0745 GMT - Swedbank's print beat consensus expectations, with its dividend per share and net interest income continuing to surprise, Jefferies says in a note after the Swedish banking group posted fourth-quarter results. Net interest income was the key positive as it surpassed views and was marginally up on-quarter, while the dividend was 35% higher as the bank lifted its payout policy, analysts Alexander Demetriou and Joseph Dickerson write. Its common equity tier 1 ratio remains strong with a buffer of 460 basis points, largely ahead of its target of 200 basis points.(elena.vardon@wsj.com)
(END) Dow Jones Newswires
January 23, 2025 02:46 ET (07:46 GMT)
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