Swedbank's Interim report for the first quarter 2023

27 Apr 2023 07:00 CEST

Swedbank´s President and CEO Jens Henriksson comments: "Swedbank stands strong
with good credit quality, strong liquidity and solid capitalisation".

· Stronger result - all income lines increased
· Net interest income increased - deposit margins rose while mortgage margins
fell
· Good credit quality in a turbulent quarter
· Strong liquidity - large reserves with central banks
· Solid capitalisation - dividend of SEK 9.75 per share approved
· Index and goal for financial health - Swedbank is investing in financial
literacy and comfort by offering practical advice

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Contact:

Annie Ho (annie.ho@swedbank.se), Head of Investor Relations, tel: +46 70 343 78
15

Unni Jerndal (unni.jerndal@swedbank.com), Senior Advisor, tel. +46 73 092 11 80

This disclosure contains information that Swedbank is obliged to make public
pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish
Securities Markets Act (2007:528). The information was submitted for
publication, through the agency of the contact person, on April 27, 2023, at
07:00 CEST.

Swedbank empowers the many people and businesses to create a better future. Our
vision is a financially sound and sustainable society. Swedbank is the leading
bank with over 7 million retail customers and 550 000 corporate customers in our
four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank is also
present in other Nordic countries, the U.S. and China. Together we make your
financial life easier. Find out more:www.swedbank.com.

More information:
Access the news on Oslo Bors NewsWeb site

588712_Interim_Report_Q1_2023.pdf