We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Swedbank A B (PK) | USOTC:SWDBY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.18 | 0.89% | 20.39 | 19.93 | 20.60 | 20.42 | 20.225 | 20.225 | 13,006 | 21:14:52 |
From May 2021 to May 2024
By Sabela Ojea
Swedbank AB on Thursday reported a decline in pretax profit for the first quarter of the year, but said that it benefited from higher corporate lending and an increase in net interest income.
The Swedish lender posted a pretax profit of 5.75 billion kronor in the period ($584.3 million) compared with SEK6.18 billion a year ago.
Net profit fell to SEK4.62 billion from SEK4.98 billion, it said.
The bank's total income fell to SEK11.46 billion from SEK11.63 billion. Net interest income rose to SEK6.76 billion from SEK6.63 billion.
Total expenses increased to SEK5.09 billion from SEK4.97 billion, the bank said, adding that its credit impairment for the period was SEK158 million.
Swedbank ended the quarter with a common equity Tier 1 ratio--a key measure of balance-sheet strength--of 18.3%, unchanged from the previous quarter.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
April 28, 2022 01:45 ET (05:45 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Swedbank A B (PK) Chart |
1 Month Swedbank A B (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
