Swedbank AB (publ) (OTCPK:SWDBF) Q2 2025 Earnings Conference Call July 17, 2025 2:30 AM ET Company Participants Jens Henriksson - President & CEO Jon Hendrik Lidefelt - Chief Financial Officer Maria Caneman - Corporate Participant Conference Call Participants Andreas Hakansson - SEB, Research Division Bettina Thurner - BNP Paribas Exane, Research Division Gulnara Saitkulova - Morgan Stanley, Re...
Swedish banking group Swedbank reported a net profit for the second quarter that beat market expectations on Thursday but said the global economy remained marked by uncertainty with weakening activity in its main market Sweden.
Swedish banking group Swedbank said on Wednesday it was setting a target of at least 15% return on equity in the coming years, in line with a previous goal running through this year, and said geopolitical tensions were creating uncertainty.
AB “Ignitis grupė” (hereinafter – the Group) informs that on 16 May 2025 a subsidiary of the Group, SP Venta SIA, concluded a EUR 77.5 million project financing agreement (hereinafter – the Loan) with Swedbank AS (Latvia) and “Swedbank” AB (Lithuania) regarding a Stelpe solar farm and Vārme solar farm with a total capacity of 239 MW.
Swedish banking group Swedbank reported a first-quarter net profit above expectations on Tuesday but said that trade conflicts had dampened economic recovery in the bank's markets.
Sweden's Swedbank and Norway's SpareBank 1 alliance will establish a jointly owned Nordic investment bank by expanding the Norwegian group's SpareBank 1 Markets operation, the companies said in a joint statement on Tuesday.
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