS Gr Q3 2024 GAAP EPS $0.43 Beats $0.22 Estimate, Sales $12.334B Beat $11.132B Estimate

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$13.00</td>
<td>$28.5K</td>
<td>37.4K</td>
<td>2.3K</td>
</tr>
<tr>
<td>RELY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.00</td>
<td>$73.5K</td>
<td>402</td>
<td>420</td>
</tr>
<tr>
<td>PNC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$182.50</td>
<td>$30.0K</td>
<td>378</td>
<td>300</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$80.00</td>
<td>$26.0K</td>
<td>6.1K</td>
<td>245</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.00</td>
<td>$82.7K</td>
<td>886</td>
<td>220</td>
</tr>
<tr>
<td>MS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$102.00</td>
<td>$70.9K</td>
<td>219</td>
<td>209</td>
</tr>
<tr>
<td>UBS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$20.00</td>
<td>$229.5K</td>
<td>0</td>
<td>180</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$60.00</td>
<td>$51.9K</td>
<td>17.1K</td>
<td>126</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$75.00</td>
<td>$117.7K</td>
<td>471</td>
<td>100</td>
</tr>
<tr>
<td>BX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$155.00</td>
<td>$27.9K</td>
<td>3.5K</td>
<td>52</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we observe a put option sweep with bearish sentiment. It expires in 21 day(s) on November 15, 2024. Parties traded 2027 contract(s) at a $13.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $14.0 per contract. There were 37469 open contracts at this strike prior to today, and today 2329 contract(s) were bought and sold. 
• Regarding RELY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELY#NASDAQ">RELY</a>), we observe a put option sweep with bullish sentiment. It expires in 84 day(s) on January 17, 2025. Parties traded 420 contract(s) at a $15.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $73.5K, with a price of $175.0 per contract. There were 402 open contracts at this strike prior to today, and today 420 contract(s) were bought and sold. 
• For PNC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>), we notice a put option trade that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 300 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $100.0 per contract. There were 378 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on November 15, 2024. Parties traded 50 contract(s) at a $80.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $520.0 per contract. There were 6173 open contracts at this strike prior to today, and today 245 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with bullish sentiment. It expires in 448 day(s) on January 16, 2026. Parties traded 4 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $82.7K, with a price of $20695.0 per contract. There were 886 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• For MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 47 contract(s) at a $102.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $70.9K, with a price of $1510.0 per contract. There were 219 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold. 
• Regarding UBS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>), we observe a call option sweep with bullish sentiment. It expires in 203 day(s) on May 16, 2025. Parties traded 180 contract(s) at a $20.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $229.5K, with a price of $1275.0 per contract. There were 0 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold. 
• For WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on November 15, 2024. This event was a transfer of 100 contract(s) at a $60.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $51.9K, with a price of $514.0 per contract. There were 17107 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold. 
• For FUTU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 64 contract(s) at a $75.00 strike. This particular call needed to be split into 64 different trades to become filled. The total cost received by the writing party (or parties) was $117.7K, with a price of $1840.0 per contract. There were 471 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For BX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on November 15, 2024. This event was a transfer of 20 contract(s) at a $155.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $1372.0 per contract. There were 3531 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

COIN

FUTU

PYPL

RELY

10 Financials Stocks Whale Activity In Today's Session

UBS Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) has outperformed the market over the past 5 years by 7.7% on an annualized basis producing an average annual return of 21.35%. Currently, UBS Gr has a market capitalization of $103.02 billion. 
Buying $1000 In UBS: If an investor had bought $1000 of UBS stock 5 years ago, it would be worth $2,660.26 today based on a price of $32.13 for UBS at the time of writing.
<h3>UBS Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729708216_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In UBS Gr 5 Years Ago Would Be Worth This Much Today

