Swedbank Stock News

Today, 23 July 2024, Swedbank AB completed the 100% acquisition of Paywerk AS. As part of the transaction, Inbank AS subsidiary, Inbank Ventures OÜ, sold its entire 21% stake in Paywerk AS to Swedbank AB. By agreement of the parties, the value of the transaction will not be disclosed.

Swedbank AB (publ) (OTCPK:SWDBF) Q2 2024 Results Conference Call July 16, 2024 3:45 AM ET Company Participants Annie Ho - Investor Relations Jens Henriksson - President and CEO Anders Karlsson - CFO Rolf Marquardt - Chief Risk Officer Conference Call Participants Andreas Hakansson - SEB Magnus Andersson - ABG Gulnara Saitkulova - Morgan Stanley Sofie Peterzens - JPMorgan Namita Samtani - Barcla...

Swedish banking group Swedbank reported a second-quarter net profit that exceeded expectations on Tuesday on strong trading income and lower loan losses, and the bank's head noted that "loan volumes remained muted" in uncertain times.

Enefit Green has signed an amendment to its loan agreement with Swedbank, originally taken out on 28 December 2022 for 50 million euros. According to the revised terms, the loan amount will increase to 100 million euros. Additionally, the loan maturity has been extended to December 2028.

Press ReleaseAktia Bank Plc23 May 2024 2 p.m. Aktia and Swedbank have entered a strategic partnership that establishes a long-term co-operation with the aim to better serve both banks' corporate customers.

Swedbank AB (publ) (OTCPK:SWDBF) Q1 2024 Earnings Conference Call April 25, 2024 3:00 AM ET Company Participants Annie Ho - Investor Relations Jens Henriksson - President and CEO Anders Karlsson - CFO Rolf Marquardt - Chief Risk Officer Conference Call Participants Magnus Andersson - ABG Rickard Strand - Nordea Gulnara Saitkulova - Morgan Stanley Andreas Hakansson - SEB Markus Sandgren - Kepler...

Swedbank's earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with regulators over money laundering.

Swedish banking group Swedbank reported a first-quarter net profit above expectations on Thursday and said the economy had proved surprisingly resilient in the quarter.