STOCKHOLM, April 29, 2003 (PRIMEZONE) -- Interim report for ForeningsSparbanken (Swedbank) January - March 2003 April 29, 2003
Operating profit rose to SEK 1,983 M
First quarter 2003 in summary:
- Operating profit rose to SEK 1,983 M (1,952) - The return on equity was 13.1 percent (13.0) - Earnings per share amounted to SEK 2.43 (2.34) - Net interest income rose to SEK 4,033 M (3,825) - Net commission income amounted to SEK 1,300 M (1,477) - Net profit on financial operations amounted to SEK 194 M (243) - Expenses decreased to SEK 3,398 M (3,463) - Loan losses decreased to SEK 390 M (435) Audit report This interim report has not been reviewed by the Bank's auditors. Stockholm, April 29, 2003 ForeningsSparbanken AB (publ) Birgitta Johansson-Hedberg, President and Chief Executive Officer For further information, please contact: Nils-Fredrik Nyblaeus, Deputy President, Accounting and Finance, phone + 46 8 5859 2532 Jonas Blomberg, Head of Investor Relations phone + 46 8 5859 3322, + 46 702 650 133
Financial information 2003
The Group's financial reports can be obtained or ordered on ForeningsSparbanken's home page at http://www. foreningssparbanken.se/ir or at the nearest branch of ForeningsSparbanken.
ForeningsSparbanken will publish interim reports on the following dates:
Interim report January - June 2003 on August 22, 2003
Interim report January - September 2003 on October 24, 2003
This information was brought to you by Waymaker http://www.waymaker.net
The The full report is available for download:
http://www.waymaker.net/bitonline/2003/04/29/20030429BIT00040/wkr0001.doc
http://www.waymaker.net/bitonline/2003/04/29/20030429BIT00040/wkr0002.pdf