Swedbank s year-end 2011 results. Michael Wolf, CEO Göran Bronner, CFO Håkan Berg, CRO
|
|
- Amberlynn Hamilton
- 5 years ago
- Views:
Transcription
1 Swedbank s year-end 2011 results Michael Wolf, CEO Göran Bronner, CFO Håkan Berg, CRO
2 Delivered according to last years prospects Net profit of SEK 11.7bn for 2011 Core Tier 1 capital ratio of 15.7 per cent Return on equity of 12.2 per cent for 2011 Proposed dividend of SEK 5.30 per share 2
3 All stakeholders affected by new environment Shareholders Two share issues totalling SEK 27bn Buy-back programme halted Goodwill write-downs Harder to reach ROE target Staff Number of employees down by about since end of 2007 Overhaul of remuneration systems will reduce variable pay Customers Increased cost of money 3
4 Group results Continued stable development SEKm FY 2010 FY 2011 Q3 11 Q4 11 Net interest income Net commission income Net gains and losses Other income Total income Total expenses Goodwill write-down in Latvia SEK 1913m SEK 330m restructuring charge Increased capital markets income and positive valuation effects Profit before impairments Cost reduction 2012: SEK 1bn CT1 ratio, %* Return on equity, % Continued focus on capital efficiency * Basel 2 4
5 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Liquidity and funding Significantly lower issuance volumes going forward SEK 44bn of long-term debt issued in Q4 (incl. SEK 7bn of senior unsecured) Over-collateralisation in covered-bond pool increased to 29% (25%) Continued strong liquidity reserves SEKbn 80 Term funding issuance Average term funding issuance Maturities Average term funding need
6 Swedbank regulatory compliant transition completed Transformation of: Maturity structure liabilities Liquidity reserve Capital buffer Significantly reduced risk in balance sheet Cost for regulatory compliance taken Ratio Swedbank Expected requirements CT1-ratio, Basel % 10% (2013) 12% (2015) Liquidity coverage ratio 139% 100% (2015) EUR/USD Net stable funding ratio 94% 100% (2018) 6
7 Capital management Current capitalisation targets withdrawn Dividend policy of 50% Other capital repatriation on hold Proposal to issue convertible debt instruments Return target of 15% 7
8 Risk highlights Net recoveries of SEK 174m in Q4 Credit impairments, SEKm Credit impairments in Sweden still low Known problems Limited inflow of watch list and problem loans Collective provisions mortgage loans in Latvia and Ukraine Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Retail LC&I Baltic Banking Russia & Ukraine Other 8
9 Risk highlights Focus on risk-weighted assets SEKbn RWA development Significant achievements 2011 Full organisational involvement Credit volumes Customer quality Market risks 530 Focus areas Review of small and mid-sized corporates Sweden Retail mortgage risk-weights Increase Decrease Q4 Volume (EAD) Migrations Other credit Market risk Operational risk 2011 Q4 9
10 Risk highlights Many factors impacting outlook Challenging economic situation in Europe Real estate Sweden: Risk picture is going down Positive outlook in Baltic countries 10
11 Priorities going forward Increased focus on operational efficiency Improve customer satisfaction Increase decision-making close to our customers Improve quality and cost effectiveness 11
12 Q & A
13 Appendix 13
14 Percent Mortgage loans gross margin (3-months) Swedbanks price towards customer (3 months) Swedbank's funding cost Stibor 3 months Swedish Riksbanks reporate Should cover: Liquidy costs Cost of administration Credit Impairments Profit Q1 03 Q2 03 Q3 03 Q4 03 Q1 04 Q2 04 Q3 04 Q4 04 Q1 05 Q2 05 Q3 05 Q4 05 Q1 06 Q2 06 Q3 06 Q4 06 Q1 07 Q2 07 Q3 07 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 Q
15 Development of ROE and net interest margin ROE % 30 NIM % ROE (left hand scale) NIM (right hand scale)
16 Liquidity and funding Funding development Q4 SEK 44bn of long-term debt issued in Q4 (mainly domestic covered bonds and senior unsecured private placements) Demand for Swedbank short-term paper continued USD funding need covered for more than 12 months SEKm Long-term debt issued in Q4 SEKm Outstanding short-term debt Q Q3 11 Q Domestic CB Euro CB Other CB Senior unsecured 0 Domestic CP ECP/CD USCP Yankee CD Finnish CD French CD 16
