Swedbank 7/16/2024 Earnings Report

Swedbank EPS Results

• Actual EPS: SEK 0.71
• Consensus EPS: SEK 0.67
• Beat/Miss: Beat by +SEK 0.04
• One Year Ago EPS: N/A

Swedbank Revenue Results

• Actual Revenue: $1.71 billion
• Expected Revenue: $1.68 billion
• Beat/Miss: Beat by +$25.22 million
• YoY Revenue Growth: N/A

Swedbank Announcement Details

• Date: 7/16/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Swedbank (OTCMKTS:SWDBY) is a leading Nordic–Baltic banking group that provides a broad spectrum of financial services to retail, corporate and institutional clients. Its core offerings include deposit accounts, consumer and commercial lending, payment solutions, asset management and insurance products. The bank also delivers digital banking platforms and payment card services, aiming to support both everyday banking needs and complex corporate financing requirements.

With roots dating back to the establishment of local savings banks in Sweden in 1820, Swedbank has evolved through mergers and structural reforms into its current form, adopted in 1997. Over the decades, the group has expanded its footprint beyond Sweden, growing into one of the largest financial institutions in the Baltic region. The bank combines a long heritage of retail savings with modern banking technology to serve a diverse customer base.

Today, Swedbank operates primarily in Sweden and the three Baltic states—Estonia, Latvia and Lithuania—offering both domestic and cross-border banking solutions. The group supports private individuals, small and medium-size enterprises and large corporates, emphasizing digital innovation and sustainability in its product development. Jens Henriksson has served as President and Chief Executive Officer since June 2019, overseeing the bank’s strategy to strengthen its market position, advance digital offerings and pursue responsible banking practices across its markets.