Corrected: UPDATE 1-Swedbank's Q2 net profit eases as costs rise
17/07/2026 06:10
CORRECTED-UPDATE 1-Swedbank's Q2 net profit eases as costs rise Corrects year-earlier comparison in paragraph 2
STOCKHOLM, July 17 (Reuters) - Swedish lender Swedbank SWEDa.ST reported on Friday a drop in net profit that was slightly smaller than expected and said volume growth was strong in all home markets but costs increased.
Net profit at the country's biggest mortgage lender was 7.20 billion crowns ($744.9 million) against a year-earlier 7.89 billion and a mean forecast of 7.15 billion in an LSEG poll of analysts.
(Reporting by Anna Ringstrom; Editing by Essi Lehto)