Second quarter 2013
Compared with first quarter 2013

  · The result for the
quarter amounted to SEK 1 592m (3 525), of which the
result for continuing
operations** was SEK 3 478m (3 916)
  · Earnings per share for total operations
amounted to SEK 1.45 (3.21*) before
dilution and SEK 1.44 (3.19*) after
dilution
  · Earnings per share for continuing operations** after dilution
amounted to
SEK 3.15 (3.54*)
  · The return on equity was 6.5 per cent (13.8)
and the return on equity for
continuing operations** was 14.1 per cent (15.3)
 
· The cost/income ratio was 0.46 (0.45)
  · Net interest income amounted to SEK
5 409m (5 353)
  · Profit before impairments decreased by 4 per cent to SEK
4 853m (5 039)
  · Swedbank reported net credit impairments of SEK 88m (60)
  ·
The Common Equity Tier 1 ratio was 18.0 per cent according to Basel 2 (16.7
per
cent on 31 December 2012). The Common Equity Tier 1 ratio according to Basel
3
was 17.2*** per cent (15.4 per cent on 31 December 2012)

January-June
2013
Compared with January-June 2012

  · The result for the period amounted to
SEK 5 117m (6 557), of which the
result for continuing operations** was SEK 7
394m (7 177)
  · Earnings per share for total operations amounted to SEK 4.66*
(5.97) before
dilution and SEK 4.63* (5.95) after dilution
  · Earnings per
share for continuing operations** after dilution amounted to
SEK 6.69* (6.51)
 
· The return on equity was 10.1 per cent (13.6) and the return on equity
for
continuing operations** was 14.7 per cent (14.9)
  · The cost/income ratio
was 0.45 (0.48)
  · Net interest income increased by 8 per cent to SEK 10 762m
(9 930)
  · Profit before impairments increased by 6 per cent to SEK 9 892m (9
362)
  · Swedbank reported net credit impairments of SEK 148m (net recoveries
of SEK
145m)

* After deducting the preference share dividend, earnings per
share for the
first quarter 2013 were SEK 1.63 for total operations. The
calculations are
specified on page 50.
** Russia and Ukraine are reported as
discontinued operations.
*** According to Swedbank’s interpretation of future
regulations.

Read the full report on www.swedbank.com/ir or in the pdf
document attached.