|Bid||142.05 x 0|
|Ask||142.05 x 0|
|Day's range||140.70 - 142.45|
|52-week range||124.50 - 196.70|
|Beta (5Y monthly)||0.74|
|PE ratio (TTM)||7.78|
|Forward dividend & yield||9.25 (6.60%)|
|Ex-dividend date||31 Mar 2022|
|1y target est||185.10|
STOCKHOLM (Reuters) -Swedish lender Swedbank reported a smaller-than-expected net profit for the second quarter on Tuesday, as higher costs and lower trading gains took some of the shine off rising income from mortgages on the back of higher interest rates. Swedbank, Sweden's biggest mortgage lender, said net profit for April-June came in at 4.71 billion Swedish crowns ($452.8 million) versus 4.62 billion in the preceding quarter and 5.56 billion a year ago.
Swedish banking group Swedbank on Thursday reported slightly better-than-expected net profit for the quarter but said a potential interruption of Russian gas deliveries to Europe would have an impact on the economic development. Swedbank's first-quarter net profit fell to 4.62 billion Swedish crowns ($468 mln) from 4.98 billion a year-ago, still narrowly beating the 4.58 billion analysts had expected according to Refinitiv data. Russia's invasion of Ukraine has had little direct impact on Sweden so far but the threat of a stop in gas deliveries has rattled European economies.
STOCKHOLM(Reuters) -Swedish lender Swedbank reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and sending its shares down more than 4%. After tracking a robust recovery from the first waves of the COVID-19 pandemic through much of 2021, Nordic economies hit a bump in the road at the back end of the year because of the Omicron coronavirus variant and related restrictions. "It was a quarter with a stable underlying business," Swedbank CEO Jens Henriksson told reporters.