National Storage Mechanism | Additional information
RNS Number : 3089E
Swedbank AB
27 October 2022
 

 

Press Release

 

October 27, 2022

 

Swedbank's Interim report for the third quarter 2022

 

Swedbank´s President and CEO Jens Henriksson comments: "In this turbulent time Swedbank stands strong".

 

Third quarter 2022 compared with second quarter 2022

 

·    Strong net interest income with higher net interest margin and volume growth

·    Slightly increasing net commission income with higher card income and stable asset management income

·    Higher credit impairments due to weaker macroeconomic outlook

·    Impairment of goodwill in Norway and software

·    First Nordic bank with a new sustainable funding framework including social assets

 

 

 

http://www.rns-pdf.londonstockexchange.com/rns/3089E_1-2022-10-27.pdf 

 

 

 

Contact:

Annie Ho                                                                        Unni Jerndal

Head of Investor Relations                                            Senior Advisor

annie.ho@swedbank.com                                             unni.jerndal@swedbank.com

+46 70 343 7815                                                            +46 73 092 1180

 

 

 

This disclosure contains information that Swedbank is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on October 27, 2022, at 07:00 CET.

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