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Swedbank's interim report for the second quarter 2026

SWED ARegulatory press release2026-07-17 07:00
Download the release

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
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: maria.caneman@swedbank.se

Love Liman Jacobsson, Press Officer
Phone: +46 72 233 92 32
Email: love.liman.jacobsson@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, 17 July, at 07:00 CEST.