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UBS Group AG (UBS Group AG) Allowance For Loans And Lease Losses : $-1,759 Mil (As of Dec. 2023)


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What is UBS Group AG Allowance For Loans And Lease Losses?

UBS Group AG's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-1,759 Mil.

UBS Group AG's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-1,435 Mil) to Sep. 2023 ($-1,356 Mil) but then declined from Sep. 2023 ($-1,356 Mil) to Dec. 2023 ($-1,759 Mil).

UBS Group AG's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-944 Mil) to Dec. 2022 ($-848 Mil) but then declined from Dec. 2022 ($-848 Mil) to Dec. 2023 ($-1,759 Mil).

UBS Group AG Allowance For Loans And Lease Losses Historical Data

The historical data trend for UBS Group AG's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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UBS Group AG Allowance For Loans And Lease Losses Chart

UBS Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -879.00 -1,184.00 -944.00 -848.00 -1,759.00

UBS Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -848.00 -864.00 -1,435.00 -1,356.00 -1,759.00

UBS Group AG Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

UBS Group AG Allowance For Loans And Lease Losses Related Terms

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UBS Group AG (UBS Group AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UBS Group AG (NYSE:UBS) » Definitions » Allowance For Loans And Lease Losses
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Traded in Other Exchanges
UBS N:Mexico UBSGz:UK 0R3T:UK UBSG:Switzerland UBSG34:Brazil
Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
Website
https://www.ubs.com
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.