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)
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