Swedbank AB (publ) (OTCMKTS:SWDBY) Posts Quarterly Earnings Results

Swedbank AB (publ) (OTCMKTS:SWDBY) released its 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) Stock Down 0.7 %

Shares of SWDBY opened at SEK 19.11 on Friday. The business’s fifty day moving average price is SEK 20.92 and its 200 day moving average price is SEK 19.59. Swedbank AB has a 12-month low of SEK 15.17 and a 12-month high of SEK 22.84. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.49 and a current ratio of 1.49.

Swedbank AB (publ) Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a dividend of $1.4797 per share. This is a boost from Swedbank AB (publ)’s previous dividend of $0.76. The ex-dividend date of this dividend was Wednesday, March 27th. Swedbank AB (publ)’s dividend payout ratio is 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.