Interim report for FöreningsSparbanken (Swedbank)
January - March 2003
April 29, 2003
Operating profit rose to SEK 1,983 M
First quarter 2003 in summary:
· Operating profit rose to SEK 1,983 M (1,952)
· The return on equity was 13.1 percent (13.0)
· Earnings per share amounted to SEK 2.43 (2.34)
· Net interest income rose to SEK 4,033 M (3,825)
· Net commission income amounted to SEK 1,300 M (1,477)
· Net profit on financial operations amounted to SEK 194 M (243)
· Expenses decreased to SEK 3,398 M (3,463)
· Loan losses decreased to SEK 390 M (435)
Audit report
This interim report has not been reviewed by the Bank's auditors.
Stockholm, April 29, 2003
FöreningsSparbanken AB (publ)
Birgitta Johansson-Hedberg
President and Chief Executive Officer
For further information, please contact:
Nils-Fredrik Nyblæus, Deputy President, Accounting and Finance
phone + 46 8 5859 2532
Jonas Blomberg, Head of Investor Relations
phone + 46 8 5859 3322, + 46 702 650 133
Financial information 2003
The Group's financial reports can be obtained or ordered on
FöreningsSparbanken's home page at http://www. foreningssparbanken.se/ir
or at the nearest branch of FöreningsSparbanken.
FöreningsSparbanken will publish interim reports on the following dates:
- Interim report January - June 2003 on August 22, 2003
- Interim report January - September 2003 on October 24, 2003
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