Swedbank AB (publ) (OTCMKTS:SWDBY – Get Free Report) announced its quarterly earnings results on Thursday. The financial services provider reported SEK 0.72 EPS for the quarter, reports. The company had revenue of SEK 1.74 billion during the quarter. Swedbank AB (publ) had a return on equity of 18.67% and a net margin of 26.65%.
Swedbank AB (publ) Price Performance
Shares of OTCMKTS:SWDBY opened at SEK 19.11 on Friday. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.49 and a current ratio of 1.49. The business has a 50-day moving average of SEK 20.92 and a two-hundred day moving average of SEK 19.60. Swedbank AB has a 12 month low of SEK 15.17 and a 12 month high of SEK 22.84.
Swedbank AB (publ) Increases Dividend
The company also recently declared a dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a dividend of $1.4797 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This is a positive change from Swedbank AB (publ)’s previous dividend of $0.76. Swedbank AB (publ)’s dividend payout ratio is currently 33.11%.
Swedbank AB (publ) Company Profile
Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.
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