CNBC host Jim Cramer has urged investors to consider buying American Express Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) shares <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41407367/american-express-mixed-q3-results-goldman-analyst-sees-silver-lining-in-expense-man">despite the recent dip in the stock price</a>.
What Happened: Cramer, on his show &#8220;Mad Money,&#8221; highlighted the potential of American Express in the long term, especially in attracting younger customers. He emphasized the company&#8217;s strong earnings and credit quality, which he believes will only improve with the Federal Reserve&#8217;s ongoing interest rate cuts, <a href="https://www.cnbc.com/2024/10/21/jim-cramer-explains-why-you-should-buy-american-express-on-the-dip.html">reported</a> CNBC.
"American Express had tremendous success at winning over lots of younger customers, who will likely stick with the company for decades to come," Cramer said. "That's the big story here, not a line or two on the call about a softer spending environment&nbsp;right now, which management is handling with aplomb."&nbsp;
Despite a slight revenue miss and a downward revision of its full-year forecast, American Express reported a significant earnings beat. The company&#8217;s stock price fell by over 2% following the earnings report. Cramer believes that Wall Street is underestimating the company&#8217;s earnings strength and the potential for long-term growth.
He also lauded American Express for its success in attracting younger cardholders, a demographic he believes has a higher lifetime value than older customers. The company&#8217;s CFO, Christophe Le Caillec, noted on the earnings call that they are seeing strong loyalty from Millennial and Gen Z members.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41417379/nvidia-stock-is-up-over-233-in-the-past-year-and-tech-bulls-say-it-could-go-even-hi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia Stock Is Up Over 233% In The Past Year And Tech Bulls Say It Could Go Even Higher From Here: &#8216;…You&#8217;ll See The Stock Double Over The Next Several Years&#8217;</a>
Why It Matters: The recent dip in American Express&#8217; stock price follows a <a href="https://www.benzinga.com/news/earnings/24/10/41400722/american-express-q3-earnings-profit-beats-estimate-card-spending-grows-revises-annual-outlook">mixed third-quarter earnings repor</a>t. The company&#8217;s revenue (net of interest expenses) grew by 8% year-on-year to $16.64 billion, slightly missing the analyst consensus estimate of $16.67 billion. However, the adjusted EPS of $3.49 beat the analyst consensus estimate of $3.28.
Despite the revenue miss, the company&#8217;s Card Member spending or Billed Business grew by 6% (or 6% forex adjusted) year-over-year to $387.3 billion. This performance led analysts to increase their <a href="https://www.benzinga.com/news/earnings/24/10/41435324/american-express-analysts-increase-their-forecasts-after-q3-earnings">forecasts for the company&#8217;s future</a>.
Earlier in October, American Express announced that it would become the sole owner of Swisscard after UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) <a href="https://www.benzinga.com/markets/equities/24/10/41421951/american-express-to-become-sole-owner-of-swisscard-as-ubs-sells-its-50-stake">sold its 50% stake</a>. 
Despite the mixed results, analysts noted that the company&#8217;s higher loan volumes, stable growth in Card Member spending, and accelerated card fee revenue growth <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41407367/american-express-mixed-q3-results-goldman-analyst-sees-silver-lining-in-expense-man">triggered the topline growth</a>.
Price Action: American Express stock closed at $270.74 on Monday, down 2.19% for the day. In after-hours trading, the stock slightly recovered, rising 0.28%. Year to date, American Express has gained 43.77%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Jim Cramer Says Buy The AmEx Dip Citing Love From Millennial And Gen Z Members — Younger Customers Will Stick With The 'Company For Decades'

UBS Gr's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) short percent of float has fallen 15.38% since its last report. The company recently reported that it has 10.54 million shares sold short, which is 0.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.9 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>UBS Gr Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729521017_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for UBS Gr has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing UBS Gr's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, UBS Gr's peer group average for short interest as a percentage of float is 2.05%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About UBS Gr?

American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) is poised to become the sole owner of Swisscard after UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) announced plans to sell its 50% stake. This comes just days after American Express reported<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41407367/american-express-mixed-q3-results-goldman-analyst-sees-silver-lining-in-expense-man"> mixed third-quarter results</a>, with revenue slightly below analyst expectations. 
What Happened: UBS is divesting its half-share in Swisscard to American Express, as per Reuters on Monday. This decision aligns with UBS&#8217;s strategic shift following its acquisition of Credit Suisse. The deal&#8217;s financial terms have not been disclosed, but Swisscard has reportedly confirmed the transaction.
This sale is part of UBS&#8217;s broader strategy to streamline its operations after the emergency takeover of Credit Suisse. UBS has stated that issuing cards through Swisscard no longer fits its strategic goals, and Credit Suisse customers will be moved to UBS&#8217;s existing credit card platform.
Swisscard has reassured stakeholders that the change in ownership will not immediately impact cardholders, merchants, or partners. The company will continue to issue cards under American Express, Mastercard, and Visa licenses in Switzerland.
See Also: <a href="https://www.benzinga.com/insights/options/24/10/41411253/palantir-technologies-unusual-options-activity?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Palantir Technologies Unusual Options Activity</a>
UBS has been actively restructuring, having sold a stake in Credit Suisse Securities (China) in June and a former insurance-linked investment unit in July. The bank plans to inform Credit Suisse cardholders about new card issuance by mid-2025.
Why It Matters: The decision by UBS to sell its stake in Swisscard comes amid <a href="https://www.benzinga.com/markets/equities/24/08/40394313/ubs-liquidates-2b-credit-suisse-real-estate-fund-amid-market-slump-report">a series of strategic divestments</a> following its acquisition of Credit Suisse. In August, UBS liquidated a $2 billion real estate fund from Credit Suisse, reflecting a broader effort to streamline its portfolio. The fund, known as the Credit Suisse Real Estate Fund International, had seen a significant decline in value throughout 2023. 
Meanwhile, despite American Express&#8217; mixed results in the third quarter, there were positive signs in expense management and net interest income growth, suggesting potential for future performance improvements.
Price Action: On Friday, American Express closed 3.15% lower at $276.79 while UBS closed at $32.83, marking a 0.83% hike from its previous close, as per<a href="https://pro.benzinga.com"> Benzinga Pro.</a>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41396724/microstrategy-boss-michael-saylor-taunts-bitcoin-doubters-challenges-them-to-short-company?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">MicroStrategy Boss Michael Saylor Taunts Bitcoin Doubters, Challenges Them To Short Company&#8217;s Stock: &#8216;I Want You To Love Us If You Really Hate BTC&#8217;</a></li>
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Photo via Shutterstock.
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

