REG - Swedbank AB - Swedbank’s interim report for Q2 2025

Swedbank ABAnnouncement

17/07/2025 08:15

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RNS Number : 3874R  Swedbank AB  17 July 2025

 

Press Release

 

17 July 2025

 

Swedbank's interim report for the second quarter 2025

Swedbank´s President and CEO Jens Henriksson comments:" Swedbank has once
again delivered a strong result".

 

·    Return on equity 15.4%

·    Solid credit quality

·    Further improved availability via telephone in Sweden during the
quarter

 

 Financial information                                        Q2          Q1                 Jan-Jun     Jan-Jun
 SEKm                                                         2025        2025        %      2025        2024        %
 Total income                                                 16 962      17 329      -2     34 291      36 324      -6
 Net interest income                                          10 917      11 489      -5     22 406      24 764      -10
 Net commission income                                        3 902       4 052       -4     7 954       8 145       -2
 Net gains and losses on financial items                      856         541         58     1 398       1 593       -12
 Other income¹                                                1 286       1 247       3      2 533       1 822       39
 Total expenses                                               6 119       6 115       0      12 234      12 650      -3
 Profit before impairments, bank taxes and resolution fees    10 843      11 214      -3     22 057      23 674      -7
 Impairment of tangible and intangible assets                 0           0                  0           32          -99
 Credit impairments                                           150         -141               9           -145
 Bank taxes and resolution fees                               677         929         -27    1 606       2 149       -25
 Profit before tax                                            10 016      10 425      -4     20 441      21 637      -6
 Tax expense                                                  2 130       2 229       -4     4 360       4 614       -6
 Profit for the period                                        7 886       8 196       -4     16 082      17 023      -6

 Earnings per share, SEK, after dilution                      6.99        7.26               14.24       15.08
 Return on equity, %                                          15.4        15.2               15.2        17.1
 C/I ratio                                                    0.36        0.35               0.36        0.35
 Common Equity Tier 1 capital ratio, %                        19.7        19.7               19.7        20.1
 Credit impairment ratio, %                                   0.03        -0.03              0.00        -0.01
 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.

 

The full report can be downloaded here:

http://www.rns-pdf.londonstockexchange.com/rns/3874R_1-2025-7-16.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/3874R_1-2025-7-16.pdf)

For further information, please contact:

Maria Caneman, Head of Investor Relations, phone: +46 72 238 3210 email:
maria.caneman@swedbank.se (mailto:maria.caneman@swedbank.se)

Hannes Mård, Head of Press, phone +46 73 057 4195, e-mail:
hannes.mard@swedbank.se (mailto:hannes.mard@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, July 17 2025, 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: www.swedbank.com

 

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