Swedbank: Interim Report January- September 2014

Regulatory News:

21 October 2014

Third quarter 2014
Compared with second quarter 2014

• The result for continuing operations amounted to SEK 4 562m (4 369)
• Earnings per share for continuing operations amounted to SEK 4.14 (3.96) before dilution and SEK 4.10 (3.94) after dilution
• The return on equity for continuing operations was 16.6 per cent (16.6)
• The cost/income ratio was 0.41 (0.47)
• Net interest income amounted to SEK 5 829m (5 521)
• Profit before impairments increased by 8 per cent to SEK 5 986m (5 536)
• Swedbank reported credit impairments of SEK 235m (30)
• The Common Equity Tier 1 ratio was 20.7 per cent (20.9 and 18.3 as of 31 December 2013)

January-September 2014
Compared with January-September 2013

• The result for the period for continuing operations amounted to SEK 12 911m (11 581)
• Earnings per share for continuing operations amounted to SEK 11.72 (10.55) before dilution and SEK 11.63 (10.48) after dilution 1)
• The return on equity for continuing operations was 15.9 per cent (15.2)
• The cost/income ratio was 0.44 (0.45)
• Net interest income amounted to SEK 16 833m (16 403)
• Profit before impairments increased by 10 per cent to SEK 16 616m (15 122)
• Swedbank’s credit impairments amounted to SEK 165m (92)

1) Including deduction of preference share dividend, earnings per share for Jan-Sep 2013 were SEK 6.84 for total operations after dilution. The calculations are specified on page 53.

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