17 Liquidity and funding Funding development FY 2011 SEK 254bn of long-term debt issued and SEK 180bn of maturities at beginning of 2011 Good demand for Swedbank short-term paper SEKm Issued long-term debt SEKm Outstanding short-term debt Domestic CB Euro CB USD CB (144A) Other CB Senior unsecured 0 Domestic CP ECP/CD USCP Yankee CD Finnish CD French CD 17
18 Liquidity and funding Long-term funding maturity profile Maturities for 2012 amount to nominal SEK 86bn SEKbn Long-term funding maturity profile Government guaranteed debt Senior unsecured debt Covered bonds
19 Liquidity and funding Remaining government guaranteed debt Exited the programme on 30 April 2010 No issuance under the programme since summer 2009 SEK 37bn of government guaranteed debt matures in April 2012 SEKbn 40 Maturity profile as of Q USD SEK EUR CHF HKD JPY
20 Swedbank s cover pool House price sensitivity of the cover pool House price sensitivity of the cover pool Overcollateralisation 35% 30% 25% OC 20% 15% 10% 5% 0% -5% -10% -15% -20% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% House price drop 20
21 Liquidity and funding Liquidity reserve According to the template defined by the Swedish Bankers' Association 1 SEKm Cash and holdings in central banks Deposits in other banks available overnight Securities issued or guaranteed by sovereigns, central banks or multilateral development banks Securities issued or guaranteed by municipalities or Public sector entities Covered bonds Issued by other institutions Own issued Securities issued by non-financial corporates Securities issued by financial corporates (excl. covered bonds) Other Total Additional liquid assets, Group Other, over-collateralisation in the cover pool Total % of the securities in the liquidity reserve as of Q are rated AAA 2 80% of the additional liquid assets fulfill the Liquidity Reserve definition by the Swedish Bankers Association except from that they are held outside Group Treasury. 21
22 Asset quality Impaired loans decreasing Excluding FX effect down SEK 3.4bn in Q4 Corporate portfolio quality improvements SEKm Share of impaired loans, gross Ukraine 61% Russia 20% Lithuania 13% Latvia 21% Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q Q4 11 Estonia 6.6% LCI 0.13% Retail 0.19% 22
23 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Asset quality Loans past due 60 days performance Q/Q EURm Estonia Latvia Lithuania Ukraine Russia 23
24 Asset quality Provisions well provided for Individual provisioning rates maintained Additional portfolio provisions in Latvian and Ukrainian mortgages Positive rating migrations SEKm Provision ratios, % Q % % % 59.8% 61.5% Retail 90 LC&I 135 Baltic Banking 55 Russia 46 Ukraine 72 Group 62 0 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Individual provisions Portf olio provisions Write-of f s, gross, cum f rom 2010 Provision ratio 24
25 Asset quality Repossessed assets SEKm Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Real Estate Residential Real Estate Commercial Passenger & Commercial Transport Shares Other 25
26 Asset quality Credit impairments by category SEKm Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Portfolio provisions Individual provisions Recoveries Write-offs net 26
27 Credit portfolio Large Corporates & Institutions Shipping and offshore Lending exposure to the shipping and offshore sector is SEK 22.7bn plus unutilised commitments of SEK 6.1bn Portfolio duration 4-5y Average fleet age 7y Other represents dry bulk (4%), ro/ro/car (7%), container (5%) Strong employment profiles Shipping and offshore portfolio Offshore 58% Tanker 26% Other 16% Note: Portfolio breakdown based on total exposure (lending + unutilised commitments). 27
28 Swedish housing and mortgage market Real estate prices Sweden 2011 Single-family homes 1 Tenant owner rights 2 Combined 3 12M Δ 12M Δ 12M Δ Jan 0% 8% 2% Feb 2% 7% 3% Mar 2% 6% 3% Apr 1% 6% 3% May 0% 6% 2% Jun 0% 5% 2% Jul 0% 6% 2% Aug -2% 3% -1% Sep -3% 1% -2% Oct -4% -1% -3% Nov -5% -4% -5% Dec -7% -4% -6% Source: Valuegard (Based on data from Mäklarstatistik), 1 HOXHOUSESWE, 2 HOXFLATSWE, 3 HOXSWE 28
