Interim report for FöreningsSparbanken (Swedbank) January - March 2004

Interim report for FöreningsSparbanken (Swedbank) January - March 2004 May 4, 2004 Operating profit rose by 32 percent to SEK 2,623 M First quarter in summary: · Operating profit rose by 32 percent to SEK 2,623 M (1,983) · Profit for the period rose by 36 percent to SEK 1,742 M (1,285) · The return on equity rose to 16.9 percent (13.1) · Earnings per share rose by 36 percent to SEK 3.30 (2.43) · Total income rose by 9 percent to SEK 6,350 M (5,806) · Net interest income rose by 2 percent to SEK 4,104 M (4,033) · Net commission income rose by 24 percent to SEK 1,611 M (1,300) · Net profit on financial operations doubled to SEK 388 M (194) · Expenses rose by 8 percent to SEK 3,667 M (3,398). Excluding profit-based staff costs, the increase was 1 percent · Loan losses decreased by 58 percent to SEK 163 M (390) For further information, please contact: Jan Lidén, President and CEO, Acting CFO Phone + 46 8 5859 2227 Henrik Kolga, Head of Communications Phone + 46 8 5859 2779, + 46 708 11 13 15 Jonas Blomberg, Head of Investor Relations Phone + 46 8 5859 3322, + 46 702 650 133 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/05/04/20040504BIT00070/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/05/04/20040504BIT00070/wkr0002.pdf The full report