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
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
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