29 Jan-05 Aug-05 Mar-06 Oct-06 May-07 Dec-07 Jul-08 Feb-09 Sep-09 Apr-10 Nov-10 Jun-11 Jan-05 May-05 Sep-05 Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-05 Aug-05 Mar-06 Oct-06 May-07 Dec-07 Jul-08 Feb-09 Sep-09 Apr-10 Nov-10 Jun-11 Real estate prices Baltic countries Tallinn Riga 590 Nr.of deals Source: Swedbank, Estonian Land Board EUR/m2 Source: Swedbank Nr.of deals EUR/m Vilnius Nr.of deals Source: Swedbank, State Enterprise Centre of Registers EUR/m2 29
30 Swedish housing market New private lending in Sweden Internal LTV limit of 75% having a clear impact on average LTV levels of new origination 78 Weighted average LTV on new lending Tenant owner rights Single-family houses Total 1 1 Total of Tenant owner rights and Single-family houses 30
Swedbank s second quarter 2013 results. Michael Wolf, CEO Göran Bronner, CFO Håkan Berg, CRO
Swedbank s second quarter 213 results Michael Wolf, CEO Göran Bronner, CFO Håkan Berg, CRO Retail Stable results continue SEKm Q2 12 Q1 13 Q2 13 Q/Q Y/Y Net interest income 3 362 3 332 3 367 35 5 Net commissions
More informationSwedbank s year-end 2013 results
Swedbank s year-end 2013 results Michael Wolf, CEO Göran Bronner, CFO Anders Karlsson, CRO Swedbank Swedish Banking Stable results SEKm Q4 13 Q3 13 Q/Q Net interest income 3 448 3 473-25 Net commissions
More informationSwedbank s third quarter 2013 results
Swedbank s third quarter 213 results Michael Wolf, CEO Göran Bronner, CFO Anders Karlsson, CRO Swedbank Retail Stable results SEKm Q3 12 Q2 13 Q3 13 Q/Q Y/Y Net interest income 3 45 3 367 3 473 16 68 Net
More informationSwedbank Year-end report 2014
Swedbank Year-end report 214 Michael Wolf, CEO Göran Bronner, CFO Anders Karlsson, CRO Swedbank Swedish Banking Strong customer activity SEKm Q4 14 Q3 14 QoQ YoY Net interest income 3 31 3 372-71 -271
More informationSwedbank s third quarter 2012 results London
Swedbank s third quarter 212 results London Reduced tail risk but weaker economic outlook Low growth/low interest rate environment will remain Sweden benefits from strong financials Regulation drives:
More informationSwedbank s second quarter 2015 results Michael Wolf (CEO), Göran Bronner (CFO), Anders Karlsson (CRO) Swedbank
Swedbank s second quarter 215 results Michael Wolf (CEO), Göran Bronner (CFO), Anders Karlsson (CRO) Swedbank Swedish Banking Strong result in low interest rate environment SEKm Q2 15 Q1 15 QoQ Net interest
More informationKBW 2011 UK and European Financials Conference. Göran Bronner, CFO
KBW 211 UK and European Financials Conference Göran Bronner, CFO This is Swedbank Market leading retail franchise in its home markets Largest retail bank and fund manager in Sweden 6 % Market shares, May
More informationSwedbank s third quarter 2017 results
Swedbank s third quarter 217 results Birgitte Bonnesen (CEO), Anders Karlsson (CFO), Helo Meigas (CRO) Swedish Banking Good loan volume growth SEKm Q3 17 Q2 17 QoQ Net interest income 3 811 3 792 19 Net
More informationSwedbank s second quarter 2018 results
Swedbank s second quarter 218 results Anders Karlsson (CFO), Helo Meigas (CRO) Group financial highlights TOTAL INCOME SEK 11.8bn 12 8 4 Total income, SEKbn Strong loan volume growth Higher commission
More informationSwedbank year-end report 2017
Swedbank year-end report 217 Birgitte Bonnesen (CEO), Anders Karlsson (CFO), Helo Meigas (CRO) Swedish Banking Solid mortgage volume growth SEKm Q4 17 Q3 17 QoQ Net interest income 3 861 3 812 49 Net commission
More informationSwedbank s third quarter 2018 results
Swedbank s third quarter 2018 results Birgitte Bonnesen (CEO), Anders Karlsson (CFO), Helo Meigas (CRO) Swedbank in the Baltics Swedbank s customers in the Baltics Market leader with a strong focus on
More informationSwedbank year-end results 2018
Swedbank year-end results 218 Birgitte Bonnesen (CEO), Anders Karlsson (CFO), Helo Meigas (CRO) Strong financial result in 218 delivered on strategic priorities SELECTED 218 DELIVERIES Continued digitisation
More informationFirst quarter results April Michael Wolf, CEO and Erkki Raasuke, CFO
First quarter results 2009 23 April 2009 Michael Wolf, CEO and Erkki Raasuke, CFO Reduce current risk levels 1. Secure asset quality by pro-active measures 2. Protect earnings capacity throughout the downturn
