2026-10-22 07:00
Swedbank’s interim report for the third quarter 2026
Swedbank's President and CEO Jens Henriksson comments: "Proactive work close to our customers creates business momentum."
- Positive business climate and strong result for the quarter
- Approvals of credit risk models in Sweden and the Baltics
- Most loved brand in the Baltics for the eighth consecutive year
| Financial information | Q3 | Q2 | Jan-Sep | Jan-Sep | ||
| SEKm | 2026 | 2026 | % | 2026 | 2025 | % |
| Total income | 17 986 | 18 104 | -1 | 53 164 | 51 396 | 3 |
| Net interest income | 11 568 | 11 276 | 3 | 33 991 | 33 225 | 2 |
| Net commission income | 4 704 | 4 462 | 5 | 13 338 | 12 071 | 10 |
| Net gains and losses on financial items | 601 | 1 060 | -43 | 2 350 | 2 245 | 5 |
| Other income¹ | 1 114 | 1 306 | -15 | 3 484 | 3 855 | -10 |
| Total expenses | 7 417 | 7 854 | -6 | 22 153 | 18 264 | 21 |
| of which extraordinary costs² | 673 | 860 | -22 | 1 533 | 0 | |
| of which VAT reimbursements² | 0 | 0 | 0 | -576 | ||
| Profit before impairments, bank taxes and resolution fees | 10 569 | 10 250 | 3 | 31 011 | 33 131 | -6 |
| Impairment of tangible and intangible assets | 0 | 0 | 0 | 0 | -98 | |
| Credit impairments² | -701 | 313 | -224 | -389 | -42 | |
| Bank taxes and resolution fees | 730 | 786 | -7 | 2 188 | 2 269 | -4 |
| Profit before tax | 10 541 | 9 151 | 15 | 29 048 | 31 251 | -7 |
| Tax expense | 2 292 | 1 956 | 17 | 6 258 | 6 657 | -6 |
| Profit for the period | 8 249 | 7 195 | 15 | 22 789 | 24 593 | -7 |
| Earnings per share, SEK, after dilution | 7.30 | 6.37 | 20.16 | 21.77 | ||
| Return on equity, % | 15.6 | 14.2 | 14.2 | 15.4 | ||
| Return on equity adjusted, %² | 16.0 | 15.5 | 14.8 | 15.1 | ||
| C/I ratio | 0.41 | 0.43 | 0.42 | 0.36 | ||
| C/I ratio adjusted² | 0.37 | 0.39 | 0.39 | 0.37 | ||
| Common Equity Tier 1 capital ratio, % | 17.2 | 17.4 | 17.2 | 19.7 | ||
| Credit impairment ratio, % | -0.14 | 0.06 | -0.01 | -0.03 | ||
| Full-time employees | 17 235 | 17 293 | 17 235 | 16 698 | ||
| 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) See the tables Adjusting items on page 6 and 7. | ||||||
Contact
Maria Caneman, Head of Investor Relations
Phone: +46 72 238 32 10
E-mail: maria.caneman@swedbank.se
Hannes Mård, Head of Press
Phone: +46 73 057 41 95
Email: hannes.mard@swedbank.se
This information constitutes inside information that Swedbank is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person set out above, 22 October 2026, at 07:00 CEST.