Press Release
February 1, 2021
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
http://www.rns-pdf.londonstockexchange.com/rns/5063N_1-2021-2-1.pdf
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.
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