More informationCarnegie Nordic Large Cap Seminar Stockholm 4 March 2008 Mikael Inglander, CFO
Carnegie Nordic Large Cap Seminar Stockholm 4 March 28 Mikael Inglander, CFO The leading bank in four small countries Sweden Total population: 9.2m Employees: 8,75 Private customers: 4.1m Corp. customers:
More informationSwedbank debt investor presentation Q October
Swedbank debt investor presentation Q3 212 October Table of contents 1. Financial performance 3 2. Liquidity and funding 15 3. Cover pool data 27 4. Swedish housing and mortgage market 35 5. Appendix This
More informationAnnika Falkengren. President & CEO. Results 2009
Annika Falkengren President & CEO Results 29 1 Highlights Q1 29 Strong underlying business SEK 4.8bn before provisions for credit losses and impairment charges Stable cost development Doubled collective
More informationInvestor presentation. Results 2009
Investor presentation Results 2009 1 Highlights 2009 Strong underlying business SEK 4.8bn before provisions for credit losses and impairment charges Stable cost development Doubled collective provisions
More informationDebt Investor Presentation - Q1-update May Jonas Erikson, Head of Group Treasury Peter Stenborn, Debt Investor Relations
Debt Investor Presentation - Q1-update May 2011 Jonas Erikson, Head of Group Treasury Peter Stenborn, Debt Investor Relations Table of contents 1. This is Swedbank 3 2. The Swedish economy 7 3. Swedish
More informationFact Book January June 2013
Fact Book January June STOCKHOLM 15 JULY SEB Fact Book January June 1 Table of contents About SEB... 4 Financial targets... 4 Rating... 4 Organisation...5 Full-time equivalents, end of quarter... 5 Corporate
More informationInterim report, Q October, 2007 Jan Lidén CEO and President
Interim report, Q3 2 24 October, 2 Jan Lidén CEO and President Summary January September 2 Shareholders net profit increased 12 percent to SEK 8,888m compared with previous year Net interest income was
More informationFact Book January September 2013
Fact Book January September STOCKHOLM 24 OCTOBER SEB Fact Book January-September 1 Table of contents About SEB... 4 Financial targets... 4 Rating... 4 Organisation...5 Full-time equivalents, end of quarter...
More informationSwedbank investor presentation. February 2014
Swedbank investor presentation February 2014 Executive summary Market position Swedbank (A+/A1/A+) is the largest retail bank in Sweden and the market leader in private mortgages and deposits in all of
More informationFact Book January March 2014
Fact Book January March 214 STOCKHOLM 25 APRIL 214 SEB Fact Book January March 214 1 Table of contents About SEB... 4 Financial targets... 4 Rating... 4 Organisation...5 Full-time equivalents, end of quarter...
More informationSEB Enskilda Nordic Seminar 7 January Erkki Raasuke, CFO
SEB Enskilda Nordic Seminar 7 January 2010 Erkki Raasuke, CFO Continued focus on short-term priorities Asset quality Signs of growth rate of impaired loans levelling off Ektornet to protect long-term shareholder
More informationFact book Q April 2007
Fact book Q1 27 25 April 27 Contents page General information 2 Mission, vision, values and markets 2 Financial objectives 3 Geographic reach and market shares 4 Macro economic indicators 5-6 Business
More informationFact Book January June 2014
Fact Book January June STOCKHOLM 14 JULY SEB Fact Book January June 1 Table of contents About SEB... 4 Financial targets... 4 Rating... 4 Organisation...5 Full-time equivalents, end of quarter... 5 Corporate
More informationSwedbank investor presentation. May 2014
Swedbank investor presentation May 214 Table of contents 1. Quarterly update 3 2. Capital 11 3. Asset quality 15 4. Liquidity and funding 21 5. Cover pool data 31 6. Swedish housing and mortgage market
More informationFacts Q February, 2012
Facts Q4 2011 14 February, 2012 44B 4B 44B 4B Contents page page General information 2 Asset quality 43 Swedbank in brief 2-3 Credit risks 43-44 Macro economic indicators 4-5 Asset quality 45-47 Income
More informationFacts. Q3, 2007 October 24, 2007
