2005-10-27 12:32
Interim report January – September 2005
The best quarter ever Third quarter 2005: • Operating profit doubled to SEK 5,225 M (2,583) • Profit for the quarter rose by 34 percent to SEK 4,221 M (3,161) • Net interest income amounted to SEK 3,951 M (3,979) • Net commission income rose by 29 percent to SEK 1,973 M (1,533) • Capital gain of SEK 1,421 M on the sale of KIAB • Expenses rose by 2 percent to SEK 3,452 M (3,399) • Hansabank’s operating profit rose by 42 percent to SEK 678 M (477) • New executive management and adjusted business areas • Swedbank was named Corporate Bank of the Year for third consecutive year. January – September 2005: • Operating profit rose by 56 percent to SEK 11,977 M (7,656) • Profit for the period rose by 33 percent to SEK 9,463 M (7,094) • The return on equity rose to 27.3 percent (22.8). Excluding capital gains, the return on equity rose to 21.3 percent (19.1) • Earnings per share rose to SEK 18.45 (13.48) • Hansabank’s operating profit rose by 32 percent to SEK 1,783 M (1,346). Read the full report below