Interim Report January- September 2014

Third quarter 2014
Compared with second quarter 2014

  · Ÿ  The result for continuing operations amounted to SEK 4 562m (4 369)
  · Ÿ  Earnings per share for continuing operations amounted to SEK 4.14 (3.96)
before dilution and SEK 4.10 (3.94) after dilution
  · Ÿ  The return on equity for continuing operations was 16.6 per cent (16.6)
  · Ÿ  The cost/income ratio was 0.41 (0.47)
  · Ÿ  Net interest income amounted to SEK 5 829m (5 521)
  · Ÿ  Profit before impairments increased by 8 per cent to SEK 5 986m (5 536)
  · Ÿ  Swedbank reported credit impairments of SEK 235m (30)
  · Ÿ  The Common Equity Tier 1 ratio was 20.7 per cent (20.9 and 18.3 as of 31
December 2013)


January-September 2014
Compared with January-September 2013

  · Ÿ  The result for the period for continuing operations amounted to SEK
12 911m (11 581)
  · Ÿ  Earnings per share for continuing operations amounted to SEK 11.72
(10.55) before dilution and SEK 11.63 (10.48) after dilution 1)
  · Ÿ  The return on equity for continuing operations was 15.9 per cent (15.2)
  · Ÿ  The cost/income ratio was 0.44 (0.45)
  · Ÿ  Net interest income amounted to SEK 16 833m (16 403)
  · Ÿ  Profit before impairments increased by 10 per cent to SEK 16 616m
(15 122)
  · Ÿ  Swedbank’s credit impairments amounted to SEK 165m (92)

1) Including deduction of preference share dividend, earnings per share for Jan
-Sep 2013 were SEK 6.84 for total operations after dilution. The calculations
are specified on page 53.
For further information, please contact:
Gregori Karamouzis, Head of Investor Relations, phone: +46 72 740 63 38 or
ir@swedbank.com