Facts October 24, 27 24 October, 27 Contents page General information 2 Mission, vision, values and markets 2 Financial objectives 3 Geographic reach and market shares 4 Macro economic indicators 5-6 Business
More informationFacts Q July, 2012
Facts Q2 2012 18 July, 2012 44B 4B 44B 4B 44B 4B Contents page page General information 2 Asset quality 41 Swedbank in brief 2-3 Credit risks 41-42 Macro economic indicators 4-5 Asset quality 43-45 Income
More informationFact Book January June 2011
Fact Book January June STOCKHOLM 14 JULY SEB Fact Book January June N Table of contents Table of contents...2 About SEB...3 SEB history...3 Financial targets...3 Organisation...4 Corporate Governance...5
More informationInterim report Q August, 2007 Jan Lidén CEO and President
Interim report Q2 27 7 August, 27 Jan Lidén CEO and President Summary Q2 27 (Q1 27) Continued improved results: SEK 3,112m (2,91 in Q1 27) Earnings per share increased 7% compared with Q1 27 Net interest
More informationMorgan Stanley European Financials Conference, London 27 March Jan Erik Back CFO SEB
Morgan Stanley European Financials Conference, London 27 March 212 Jan Erik Back CFO SEB In the new world, what are SEB s priorities? Relationship banking as the key franchise driver Response to the new
More informationInvestor presentation. Result
Investor presentation Result 2010 Highlights Income Stable earnings from a diversified platform Provisions for credit losses Net credit losses back to pre-crisis levels Strategic alignment Strategic alignment
More informationFacts Q January, 2013
Facts Q4 2012 30 January, 2013 44B 4B 44B 4B 44B 4B Contents page page General information 2 Asset quality 43 Swedbank in brief 2-3 Asset quality 43-45 Macro economic indicators 4-5 Credit impairments
More informationFourth quarter Full-year compared with the third quarter The quarterly result was SEK 2 750m (2 591)
Fourth quarter 2010 compared with the third quarter 2010 The quarterly result was SEK 2 750m (2 591) Earnings per share were SEK 2.37 (2.23) The return on equity was 11.7 per cent (11.3) The cost/income
More informationInterim report Q April 25, 2007 Jan Lidén President and CEO
Interim report Q1 2007 April 25, 2007 Jan Lidén President and CEO Highlights Q1 2007 Strong and stable results intact SEK 2,910m (2,270 Q1, 2006) Strong and stable results from all major business areas;
More informationInterim report Q October 2008 Jan Lidén President and CEO
Interim report Q3 2008 23 October 2008 Jan Lidén President and CEO Content Highlights in Q3 results The macro-economic environment Comments on issues in focus Funding and liquidity Credit quality Business
More informationFact Book. Annual Accounts 2017 STOCKHOLM 31 JANUARY 2018
Fact Book Annual Accounts STOCKHOLM 31 JANUARY 218 SEB Fact Book Annual Accounts Table of contents Table of contents... 2 About SEB... 4 SEB history... 4 Financial targets... 4 Rating... 4 Organisation...
More informationFact Book. January September 2018 STOCKHOLM 25 OCTOBER 2018
Fact Book January September STOCKHOLM 25 OCTOBER SEB Fact Book January September Table of contents Table of contents... 2 About SEB... 4 SEB history... 4 Organisation... 5 Share of operating profit...
More informationABGSC Swedish Banks Treasury lunches
ABGSC Swedish Banks Treasury lunches Nov 11, 211 Anders Kvist Head of Group Treasury Balance Sheet, Liquidity & Funding A strong balance sheet structure Sep 21 Balance sheet structure Liquid assets Cash
More informationInvestor presentation. Result presentation
Investor presentation Result presentation 21 Highlights Income Solid results given present macroeconomic climate Lower provisioning for credit losses and no new NPL formation Provisions for credit losses
More informationAnnual Accounts Annika Falkengren President & CEO
Annual Accounts 2014 Annika Falkengren President & CEO Unique economic environment Key Interest rates % 2.00 1.80 1.60 1.40 1.20 1.00 0.80 0.60 0.40 0.20 0.00 Jan-14 Sweden Norway Eurozone Feb-14 Mar-14
More informationFact Book January June 2017 STOCKHOLM 14 JULY 2017
Fact Book January June 217 STOCKHOLM 14 JULY 217 SEB Fact Book January June 217 Table of contents Table of contents... 2 About SEB... 4 SEB history... 4 Financial targets... 4 Rating... 4 Organisation...
