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.
According to data compiled by FactSet, the UBS UBS, +0.60% 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 BRK.B, +0.77% $35.91 billion, and topping Microsoft’s MSFT, +0.12% $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|