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Swedbank AB (Swedbank AB) Ending Cash Position : $33,313 Mil (As of Mar. 2024)


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What is Swedbank AB Ending Cash Position?

Swedbank AB's Ending Cash Position for the quarter that ended in Mar. 2024 was $33,313 Mil.

Swedbank AB's quarterly Ending Cash Position declined from Sep. 2023 ($25,981 Mil) to Dec. 2023 ($24,664 Mil) but then increased from Dec. 2023 ($24,664 Mil) to Mar. 2024 ($33,313 Mil).

Swedbank AB's annual Ending Cash Position declined from Dec. 2021 ($39,623 Mil) to Dec. 2022 ($35,266 Mil) and declined from Dec. 2022 ($35,266 Mil) to Dec. 2023 ($24,664 Mil).


Swedbank AB Ending Cash Position Historical Data

The historical data trend for Swedbank AB's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Swedbank AB Ending Cash Position Chart

Swedbank AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,703.75 35,131.83 39,622.54 35,266.14 24,664.05

Swedbank AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,491.47 33,281.98 25,981.16 24,664.05 33,313.32

Swedbank AB Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Swedbank AB's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=35680.081+-11016.027
=24,664

Swedbank AB's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=24299.943+9013.38
=33,313


Swedbank AB Ending Cash Position Related Terms

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Swedbank AB (Swedbank AB) Business Description

Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

Swedbank AB (Swedbank AB) Headlines

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