Swedbank AB
17 July 2026
17 July 2026
Swedbank's interim report for the second quarter 2026
Swedbank's President and CEO Jens Henriksson comments: "Swedbank stands strong and is well positioned for sustainable growth and profitability"
· Strong volume growth in all home markets
· New organisation contributes to delivery of the financial plan 15/27
· Settlement with DFS - all investigations of historical shortcomings closed
http://www.rns-pdf.londonstockexchange.com/rns/7186M_1-2026-7-16.pdf
|
Financial information |
Q2 |
Q1 |
Jan-Jun |
Jan-Jun |
||
|
SEKm |
2026 |
2026 |
% |
2026 |
2025 |
% |
|
Total income |
18 104 |
17 073 |
6 |
35 178 |
34 291 |
3 |
|
Net interest income |
11 276 |
11 147 |
1 |
22 423 |
22 406 |
0 |
|
Net commission income |
4 462 |
4 172 |
7 |
8 634 |
7 954 |
9 |
|
Net gains and losses on financial items |
1 060 |
689 |
54 |
1 749 |
1 398 |
25 |
|
Other income¹ |
1 306 |
1 064 |
23 |
2 371 |
2 533 |
-6 |
|
Total expenses |
7 854 |
6 881 |
14 |
14 736 |
12 234 |
20 |
|
of which extraordinary costs |
860 |
0 |
860 |
0 |
||
|
of which VAT reimbursements |
0 |
0 |
0 |
-379 |
||
|
Profit before impairments, bank taxes and resolution fees |
10 250 |
10 192 |
1 |
20 442 |
22 057 |
-7 |
|
Impairment of tangible and intangible assets |
0 |
0 |
0 |
0 |
-99 |
|
|
Credit impairments |
313 |
164 |
90 |
477 |
9 |
|
|
Bank taxes and resolution fees |
786 |
672 |
17 |
1 458 |
1 606 |
-9 |
|
Profit before tax |
9 151 |
9 356 |
-2 |
18 506 |
20 441 |
-9 |
|
Tax expense |
1 956 |
2 011 |
-3 |
3 967 |
4 360 |
-9 |
|
Profit for the period |
7 195 |
7 345 |
-2 |
14 540 |
16 082 |
-10 |
|
Earnings per share, SEK, after dilution |
6.37 |
6.50 |
12.86 |
14.24 |
||
|
Return on equity, % |
14.2 |
13.3 |
13.6 |
15.2 |
||
|
Return on equity excl. adjusted, %² |
15.5 |
13.3 |
14.3 |
14.8 |
||
|
C/I ratio |
0.43 |
0.40 |
0.42 |
0.36 |
||
|
C/I ratio excl. adjusted² |
0.39 |
0.40 |
0.39 |
0.37 |
||
|
Common Equity Tier 1 capital ratio, % |
17.4 |
17.5 |
17.4 |
19.7 |
||
|
Credit impairment ratio, % |
0.06 |
0.03 |
0.05 |
0.00 |
||
|
1) Other income includes the items Net insurance, Share of profit or loss of associates and joint ventures, and Other income from the Group income statement. |
||||||
|
2) Adjusted for VAT reimbursments in 2025 and for extraordinary costs in the second quarter of 2026. |
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Contact:
Maria Caneman, Head of Investor Relations
Phone: +46 72 238 32 10
E-mail: maria.caneman@swedbank.se
Love Liman Jacobsson, Press Officer
Phone: +46 72 233 92 32
Email: love.liman.jacobsson@swedbank.se
This information constitutes inside information and such information
that Swedbank AB (publ) is obliged to make public pursuant to the EU
Market Abuse Regulation (EU no 596/2014) and the Securities
Market Act (2007: 528). The information was submitted for publication, through the agency of the contact person set out above, 17 July, at 07:00 CEST.
Swedbank empowers the many people and businesses to create a better future. Our vision is a financially sound and sustainable society. Swedbank Group is the leading bank with over 7 million retail customers and 550 000 corporate customers in our four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank Group is also present in other Nordic countries, the U.S. and China. Together we make your financial life easier. Find out more: swedbank.com
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