Today, Swedbank (SWDBY) (SWDBF) reported 1Q19 results. This was interesting because:
- It's the first financial report since the blossoming of the scandal that's led to a ~40% drop in the company share price over the past few months.
- It sets some of the tone for how the bank intends to act going forward, in terms of levied accusations.
- It provides some indications on how Swedbank customers are going to react/act going forward.
Let's head straight into it and see where we are.
(Source: Östsvenska Handelskammaren)
1Q19 - Results are positive
So, let's get this