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Swedbank Q4 Profit Rises

Swedbank (SWDBY.PK) reported fourth quarter profit of 8.46 billion Swedish kronor, up 2% from a year ago. Earnings per share was 7.50 kronor compared to 7.38 kronor. Fourth quarter total income was 18.63 billion Swedish kronor, a decline of 2% from previous year. Net interest income was 12.27 billion Swedish kronor, down 8%.

Full year profit was 34.9 billion kronor, an increase of 2% from last year. Earnings per share was 30.86 kronor compared to 30.27 kronor.

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by RTTNews Staff Writer

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