Swedbank's interim report first quarter 2026
Source: RNS
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. |
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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.
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