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. |
Contact:
Maria Caneman, Head of Investor Relations
Phone: +46 72 238 32 10
E-mail: [email protected]
Love Liman Jacobsson, Press Officer
Phone: +46 72 233 92 32
Email: [email protected]
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.
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