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Swedbank AB (Swedbank AB) Net Interest Income (for Banks) : $4,668 Mil (As of Mar. 2024)


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What is Swedbank AB Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Swedbank AB's net interest income for the three months ended in Mar. 2024 was $1,110 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $4,668 Mil.

Swedbank AB's quarterly net interest income increased from Sep. 2023 ($1,156 Mil) to Dec. 2023 ($1,233 Mil) but then declined from Dec. 2023 ($1,233 Mil) to Mar. 2024 ($1,110 Mil).

Swedbank AB's annual net interest income increased from Dec. 2021 ($3,008 Mil) to Dec. 2022 ($3,300 Mil) and increased from Dec. 2022 ($3,300 Mil) to Dec. 2023 ($4,860 Mil).


Swedbank AB Net Interest Income (for Banks) Historical Data

The historical data trend for Swedbank AB's Net Interest Income (for Banks) 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 Net Interest Income (for Banks) Chart

Swedbank AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,805.54 3,219.50 3,008.38 3,299.87 4,860.30

Swedbank AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) 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 1,127.69 1,168.44 1,156.00 1,232.84 1,110.24

Swedbank AB Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,668 Mil.

* 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.


Swedbank AB (Swedbank AB) Business Description

Industry
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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