More informationHandelsbanken Nordic Large Cap Seminar 14 September Michael Wolf, CEO
Handelsbanken Nordic Large Cap Seminar 14 September 2010 Michael Wolf, CEO Progress continued throughout Q2 Net profit of SEK 1.6bn Improved credit quality Term funding YTD higher than full year maturities
More informationDanske Nordic Bank Seminar
Jan Erik Back CFO Danske Nordic Bank Seminar Copenhagen 2 September 2009 1 SEB s competitive position A long-term relationship bank Strong income and balance sheet Q2-recap, liquidity and capital Asset
More informationThomas Bengtson John Arne Wang. Debt Investor Presentation Q and FY 2015
Debt Investor Presentation Q1 2016 and FY 2015 Thomas Bengtson John Arne Wang More information Available on www.sebgroup.com You will find it under Investor Relations Disclaimer IMPORTANT NOTICE THIS PRESENTATION
More informationFact Book January September 2010
Fact Book January September STOCKHOLM 28 OCTOBER SEB Fact book January September N Table of contents Table of contents...2 About SEB...3 SEB History...3 Financial targets...3 Organisation...4 Corporate
More informationFacts. Q1, April 2010
Facts 27 April 21 27 April 21 Contents page General information 2 Geographic reach 2 Macro economic indicators 3-4 Business volumes 5 Business volumes 5 Lending 6-7 Savings and investments 8 Other products
More informationFact Book January September 2010
Fact Book January September STOCKHOLM 28 OCTOBER SEB Fact book January September N Table of contents Table of contents...2 About SEB...3 SEB History...3 Financial targets...3 Organisation...4 Corporate
More informationDebt Investor Presentation Financials Q Thomas Bengtson John Arne Wang
Debt Investor Presentation Financials Q1 2015 Thomas Bengtson John Arne Wang More information Available on www.sebgroup.com You will find it under Investor Relations Disclaimer IMPORTANT NOTICE THIS PRESENTATION
More informationFacts Q October, 2013
Facts Q3 2013 22 October, 2013 44B 4B 44B 4B 44B 4B Contents page page General information 2 Asset quality 47 Swedbank in brief 2-3 Asset quality 47-50 Macro economic indicators 4-5 Credit impairments
More informationFacts. Q2, 2010 July 22, 2010
Facts Q2, 21 July 22, 21 Q2, 21 22 July 21 Contents page General information 2 Geographic reach 2 Macro economic indicators 3-4 Business volumes 5 Business volumes 5 Lending 6-7 Savings and investments
More informationSecond quarter January-June Compared with first quarter The result for the quarter amounted to SEK 3 162m (3 425)
Second quarter 2012 Compared with first quarter 2012 The result for the quarter amounted to SEK 3 162m (3 425) Earnings per share before dilution amounted to SEK 2.88* (2.21) and earnings per share after
More informationAnnika Falkengren CEO
Annika Falkengren CEO 2007 Highlights Q1 2007 Operating profit SEK 4.2bn Revenues exceeded SEK 10bn Continued high customer activity but more volatile capital markets Organic growth RWA: + 7% Stable costs
More informationFact Book Annual Accounts 2010
Fact Book Annual Accounts STOCKHOLM 4 FEBRUARY 211 SEB Fact Book Annual Accounts N Table of contents Table of contents...2 About SEB...3 SEB history...3 Financial targets...3 Organisation...4 Corporate
More informationSwedbank investor presentation. April 2015
Swedbank investor presentation April 215 Table of contents 1. Quarterly financial update 3 2. Capital considerations 11 3. Liquidity and funding 17 4. Cover pool data 25 5. Swedish economy 33 6. Swedish
More informationSecond quarter January-June compared with the first quarter The result for the period was SEK 1 567m (536)
Second quarter 2010 compared with the first quarter 2010 The result for the period was SEK 1 567m (536) Earnings per share were SEK 1.36 (0.46) The return on equity was 7.0 per cent (2.4) The cost/income
More informationFacts Q4, February 2016
Facts 2 February 2016 Contents page page General information 2 Asset quality 45 Swedbank in brief 2-3 Asset quality 45-47 Macro economic indicators 4-5 Credit impairments 48 Financial information, Group
More informationThird quarter January-September compared with the second quarter The Q3 result was SEK 2 591m (1 567)
Third quarter 2010 compared with the second quarter 2010 The Q3 result was SEK 2 591m (1 567) Earnings per share were SEK 2.23 (1.36) The return on equity was 11.3 per cent (7.0) The cost/income ratio
More informationSwedbank Baltic Banking Financial Results Q4 2008
Swedbank Baltic Banking Financial Results 2 Content Highlights Volumes Income Expenses Risk 2 Highlights Basis of preparation Hansabank Group refers to consolidated financial statements of AS Hansapank
More informationFacts Q October, 2014
Facts Q3 2014 21 October, 2014 44B 4B 44B 4B 44B 4B 44B 4B 44B 4B 44B 4B Contents page page General information 2 Asset quality 48 Swedbank in brief 2-3 Asset quality 48-51 Macro economic indicators 4-5
More informationFacts Q January, 2014
Facts Q4 2013 28 January, 2014 44B 4B 44B 4B 44B 4B Contents page page General information 3 Asset quality 47 Swedbank in brief 3 Asset quality 47-50 Macro economic indicators 4-5 Credit impairments 51
More informationSwedbank investor presentation. October 2015
Swedbank investor presentation October 215 Table of contents Executive summary 3 1. Quarterly financial update 5 2. Capital considerations 13 3. Liquidity and funding 19 4. Cover pool data 29 5. Swedish
More informationSwedbank New York and Boston roadshow, September 24 26, Mikael Inglander, Chief Financial Officer
Swedbank New York and Boston roadshow, September 24 26, 27 Mikael Inglander, Chief Financial Officer The leading bank in four small countries Sweden Total population: 9.m Private customers: 4.1m Corp.