American Express To Become Sole Owner Of Swisscard As UBS Sells Its 50% Stake

UBS Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) has outperformed the market over the past 5 years by 8.85% on an annualized basis producing an average annual return of 23.15%. Currently, UBS Gr has a market capitalization of $104.45 billion. 
Buying $1000 In UBS: If an investor had bought $1000 of UBS stock 5 years ago, it would be worth $2,822.79 today based on a price of $32.58 for UBS at the time of writing.
<h3>UBS Gr's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729262156_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,800 Today

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As the financial services industry embraces digital transformation, fundamentally robust stocks CPI Card Group (PMTS), Regional Management (RM), and UBS Group (UBS) are positioned to capitalize on emerging trends and offer growth and stability. Keep reading... As the financial services industry continues its rapid evolution, technological advancements and growing trends such as digital credit-as-a-service, AI integration, and innovative loan offerings are reshaping the sector.
In an ever-evolving financial landscape, quality financial stocks CPI Card Group Inc. (<a href="https://stocknews.com/stock/PMTS/">PMTS</a>), Regional Management Corp. (<a href="https://stocknews.com/stock/RM/">RM</a>), and UBS Group AG (<a href="https://stocknews.com/stock/UBS/">UBS</a>) are well-positioned to deliver long-term value and resilience, making them attractive options for investors looking to navigate the complexities of today's market.
The financial services sector is experiencing growth driven by the adoption of EMV technology, the expansion of new business finance models, increased demand for risk management services, and the use of blockchain to combat fraud. Additionally, the rise of cryptocurrencies, growing wealth among high-net-worth individuals, increased digital banking usage, higher demand for alternative investments, and government support are expected to drive the market in the coming years.
The global financial services market, valued at <a href="https://www.researchandmarkets.com/reports/5720992/financial-services-market-opportunities-and">$30.90 trillion in 2023</a>, is projected to grow at a steady rate of 7.4%, reaching $44.10 trillion by 2028.
Given these favorable trends, let's take a closer look at the financial stocks:
CPI Card Group Inc. (<a href="https://stocknews.com/stock/PMTS/">PMTS</a>)
PMTS designs and produces financial payment cards, including EMV, contactless, and private label credit cards, along with integrated services like personalization and instant issuance. Its products cater to debit and credit card issuers, prepaid card program managers, community banks, and credit unions in the United States.
PMTS's revenue has grown at a CAGR of 7.8% over the past three years and its total assets have risen at a CAGR of 10.7% over the same time frame.
On October 16, PMTS announced its readiness to produce innovative contactless payment cards featuring Infineon's SECORA Pay Green technology. Manufacturing began in September, and the company is prepared to collaborate with issuers on pilot programs.
On October 1, PMTS announced the pricing of a <a href="https://www.investopedia.com/terms/s/secondaryoffering.asp">secondary offering</a> of 1,200,000 shares of its common stock by Parallel49 Equity-affiliated stockholders at $21 per share to the public. Underwriters have a 30-day option to purchase an additional 180,000 shares, with the offering expected to close by October 2, 2024, pending customary conditions.
During the fiscal third quarter that ended September 30, 2024, PMTS's total net sales increased 17.8% year-over-year to $124.75 million. Its income from operations grew 37.3% from the year-ago value to $17.80 million. In addition, the company's net income and EPS came in at $1.29 million and $0.11, respectively.
Analysts expect PMTS's EPS and revenue for the fourth quarter ending December 31, 2024, to increase 142.1% and 17.2% year-over-year to $0.53 and $120.54 million, respectively. It surpassed the Street revenue estimates in three of the trailing four quarters, which is promising.
Over the past year, the stock has gained 70.6% to close the last trading session at $32.57. It soared 69.7% year-to-date. It has a 24-month beta of 1.07.
PMTS's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
PMTS has a B grade in Growth, Stability, Sentiment, and Quality. It is ranked #1 out of 83 stocks in the <a href="https://stocknews.com/category/enterprise-financial-services/">Financial Services (Enterprise)</a> industry.
