REG - Swedbank AB - Swedbank’s Interim Report for the second quarter

Swedbank ABAnnouncement

16/07/2021 08:10

RNS Number : 4510F
  
Swedbank AB
  
16 July 2021
  
 

 
Press Release
 
July 16, 2021
 
Swedbank's Interim Report for the second quarter 2021
 
Swedbank's President and CEO Jens Henriksson comments: "Growth, better profitability and a clear business focus characterised the quarter." 
 
Second quarter 2021 compared with first quarter 2021
 
·    Return on equity increased to 14.2 per cent
·    High growth in mortgage volumes
·    Net commission income reaches record level
·    Expenses according to plan
·    Small net recoveries on credit impairments 
·    Solid capital and liquidity buffers
 
 
 
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.
 
 
 
 
Contact information:
Annie Ho, Head of Investor Relations, +46 70 343 78 15

Unni Jerndal, Head of Group Press Office, +46 73 092 11 80
 
http://www.rns-pdf.londonstockexchange.com/rns/4510F_1-2021-7-16.pdf
 
 
 
 
 
 
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 July 16, 2021 at 07:00 CET.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
IR EALXKFALFEEA