More informationInvestor breakfast meeting
Annika Falkengren President & CEO Jan Erik Back CFO Investor breakfast meeting 17 August 20 1 Priorities for 20 Maintain flexibility & resilience Exploit core strengths Corporates in Nordics & Germany
More informationSwedbank Mortgage AB (publ);
SUPPLEMENT DATED AUGUST 23, 2011 TO THE PROSPECTUS DATED MARCH 11, 2011 Swedbank Mortgage AB (publ) (Incorporated with limited liability in the Kingdom of Sweden) U.S.$15,000,000,000 Programme for the
More informationQ Interim report for the second quarter 2015
Interim report January June 2015, 16 July 2015 Q2 2015 Interim report for the second quarter 2015 Second quarter compared with first quarter 2015 Resilient result in low interest rate environment Good
More informationFinancial Results 2018 Johan Torgeby, President & CEO. Telephone conference 30 January 2019
Financial Results 2018 Johan Torgeby, President & CEO Telephone conference 30 January 2019 jan-17 apr-17 jul-17 okt-17 jan-18 apr-18 jul-18 okt-18 jan-17 apr-17 jul-17 okt-17 jan-18 apr-18 jul-18 okt-18
More informationInvestor Presentation. Result presentation. January September 2010
Investor Presentation Result presentation January September 2010 Highlights Income Seasonally slow quarter supported by diversified earnings Further improved asset quality Baltics back in black Profit
More informationInvestor presentation. January September
Investor presentation January September 2007 1 Outline Business activity and financial performance Comments on The current market situation and fixed income securities portfolios The Baltic countries The
More informationAnnika Falkengren CEO. UBS conference. May 14, 2007
Annika Falkengren CEO UBS conference May 14, 2007 What we are How we differ Growth opportunities 2 SEB history Longstanding customer relationships Entrepreneurship International outlook Same major owners
More informationThird quarter January-September Compared with second quarter The result for continuing operations amounted to SEK 4 562m (4 369)
Third quarter 2014 Compared with second quarter 2014 The result for continuing operations amounted to SEK 4 562m (4 369) Earnings per share for continuing operations amounted to SEK 4.14 (3.96) before
More informationAll pictures Q1. images Q2. Images Q Debt Investor Presentation Q3 2015
Images Q3 2015 Debt Investor Presentation All pictures Q1 All Q3 2015 images Q2 2015 2015 Disclaimer This presentation contains forward-looking statements that reflect management s current views with respect
More informationFöreningsSparbanken Q Jan Lidén, CEO
FöreningsSparbanken Q4 2005 Jan Lidén, CEO Highlights 2005 2 The market share for total new savings from Swedish households rose to 19 percent (17) For new household deposits, the Swedish market share
More informationFacts Q4, February 2017
Facts 2 February 2017 Contents page page General information 2 Asset quality 39 Swedbank in brief 2-3 Asset quality 39-41 Macro economic indicators 4-5 Credit impairments 42 Financial information, Group
More informationGoldman Sachs Financials Conference. Sustaining profitability despite challenging funding conditions. Frans Lindelöw
Goldman Sachs Financials Conference Sustaining profitability despite challenging funding conditions Frans Lindelöw Group Executive Management Berlin, 13 June 2008 Disclaimer This presentation contains
More informationDebt Investor Presentation Jan- Sep 2014 Financials Thomas Bengtson
Debt Investor Presentation Jan- Sep 2014 Financials Thomas Bengtson More information Available on www.sebgroup.com You will find it under Investor Relations Disclaimer IMPORTANT NOTICE THIS PRESENTATION
More informationSwedbank in brief 2-3 Asset quality Macro economic indicators 4-5 Credit impairments 43
Contents page page General information 2 Asset quality 39 Swedbank in brief 2-3 Asset quality 39-42 Macro economic indicators 4-5 Credit impairments 43 Financial information, Group 6 Loans by collateral
More informationAnders Ek Executive Vice President, Head of Strategic and International Banking. Tokyo March 14, 2007
Anders Ek Executive Vice President, Head of Strategic and International Banking Tokyo March 14, 2007 Swedbank - an introduction (2) A leading Nordic-Baltic bank Other markets, niche banking Denmark - Swedbank
More informationFacts Q3, October 2017
Facts 24 October 2017 Contents page page General information 2 Asset quality 39 Swedbank in brief 2-3 Asset quality 39-41 Macro economic indicators 4-5 Credit impairments 42 Financial information, Group
More informationSwedbank investor presentation. July 2016
Swedbank investor presentation July 216 Table of contents Executive summary 3 1. Quarterly financial update 5 2. Capital considerations 13 3. Liquidity and funding 19 4. Cover pool data 27 5. Swedish economy
