Swedbank's Year-end report 2019
Fourth quarter 2019 compared with third quarter 2019
- Lower net interest income weighed down by lower lending margins
- Higher asset management valuations and corporate finance activity strengthened net commission income
- Higher net gains and losses on financial items due to favourable market development
- Increased expenses affected by investigations as well as higher IT and staff costs
- Higher credit impairments due to additional provisions for previously known oil-related problem loans
- Strong capitalisation
- Proposed dividend per share of SEK 8.80 (14.20) for 2019
[image] 1) Other income includes the items Net insurance, Share of profit or loss of associates, and Other income from the Group income statement.
For more information, contact:
Gregori Karamouzis, Head of Investor Relations, tel + 46 72 740 6338
Unni Jerndal, Press Officer, tel +46 73 092 1180
This announcement involves the disclosure of inside information
Swedbank AB (publ) is required to disclose this information pursuant to Regulation (EU) No 596/2014 on market abuse, the Swedish Securities Markets Act (2007:528), the Swedish Financial Instruments Trading Act (1991:980) and the regulatory framework of Nasdaq Stockholm. This information was sent to be published on 28 January, 2020 at 07:00 CET.