Regulatory News:
First quarter 2012
Compared with the fourth quarter 2011
· The result for the quarter amounted to SEK 3 425m (965)
· Earnings per share before dilution amounted to SEK 2.21* (0.88) and earnings per share after dilution amounted to SEK 2.20* (0.88)
· The return on equity was 14.0 per cent (3.9) · The cost/income ratio was 0.48 (0.57)
· Net interest income increased by 5 per cent to SEK 5 208m (4 967)
· Profit before impairments increased by 29 per cent to SEK 4 768m (3 709)
· Swedbank reported net credit impairments of SEK 172m (net recoveries of 174)
· The core Tier 1 capital ratio was 15.9 per cent according to Basel 2 (15.7 per cent on 31 December 2011). The core Tier 1 capital ratio according to Basel 3 was 14.9** per cent (14.7 per cent on 31 December 2011).
First quarter 2012
Compared with the first quarter 2011
· The result for the period amounted to SEK 3 425m (3 852)
· Earnings per share before dilution amounted to SEK 2.21* (2.47) and earnings per share after dilution amounted to SEK 2.20* (2.47)
· The return on equity was 14.0 per cent (16.1) · The cost/income ratio was 0.48 (0.53)
· Net interest income increased by 16 per cent to SEK 5 208m (4 501)
· Profit before impairments increased by 17 per cent to SEK 4 768m (4 068) · Swedbank reported net credit impairments of SEK 172m (net recoveries of 972)
* The calculation of earnings per share is specified on page 40.
** Swedbank's estimate based on current knowledge of future regulation.
Read the full report on www.swedbank.com/ir or in the pdf document attached.
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Contacts:
Swedbank
Johannes Rudbeck
Head of Investor Relations
Telephone
+46 8 585 933 22 +46 70 582 56 56
