Swedbank announced its Q415 earnings release this morning: Revenues are in line with expectations (good news being net interest income and net fees and commissions are in line as well). With expenses in line but loan losses much higher than expected, profit before taxe came short of expectations (-3.5%).
03 Feb 2016
Mixed earnings results...
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Mixed earnings results...
Swedbank AB Class A (FRYA:FRA) | 0 0 0.3% | Mkt Cap: 233,306m
- Published:
03 Feb 2016 -
Author:
Farhad Moshiri -
Pages:
2
Swedbank announced its Q415 earnings release this morning: Revenues are in line with expectations (good news being net interest income and net fees and commissions are in line as well). With expenses in line but loan losses much higher than expected, profit before taxe came short of expectations (-3.5%).