Third quarter 2017 compared with second quarter 2017

• Stable profit in a quarter with seasonally lower activity
• Increased lending volumes in our home markets supported net interest income
• The consolidation of PayEx positively affected net commission income
• Higher volumes of covered bond repurchases weighed on net gains and losses on financial items
• Seasonally lower costs
• Good credit quality
• Strong capitalisation

1) One-off income from sale of Hemnet of SEK 680m during first quarter 2017.
2) One-off income from VISA, SEK 2 115m during first half year 2016 of which Net gains and losses on financial items at fair value SEK 457m and Other income SEK 1 658m.
3) Other income in the table above includes the items Net insurance, Share of profit or loss of associates, and Other income from the Group income statement.

For more information, contact:
Gregori Karamouzis, Head of Investor Relations, Telephone +46 72 740 63 38
Josefine Uppling, Press Officer, Telephone +46 76 114 54 21

This announcement involves the disclosure of inside information
Swedbank AB (publ) is required to disclose this information pursuant to Regulation (EU) No 596/2014 on market abuse, the Swedish Securities Markets Act (2007:528), the Swedish Financial Instruments Trading Act (1991:980) and the regulatory framework of Nasdaq Stockholm. This information was sent to be published on 24 October, 2017 at 07.00 CET.