Swedbank AB operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Swedbank AB with three other
banks in Europe:
sales of 5.65 billion Euro [US$6.06 billion]
Svenska Handelsbanken AB
(57.31 billion Swedish Kronor [US$6.45 billion]
of which 35%
was Home Markets Sweden), and
Turkiye Garanti Bankasi A.S.
based in Turkey
(24.21 billion Turkish Liras [US$6.44 billion]
of which 49%
Swedbank AB reported sales of SEK 53.71 billion (US$6.05 billion)
December of 2015.
decrease of 15.6%
versus 2014, when the company's sales were SEK 63.64 billion.
Contributing to the drop in overall sales was the 51.4% decline
in Group Functions, from SEK 2.91 billion to SEK 1.41 billion.
There were also decreases in sales in
Large Corporates and Institutions (down 3.3% to SEK 7.49 billion)
However, these declines were partially offset by the increase in sales of
Swedish Banking (up 3.5% to SEK 22.55 billion)
Baltic Banking (up 3.0% to SEK 6.29 billion)