Swedbank AB (publ)

God förmiddag och varmt välkomna till Landsvägen 40 och Swedbanks huvudkontor. Vi har nu under morgonen presenterat vårt resultat för det tredje kvartalet 2025 och nu följer en sedvanlig pressträff som inleds av en presentation med Swedbanks vd och koncernchef Jens Henriksson. Varsågod.

Thank you very much, Hannes, and a warm welcome to this press conference. Can you lower the volume? It sounds a lot when I talk. Well, then. Swedbank again delivers a strong result in an uncertain environment. The geopolitical situation, continued uncertainty about stocks and trade, as well as the increased concern about weak state finances, are slowing global growth. Two times a year, the world's economic and political decision-makers meet at IMF's International Monetary Fund. And the starting point for their meeting is the publication World Economic Outlook, which about a week ago had as a heading, and now I quote, Global Economy in Flux, Prospects Remain Grim. A global economy in change, still dark views, end quote. With that said, our four home markets have healthy foundations. They have strong state finances, low state debt, innovative companies, profitable banks and low interest rates. In Sweden, we can see signs of a lightening. Swedbank's economists believe in an increase of over 2% next year, while the Swedish government is more positive and lands on 3%. In Estonia, the economic development is still dampened and we see a certain recovery in Lettland. The development in Lithuania continues to be strong. In this uncertain time, Swedbank stands strong and is well positioned for sustainable growth and profitability. Today, we can predict a drop in its own capital by 16% and a profit per share of SEK 7.53 over the third quarter. Under kvartalet ökade intäkterna medan kostnaderna sjönk. Vår relation mellan kostnader och intäkter var 0,35. Strikt kostnadskontroll ger resultat. Vi har en konservativ och noggrann kreditgivningsprocess och under kvartalet ser vi återföringar. Vi har en robust förmåga att generera kapital och vi har en mycket stark kapital- och likviditetsposition. Under kvartalet så höjde Standard & Poor's vårt kreditbetyg. I sitt beslut lyfter de fram Swedbank's förbättrade styrning, regelefterlevnad och riskhantering. Under kvartalet har dessutom den amerikanska myndigheten SEC avslutat sin utredning av bankens historiska tillkortakommande utan åtgärder. We deliver, according to our plan, Swedbank 1527, which focuses on three areas. Strong customer interactions, increased volumes and improved efficiency. Our customer focus gives results. We have further improved availability in Sweden during the quarter and 70% of incoming calls were answered within three minutes. This means that we are approaching our target of at least 80%. We are continuously working to improve our digital customer service and we see that more and more customers choose to manage their daily banking affairs digitally via our app or our internet bank. Vi har också ökat vår effektivitet. Vår personal kan ägna mer tid till att möta kund och mindre till administration, bland annat genom nya AI-verktyg. Vi ser också att antalet rådgivningstillfällen per anställd har ökat. During the quarter, we lowered the housing loan interest rates due to lowered government and market interest rates. And the loan within the housing loan increased by 5.2 billion kronor. The housing loan in Sweden through its own channels stood for 4.2 billion kronor. The loan from private customers was stable, and we continue to be close to our customers and provide advice. Strengthening our customers' financial savings is an important task for the bank, and savings and pensions continue to develop positively. Swedbank Robur saw a net inflow of 9 billion kronor on our four home markets. As Augusti announced, we want to acquire the remaining part of Entercard and thus form the largest card business in the Nordic-Baltic region. All to develop our business and strengthen our customer service. In Lithuania, the corporate climate is still strong. In Sweden, Estonia and Latvia, there is a gradually increasing economic activity, but from low levels. During the quarter, the company's loan in the bank increased by 7 billion kronor. Våra kunder visar en stor efterfrågan för hållbara investeringar. 36 % av de obligationer vi arrangerade under kvartalet klassificerades som hållbara. Vårt register för hållbara tillgångar har passerat 150 miljarder kronor. We now own 20% of the investment bank SP1 Markets. During the quarter, they started their business in Sweden. This is an important step in further developing our offer to corporate customers. In addition, our customers get access to an increased supply of stock analysis. And on the Baltic markets, we launched the short payment function Click2Pay, a safe and easy service that simplifies payments. Let me now sum up the quarter. Swedbank delivers again a strong result in an uncertain time. Income increases, costs decrease and we make returns on credit reservations. The drop in our own capital for Q3 is 16%, the QE is 0.35%, the credit quality is solid and our capital buffer is very strong at 4.8%. Swedbank stands strong and is well positioned for continued sustainable growth and profitability. We continue to deliver according to our plan Swedbank 1527 with a focus on three areas, strong customer interactions, Increased volumes and increased efficiency. We create value for our customers and our owners. And the future of our customers is our focus. Thank you for coming in. And with that, shall I return the word to you, Hannes? Or can you do it?

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