Interim Report January- September

Third quarter 2013
Compared with second quarter 2013

  · The result for the quarter for continuing operations was SEK 4 187m (3 478)
  · Earnings per share for continuing operations amounted to SEK 3.82 (3.16)
before dilution and SEK 3.79 (3.15) after dilution
  · The return on equity for continuing operations was 16.2 per cent (14.1)
  · The cost/income ratio was 0.43 (0.46)
  · Net interest income amounted to SEK 5 641m (5 409)
  · Profit before impairments increased by 8 per cent to SEK 5 230m (4 853)
  · Swedbank reported net recoveries of SEK 56m (credit impairments of SEK 88m)
  · The Common Equity Tier 1 ratio was 18.8 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 18.0*** per cent (15.4 per cent on 31 December 2012).

January - September 2013
Compared with January - September 2012

  · The result for the period for continuing operations amounted to SEK 11 581m
(10 872)
  · Earnings per share for continuing operations amounted to SEK 10.55* (9.91)
before dilution and SEK 10.48* (9.87) after dilution
  · 'The return on equity for continuing operations was 15.2 per cent (15.0)´
  · The cost/income ratio was 0.45 (0.46)
  · Net interest income increased by 9 per cent to SEK 16 403m (15 015)
  · Profit before impairments increased by 5 per cent to SEK 15 122m (14 413)
  · Swedbank reported net credit impairments of SEK 92m (net recoveries of SEK
109m)

* Without deducting the preference share dividend, earnings per share for the
first quarter 2013 were SEK 1.99 for continuing operations after dilution. The
calculations are specified on page 49.
** 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.