Swedbank AB (FRA:FRYA)
€ 18.01 0.07 (0.39%) Market Cap: 20.25 Bil Enterprise Value: 78.00 Bil PE Ratio: 6.79 PB Ratio: 1.17 GF Score: 73/100
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Q2 2024 Swedbank AB Earnings Call Transcript

Jul 16, 2024 / 07:45AM GMT
Release Date Price: €18.92 (+0.64%)
Annie Ho
Swedbank AB - Head of Investor Relations

Good morning, everybody, and thank you for dialing in to Swedbank's second-quarter 2024 results presentation. My name is Annie Ho from Investor Relations, and in the room with me is Jens Henriksson, Anders Karlsson; and Rolf Marquardt, our CEO, CFO, and CRO. Let's kick off with our usual presentation and then follow up with Q&As. So over to you, Jens, please.

Jens Henriksson
Swedbank AB - President, Chief Executive Officer

Thank you, Annie. Swedbank has again delivered a strong result, and we are creating values for our customers and shareholders in both good and bad times. In an uncertain world, economic conditions continued to improve in our four home markets during the quarter. Household purchasing power improved in Latvia and Lithuania, thanks to strong wage growth and falling inflation; in Estonia and Sweden, households are still cautious. Our home markets are well positioned for the future with strong public finances and competitive firms.

Indications are that growth in Sweden, Estonia,

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