Swedbank net profit beats forecast, raises dividend [Reuters]
SWEDBANK AB S/ADR (SWDBY)
NASDAQ:AMEX Investor Relations:
swedbank.com/investor-relations
Company Research
Source: Reuters
rise in fourth-quarter net profit on Wednesday and said credit quality had remained strong through the year as it hiked its annual dividend to shareholders. The bank said in a statement net profit rose to 8.32 billion Swedish crowns ($793.9 million) from a year-ago 6.79 billion to come in slightly above a mean forecast of 8.26 billion in an LSEG poll of analysts. Sweden's biggest mortgage lender proposed an annual dividend of 15.15 crowns per share, up from 9.75 crowns a year ago and just below the LSEG smart estimate of 15.24 crowns per share. Nordic banks saw results lifted by booming interest income as central banks cranked up rates in the past two years, but that wave now looks to have crested with monetary policy set to ease later this year, likely putting a damper on such revenues. The rival of SEB (SEBa.ST) , opens new tab , Handelsbanken (SEBa.ST) , opens new tab and Nordea (NDAFI.HE) , opens new tab said interest income, which includes revenues from mortgages, rose to
Show less
Read more
Impact Snapshot
Event Time:
SWDBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SWDBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SWDBY alerts
High impacting SWEDBANK AB S/ADR news events
Weekly update
A roundup of the hottest topics
SWDBY
News
- Swedbank Sees Net Interest Income Drop in Line With Peers [BNN Bloomberg (Canada)]BNN Bloomberg
- Swedbank's Q1 profit rises more than expected helped by lower credit losses [Reuters]Reuters
- Norway CPI Slows More Than Forecast, Backing September Cut [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Norway CPI Slows More Than Forecast, Backing September Cut [BNN Bloomberg (Canada)]BNN Bloomberg
- The second €200 million multi-apartment buildings modernization fund launches [Yahoo! Finance]Yahoo! Finance