UBS Group AG reported consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported operating income of CHF 7,122 million compared to CHF 7,055 million a year ago. Net interest income was CHF 1,672 million compared to CHF 1,762 million a year ago. Operating profit before tax was CHF 997 million compared to CHF 746 million a year ago. Net loss was CHF 2,198 million compared to net profit of CHF 637 million a year ago. Net loss attributable to company shareholders was CHF 2,224 million or CHF 0.60 per diluted share compared to net profit attributable to company shareholders of CHF 636 million or CHF 0.17 per diluted share a year ago. Negative return on tangible equity was 19.2% compared to return on tangible equity of 5.6% a year ago. Negative return on equity was 17.0% compared to return on equity of 4.8% a year ago. Adjusted operating income was CHF 6,940 million compared to CHF 6,940 million a year ago. Adjusted operating profit before tax was CHF 1,221 million compared to CHF 1,003 million a year ago. For the year, the company reported operating income of CHF 29,067 million compared to CHF 28,320 million a year ago. Net interest income was CHF 6,528 million compared to CHF 6,413 million a year ago. Operating profit before tax was CHF 5,409 million compared to CHF 4,090 million a year ago. Net profit was CHF 1,241 million compared to CHF 3,286 million a year ago. Net profit attributable to company shareholders was CHF 1,165 million or CHF 0.30 per diluted share compared to CHF 3,204 million or CHF 0.84 per diluted share a year ago. Return on tangible equity was 2.7% compared to 6.9% a year ago. Return on equity was 2.2% compared to 5.9% a year ago. Total book value per share was CHF 13.79 compared to CHF 14.44 a year ago. Tangible book value per share was CHF 12.07 compared to CHF 12.68 a year ago. Adjusted operating income was CHF 28,800 million compared to CHF 28,113 million a year ago. Adjusted operating profit before tax was CHF 6,335 million compared to CHF 5,341 million a year ago.