Beyond what we have stated above, we also have given PMTS grades for Value and Momentum. Get all the PMTS's ratings <a href="https://stocknews.com/stock/PMTS/">here</a>.
Regional Management Corp. (<a href="https://stocknews.com/stock/RM/">RM</a>)
RM is a consumer finance company offering installment loans, retail financing, and various insurance products to customers with limited access to traditional credit in the United States. Its loans are sourced through branches, direct mail campaigns, digital partners, and its consumer website.
RM's revenue has grown at a CAGR of 12% over the past three years and its total assets have risen at a CAGR of 11.5% over the same time frame.
On December 2, RM announced a $30 million stock repurchase program alongside growth expectations for 2025. CEO Robert W. Beck highlighted the company's strong performance, liquidity, and capital position as drivers for the program, which was aimed at capitalizing on the undervaluation of its common stock.
On November 27, RM completed its 11th asset-backed securitization, issuing $250 million in notes with a weighted-average coupon of 5.3%, secured by $284 million in receivables. The "AAA"-rated Class A notes mark a significant improvement over prior issuances, and proceeds were partially used to retire higher-cost RMIT 2022-2B notes.
In the fiscal third quarter ended September 30, 2024, RM's total revenue increased 3.9% year-over-year to $146.34 million. Its income before income taxes was $10.17 million. Moreover, its net income and EPS stood at $7.66 million and $0.76, respectively.
Street expects RM's revenue and EPS for the year ending December 31, 2024, to increase 6.6% and 144.3% year-over-year to $587.80 million and $4.06, respectively.
The stock climbed 29.6% year-to-date and has returned 31.6% over the past year to close the last trading session at $32.50. It has a 24-month beta of 1.18.
RM's POWR Ratings reflect strong prospects. The stock has an overall rating of A, translating to a Strong Buy in our proprietary rating system.
It has a B grade for Growth, Value, Stability, Momentum, and Quality. It is ranked #1 out of 47 stocks in the <a href="https://stocknews.com/category/consumer-finance/">Consumer Financial Services</a> industry.
To access RM's Sentiment ratings, click <a href="https://stocknews.com/stock/RM/">here</a>.
UBS Group AG (<a href="https://stocknews.com/stock/UBS/">UBS</a>)
UBS, headquartered in Zurich, Switzerland, provides financial services globally through divisions like Wealth Management, Asset Management, and Investment Banking. Its offerings include investment advice, corporate banking, lending, personal banking, and asset management solutions.
UBS's revenue has grown at a CAGR of 10.6% over the past three years and its total assets have risen at a CAGR of 14.3% over the same time frame.
On December 10, UBS announced the per-security amounts payable, referred to as the "Call Settlement Amounts," for seven UBS-issued exchange-traded notes (ETNs).
On December 6, UBS announced coupon payments for five ETRACS Exchange Traded Notes on NYSE Arca and expected payments for three ETRACS ETNs on NASDAQ.
UBS's total revenues increased 5.5% year-over-year to $12.33 billion in the fiscal third quarter that ended on September 30, 2024. Its operating income was $1.93 billion, compared to a loss of $184 million in the prior year quarter. While its net profit attributable to shareholders stood at $1.43 billion, compared to a loss of $715 million in the prior year quarter. Its EPS was $0.43, compared to a loss of $0.22 in the prior year quarter.
Street expects UBS's revenue for the fiscal year (ending December 31, 2024) to increase 15.8% year-over-year to $47.40 billion. Its EPS for the same quarter is expected to grow 101.1% from the prior year to $1.68. In addition, it surpassed the consensus revenue estimates in each of the trailing four quarters.
Shares of UBS have gained 2.8% over the past year to close the last trading session at $30.02. It has a 60-month beta of 1.
UBS's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Growth and Stability. Within the <a href="https://stocknews.com/category/foreign-banks/">Foreign Banks</a> industry, it is ranked #11 out of 90.
Click <a href="https://stocknews.com/stock/UBS/">here</a> to see UBS' ratings for Value, Momentum, Quality, and Stability.
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PMTS shares were unchanged in premarket trading Thursday. Year-to-date, PMTS has gained 69.72%, versus a 24.51% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/pmts-rm-ubs-3-financial-stocks-offering-stability-and-growth/>3 Financial Stocks Offering Stability and Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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