Swedbank (SWDBY.PK) Wednesday reported profit before tax of SEK 33.513 billion for the 9-month period, 3 percent higher than SEK 32.542 billion in the comparable period last year.
Net profit increased to SEK 26.401 billion or SEK 23.37 per share from SEK 25.808 billion or SEK 22.90 per share last year.
Net interest income declined 2 percent to SEK 36.993 billion from SEK 37.605 billion in the prior year.
Net commission income as well as other income grew 10 percent each to SEK 12.430 billion, and SEK 3.283 billion respectively. Gains on financial items also increased 32 percent to SEK 2.763 billion.
Total income was SEK 55.470 billion, up from SEK 54.028 billion a year ago.
Credit impairments significantly decreased to SEK 126 million from SEK 1.311 billion last year.
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