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Swedbank AB (17RC)

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Friday 16 July, 2021

Swedbank AB

Swedbank's Interim Report for the second quarter

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.

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