October 24, 2017 / 5:14 AM / a month ago

Swedbank Q3 net profit tops forecast

STOCKHOLM, Oct 24 (Reuters) - Swedish bank Swedbank reported on Tuesday a slightly higher than expected net profit in the third quarter as increased lending volumes in the bank’s home markets supported income.

Net profit fell to 4.74 billion Swedish crowns ($580 million), above a mean forecast for 4.61 billion in a Reuters poll of analysts and compared with 4.82 billion in the year-ago period. ($1 = 8.1946 Swedish crowns) (Reporting by Johan Ahlander; editing by Niklas Pollard)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below