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UBS AG Reports Strong Revenue Growth in Q3 2024

ETRACS Alerian MLP Index ETN Class B (AMUB) has released an update.

UBS AG has reported a substantial increase in total revenues for the third quarter of 2024, reaching $11,997 million, compared to $8,348 million in the same period last year. Despite the positive revenue growth, the company experienced a decrease in net profit attributable to shareholders, which fell to $996 million from $932 million over the same period. Investors may find UBS’s robust liquidity coverage ratio of 196.3% noteworthy, indicating strong financial stability.

For further insights into AMUB stock, check out TipRanks’ Stock Analysis page.

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