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Swedbank AB (SWDBY)
OTHER OTC:SWDBY
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.64Last Year’s EPS
0.68Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 23, 2025
|% Change Since: 21.20%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
Swedbank's 2024 performance showed resilience with a modest profit increase, strong return on equity, and solid credit quality. However, challenges such as a decline in net interest income and mortgage volumes in Sweden, as well as new bank taxes in Latvia, present significant concerns. The sentiment of the call is balanced, reflecting achievements in sustainable asset growth and a strong dividend proposal, offset by operational challenges and external tax pressures.Company Guidance
During the Swedbank Q4 2024 conference call, the company provided guidance highlighting several financial metrics. Swedbank reported a 2% increase in profit for the full year 2024 compared to the previous year, with a fourth-quarter profit of SEK8.5 billion. The net interest income remained stable, while net commission income increased during the year. The cost-to-income ratio was 0.34 for the full year and 0.36 for the quarter. The return on equity was 17.1% for the full year and 15.8% for the quarter. Swedbank's Board of Directors revised the dividend policy to 60-70% of profit, proposing a 2024 dividend of SEK21.70 per share. Credit impairment provision recoveries were recorded, reflecting solid credit quality. The CET1 capital ratio stood at 19.8%, with a capital buffer of 460 basis points above requirements. Swedbank anticipates further rate cuts by central banks in 2025 and expects its home markets to be fast-growing in Europe, supported by strong public finances and lower interest rates. The bank remains focused on efficiency and profitability, with a cost guidance of SEK26.5 billion for 2025, including SEK1 billion for temporary investments.Profit Increase
The profit for the full year 2024 increased by 2% compared to the previous year, with a strong fourth-quarter result of SEK8.5 billion.
Return on Equity
For the full year 2024, Swedbank delivered a return on equity of 17.1%, and for the fourth quarter, a return of 15.8%.
Credit Quality
Swedbank's credit quality remains solid with credit impairment provision recoveries in the fourth quarter as well as for the full year.
Dividend Proposal
The Board of Directors intends to propose a dividend for 2024 of SEK21.70 per share, corresponding to 70% of the profit.
Sustainable Asset Growth
Swedbank's sustainable asset register exceeded SEK120 billion at the end of 2024, after increasing by more than 70% during the year.
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SWDBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SWDBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 23, 2025 | $21.51 | $22.38 | +4.04% |
| Oct 23, 2024 | $19.70 | $20.55 | +4.31% |
| Jul 16, 2024 | $20.47 | $20.13 | -1.66% |
| Apr 25, 2024 | $19.10 | $19.24 | +0.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Swedbank AB (SWDBY) report earnings?
Swedbank AB (SWDBY) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Swedbank AB (SWDBY) earnings time?
Swedbank AB (SWDBY) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SWDBY EPS forecast?
SWDBY EPS forecast for the fiscal quarter 2025 (Q1) is 0.64.
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