Granted, it was more an accounting quirk rather than hard money entering its coffers, but UBS’s $28.88 billion profit in the second quarter was one for the record books.
It was reportedly the largest that any bank has ever reported.
Also read: UBS reports $29 billion profit as it rules out domestic bank spinoff
According to data compiled by FactSet, the UBS
profit was the second highest of any New York Stock Exchange or Nasdaq-listed company for the most recent quarter, trailing only Berkshire Hathaway’s
$35.91 billion, and topping Microsoft’s
$20.1 billion profit.
Here’s how other companies fared this period.
|Symbol||Name||Net Inc Before Extra & Disc Op, in millions of dollars|
|BRK.B||Berkshire Hathaway Inc. Class B||35,912.0|
|UBS||UBS Group AG||28,875.0|
|GOOG||Alphabet Inc. Class C||18,368.0|
|JPM||JPMorgan Chase & Co.||14,384.0|
|TM||Toyota Motor Corp. Sponsored ADR||9,534.9|
|XOM||Exxon Mobil Corporation||7,880.0|
|META||Meta Platforms Inc. Class A||7,788.0|
|BAC||Bank of America Corp||7,408.0|
|CHL||China Mobile Limited Sponsored ADR||6,852.6|
|HSBC||HSBC Holdings PLC Sponsored ADR||6,639.0|
|TSM||Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR||5,918.5|
|PBR||Petroleo Brasileiro SA Sponsored ADR||5,813.7|
|UNH||UnitedHealth Group Incorporated||5,474.0|
|JNJ||Johnson & Johnson||5,144.0|
|WFC||Wells Fargo & Company||4,938.0|
|BABA||Alibaba Group Holding Limited Sponsored ADR||4,890.5|
|HD||Home Depot, Inc.||4,659.0|
|VZ||Verizon Communications Inc.||4,648.0|
|CMCSA||Comcast Corporation Class A||4,248.0|