REG - Swedbank AB - Swedbank's interim report first quarter 2026

Swedbank ABAnnouncement

29/04/2026 08:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260429:nRSc2868Ca&default-theme=true

RNS Number : 2868C  Swedbank AB  29 April 2026

29 April 2026

Swedbank's interim report for the first quarter 2026

Swedbank's President and CEO Jens Henriksson comments: "Swedbank starts 2026
with a stable first quarter"

·    A stable result in an uncertain external environment

·    Reorganisation for stronger customer focus and growing volumes

·    Structural improvements are the next step for growth and efficiency

 

 Financial information                                      Q1      Q4           Q1
 SEKm                                                       2026    2025    %    2025    %
 Total income                                               17 073  17 340  -2   17 329  -1
 Net interest income                                        11 147  10 775  3    11 489  -3
 Net commission income                                      4 172   4 249   -2   4 052   3
 Net gains and losses on financial items                    689     982     -30  541     27
 Other income¹                                              1 064   1 334   -20  1 247   -15
 Total expenses                                             6 881   6 268   10   6 115   13
 Profit before impairments, bank taxes and resolution fees  10 192  11 072  -8   11 214  -9
 Credit impairments                                         164     355     -54  -141
 Bank taxes and resolution fees                             672     713     -6   929     -28
 Profit before tax                                          9 356   10 004  -6   10 425  -10
 Tax expense                                                2 011   1 838   9    2 229   -10
 Profit for the period                                      7 345   8 166   -10  8 196   -10

 Earnings per share, SEK, after dilution                    6.50    7.22         7.26
 Return on equity, %                                        13.3    14.7         15.2
 C/I ratio                                                  0.40    0.36         0.35
 Common Equity Tier 1 capital ratio, %                      17.5    17.8         19.7
 Credit impairment ratio, %                                 0.03    0.07         -0.03
 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.

 

http://www.rns-pdf.londonstockexchange.com/rns/2868C_1-2026-4-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2868C_1-2026-4-28.pdf)

 

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, 29 April 2026, 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
(http://www.swedbank.com)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  QRFDVLFLQZLBBBE



            Copyright 2019 Regulatory News Service, all rights reserved