Net interest income (Tables)

6 Months Ended

Jun. 30, 2024

Disclosure Net Interest Income [Line Items]

Net interest income

For the quarter ended

Year-to-date

USD m

30.6.24

31.3.24

30.6.23

30.6.24

30.6.23

Interest income from loans and deposits

1

6,070

5,438

4,804

11,508

8,949

Interest income from securities financing transactions measured at amortized cost

2

1,008

988

833

1,996

1,599

Interest income from other financial instruments measured at amortized cost

320

323

276

643

535

Interest income from debt instruments measured at fair value through other comprehensive income

26

27

26

54

48

Interest income from derivative instruments designated as cash flow hedges 

(532)

(537)

(457)

(1,069)

(833)

Total interest income from financial instruments measured at amortized cost and fair value through other comprehensive

income

6,892

6,240

5,483

13,132

10,298

Interest expense on loans and deposits

3

5,453

4,836

3,452

10,289

6,361

Interest expense on securities financing transactions measured at amortized cost

4

499

407

474

906

839

Interest expense on debt issued

1,099

787

656

1,886

1,211

Interest expense on lease liabilities

29

22

25

51

50

Total interest expense from financial instruments measured at amortized cost

7,080

6,052

4,607

13,132

8,461

Total net interest income from financial instruments measured at amortized cost and fair value through other comprehensive

income

(188)

188

876

(1)

1,837

Net interest income from financial instruments measured at fair value through profit or loss and other

910

618

430

1,528

856

Total net interest income

722

806

1,305

1,528

2,694

1 Consists of interest income from cash and balances at central banks, amounts due from banks, and cash collateral receivable s on derivative instruments, as well as negative interest on amounts due to banks,

customer deposits, and cash collateral payables on derivative instruments. 2 Includes interest income on receivables from securities financing transactions and negative interest, including fees, on payables from

securities financing transactions. 3 Consists of interest expense on amounts due to banks, cash collateral payables on derivative instruments, customer deposits, and funding from UBS Group AG, as well as negative

interest on cash and balances at central banks, amounts due from banks, and cash collateral receivables on derivative instruments. 4 Includes interest expense on payables from securities financing transactions and

negative interest, including fees, on receivables from securities financing transactions.