REG - Swedbank AB - Swedbank’s Year-end report 2023

Swedbank ABAnnouncement

24/01/2024 08:15

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RNS Number : 6835A  Swedbank AB  24 January 2024

 

Press Release

 

January 24, 2024

 

Swedbank's Year-end report 2023

Swedbank´s President and CEO Jens Henriksson comments: "Swedbank stands
strong in  turbulent times".

·    Increased income during the year

·    Good cost control - C/I ratio 0.33

·    Solid credit quality in a weaker economy

·    Strong capitalisation and liquidity

·    Swedbank 15/25 - we are delivering on the strategic plan of a
sustainable return on equity of at least 15 per cent by 2025

·    Proposed dividend of SEK 15.15 per share

Contact:

Annie Ho (mailto:annie.ho@swedbank.com) , Head of Investor Relations, +46 70
343 7815
Hannes Mård (mailto:hannes.mard@swedbank.se) , Media Relations Manager, +46
73 057 41 95

This information constitutes inside information that Swedbank is obliged to
make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The
information was submitted for publication, through the agency of the contact
person set out above, January 24, 2024, at 07:00 CET.

Swedbank empowers the many people and businesses to create a better future.
Our vision is a financially sound and sustainable society. Swedbank Group is
the leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets Sweden, Estonia, Latvia and Lithuania.
Swedbank Group is also present in other Nordic countries, the U.S. and China.
Together we make your financial life easier. Find out more: www.swedbank.com
(http://www.swedbank.com)

 http://www.rns-pdf.londonstockexchange.com/rns/6835A_1-2024-1-23.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/6835A_1-2024-1-23.pdf)

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