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Swedbank AB (SWEDa.ST)

SWEDa.ST on Stockholm Stock Exchange

193.75SEK
18 May 2018
Change (% chg)

0.05kr (+0.03%)
Prev Close
193.70kr
Open
193.60kr
Day's High
194.75kr
Day's Low
193.30kr
Volume
2,643,935
Avg. Vol
3,450,028
52-wk High
226.30kr
52-wk Low
177.15kr

Latest Key Developments (Source: Significant Developments)

Swedbank divests shares in UC
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Swedbank AB ::UC AB OWNERS CONTRIBUTING TO BUILDING NEW NORDIC CREDIT SERVICES PLAYER.SWEDBANK SAYS LISTED FINNISH CREDIT INFORMATION COMPANY ASIAKASTIETO HAS COME TO AN AGREEMENT WITH ALL OWNERS OF UC AB TO ACQUIRE UC FOR A CONSIDERATION OF APPROXIMATELY SEK 3.5BN.SWEDBANK SAYS OWNS 20 PER CENT OF SHARES IN UC WHICH TODAY IS TREATED AS AN ASSOCIATE COMPANY, AND WILL RECEIVE 1,765,669 SHARES IN ASIAKASTIETO, EQUIVALENT TO 7.4 PER CENT OF COMPANY.SWEDBANK SAYS TO RECIEVE APPROXIMATELY SEK 200M IN CASH.  Full Article

Swedbank: Common Equity Tier 1 capital ratio effect of 0.06 pct pts from IFRS 9
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Swedbank Ab ::FINANCIAL EFFECTS DUE TO CHANGES IN ACCOUNTING STANDARDS.SWEDBANK SAYS ‍APPLICATION OF IFRS 9 HAS RESULTED IN A NEGATIVE EFFECT ON EQUITY OF SEK 2.1BN​.SWEDBANK SAYS ‍APPLICATION OF IFRS 9 HAS RESULTED IN A NEGATIVE EFFECT ON COMMON EQUITY TIER 1 CAPITAL RATIO OF 0.06 PERCENTAGE POINTS​.  Full Article

Swedbank CEO sees no sharp fall in Swedish residental market
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Swedbank AB CEO Birgitte Bonnesen in conference call::Says doesn't see risk for sharp fall in Swedish residential market.Says Swedish residential market will slow somewhat, but there is nothing to indicate there will be a sharp fall.Says I'm very confident in quality of our credit portfolio.  Full Article

Swedbank says issues additional Tier 1 capital
Friday, 9 Dec 2016 

Swedbank : Swedbank issues additional Tier 1 capital . Says $500 million issuance has a coupon of 6.00 percent and an issue price of 100 percent . Says issuance is in the form of debt instruments with mandatory conversion into ordinary shares if the regulatory capital of the bank decreases to a certain level .Says loan is perpetual with a call option after 5 years.  Full Article

Northern Horizon's fund signed services agreement with Swedbank and Orion securities
Thursday, 11 Aug 2016 

Northern Horizon Capital AS : Baltic horizon unit signed services agreement with Swedbank AS and Orion Securities .Says Swedbank and Orion securities to provide liquidity on both bid and ask sides for unit on Nasdaq Tallinn stock exchange.  Full Article

Swedbank Q2 net profit beats forecast
Thursday, 21 Jul 2016 

: Swedbank Q2 net profit 6.3 billion sek versus mean forecast 5.5 billion in reuters poll . Swedbank Q2 net interest income 5.7 billion sek versus mean forecast for 5.7 billion in reuters poll . Swedbank Q2 loan losses 538 million sek versus mean forecast for 350 million in reuters poll . Swedbank Q2 net commission income 2.8 billion sek versus mean forecast 2.7 billion in reuters poll . Swedbank says the Swedish and Baltic economies stand strong after Brexit but will still be affected if global business activity is dampened due to uncertainty. Further company coverage: [SWEDEa.ST] (Reporting By Johan Ahlander) ((johan.ahlander@thomsonreuters.com;)).  Full Article

UPDATE 1-Swedbank Q1 profit tops forecast as Swedish housing market steadies

STOCKHOLM, April 24 Swedish banking group Swedbank reported first-quarter operating profit above market expectations on Tuesday, boosted by higher income and lower loan losses, and said it saw signs that the Swedish housing market was stabilising.