More informationInvestor Presentation. Annual Accounts
Investor Presentation Annual Accounts SEB a unique Nordic Bank Relationships Corporates Stability 2 Unique corporate franchise Truly embedded corporate bank Mergers & Acquisitions Foreign Exchange Trade
More informationSwedbank investor presentation. July 2015
Swedbank investor presentation July 215 Table of contents 1. Quarterly financial update 3 2. Capital considerations 11 3. Liquidity and funding 17 4. Cover pool data 27 5. Swedish economy 35 6. Swedish
More informationFacts Q3, October 2018
Facts 23 October 2018 Contents page page General information 2 Asset quality 39 Swedbank in brief 2-3 Asset quality 39-42 Macro economic indicators 4-5 Credit impairments 43 Financial information, Group
More informationBank of America Merrill Lynch 28 September, Jan Erik Back CFO
Bank of America Merrill Lynch 28 September, 2016 Jan Erik Back CFO 1 Well diversified business in a strong economic environment Operates principally in economically robust AAA rated European countries
More informationDebt Investor Presentation FY 2013 and Q Financials. Thomas Bengtson Arne Boberg
Debt Investor Presentation FY 2013 and Q1 2014 Financials Thomas Bengtson Arne Boberg More information Available on www.sebgroup.com You will find it under Investor Relations Disclaimer IMPORTANT NOTICE
More informationSix good reasons for choosing DNB in the new banking environment
Six good reasons for choosing DNB in the new banking environment Bank of America Merrill Lynch, 18th Annual Banking & Insurance CEO Conference 2013 24 September, London Rune Bjerke, CEO of DNB 1 Reason
More informationPRESS RELEASE. Securities issued by Hungarian residents and breakdown by holding sectors. January 2019
7 March 2019 PRESS RELEASE Securities issued by Hungarian residents and breakdown by holding sectors January 2019 According to securities statistics, the amount outstanding of equity securities and debt
More informationDebt Investor Presentation Financial Results
Debt Investor Presentation Financial Results January March 2017 1 Disclaimer IMPORTANT NOTICE THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE
More informationUBS Nordic Financial Services Conference Stockholm
Annika Falkengren President and CEO UBS Nordic Financial Services Conference Stockholm 10 September 2009 1 The starting point: SEB has a strong competitive position A long-term relationship bank How we
More informationNomura Financial Services Conference London, 29 August Jan Erik Back, CFO
Nomura Financial Services Conference London, 29 August 2012 Jan Erik Back, CFO SEB s strategy remains firm Universal bank in Sweden and the Baltics Corporate bank in the Nordics, Germany and internationally
More informationInvestor Presentation January December 2017
Investor Presentation January December 2017 Disclaimer IMPORTANT NOTICE THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT AN INVESTOR PRESENTATION
More informationAnnika Falkengren. President and CEO. Result presentation. January September 2010
Annika Falkengren President and CEO Result presentation January September 2010 Highlights Income Seasonally slow quarter supported by diversified earnings Further improved asset quality Baltics back in
More informationFacts Q2, July 2018
Facts 18 July 2018 Contents page page General information 2 Asset quality 39 Swedbank in brief 2-3 Asset quality 39-42 Macro economic indicators 4-5 Credit impairments 43 Financial information, Group 6
More informationKeefe, Bruyette & Woods 2012 European Financials Conference 19 September Niklas Ekvall Head of Group Treasury
Keefe, Bruyette & Woods 2012 European Financials Conference 19 September 2012 Niklas Ekvall Head of Group Treasury Disclaimer This presentation contains forward-looking statements that reflect management
More informationFacts & Figures January September 2009
www.sebgroup.com Facts & Figures January September 2009 1 Contents Page SEB Group 3 15 Asset quality 16 29 Bond portfolios 30 36 Divisional level 37 42 Merchant Banking 43 53 Retail Banking 54 64 Wealth
More informationBanking in a tough environment
Banking in a tough environment Carnegie Nordic Large Cap Seminar Stockholm Tonny Thierry Andersen CFO & Member of the Executive Board March 3, 2009 The real economy is now severely affected Index Industrial
More informationInvestor Presentation January September 2017
Investor Presentation January September 2017 Disclaimer IMPORTANT NOTICE THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT AN INVESTOR PRESENTATION
More informationInvestor Presentation January March 2018
Investor Presentation January March 2018 1 Disclaimer IMPORTANT NOTICE THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT AN INVESTOR PRESENTATION
More information