Swedbank’s Year-end report 2020
Swedbank’s President and CEO Jens Henriksson comments: “A stable quarter in difficult times”.
Fourth quarter 2020 compared with third quarter 2020
- Stable underlying net interest income
- Improved asset management result positively affected net commission income
- Expenses for the full year according to plan
- Low credit impairments and strong capitalisation
- Dividend of SEK 4.35 per share proposed for 2019 and SEK 2.90 per share for 2020
1) Other income includes the items Net insurance, Share of profit or loss of associates and joint ventures and Other income from the Group income statement.
For further information:
Annie Ho, Head of Investor Relations, +46 70 343 78 15
Unni Jerndal, Head of Press Office, +46 73 092 11 80
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 February 1, 2021 at 07:00 CET.
Swedbank encourage a sound and sustainable financial situation for the many households and businesses. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 159 branches in Sweden and 82 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. Read more at www.swedbank.com
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