Swedbank Posted Good Set of Numbers -- Market Talk

Dow Jones
Oct 23, 2025

0953 GMT - Swedbank's results were better than expected and should lead to positive though small consensus earnings per share revisions, UBS's Johan Ekblom and Joshua Humphreys say in a research note. The Swedish lender's pretax profit and total revenue came in ahead of analysts' estimates. Its CET1 ratio--a key measure of capital strength--was 19.7% while consensus had penciled in 19.9%. "We believe that the slight miss on CET1 was largely driven by better than expected volume growth in the quarter," they write. The key questions going into 2026 are the pace of recovery for Swedish consumers and the sustainability of loan growth in its Baltic markets, they add. Shares, which opened higher, reversed course to trade 1.3% lower. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

October 23, 2025 05:53 ET (09:53 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10