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On 22 October 2026, Swedbank AB published its interim report for the third quarter of 2026. For Q3 2026, the bank recorded total income of SEK 17,986 million and a profit for the period of SEK 8,249 million, up 15% from SEK 7,195 million in Q2 2026. Diluted earnings per share for the quarter reached SEK 7.30, bringing total profit for the first nine months of 2026 to SEK 22,789 million with a Common Equity Tier 1 capital ratio of 17.2%.
| Date | 22 Oct 2026 |
| Time | 07:00:03 |
| Category | Miscellaneous |
| ID | 9520Z |
22 October 2026
Swedbank's President and CEO Jens Henriksson comments: " Proactive work close to our customers creates business momentum."
· Positive business climate and strong result for the quarter
· Approvals of credit risk models in Sweden and the Baltics
· Most loved brand in the Baltics for the eighth consecutive year
http://www.rns-pdf.londonstockexchange.com/rns/9520Z_1-2026-10-21.pdf
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Financial information |
Q3 |
Q2 |
|
Jan-Sep |
Jan-Sep |
|
|
SEKm |
2026 |
2026 |
% |
2026 |
2025 |
% |
|
Total income |
17 986 |
18 104 |
-1 |
53 164 |
51 396 |
3 |
|
Net interest income |
11 568 |
11 276 |
3 |
33 991 |
33 225 |
2 |
|
Net commission income |
4 704 |
4 462 |
5 |
13 338 |
12 071 |
10 |
|
Net gains and losses on financial items |
601 |
1 060 |
-43 |
2 350 |
2 245 |
5 |
|
Other income¹ |
1 114 |
1 306 |
-15 |
3 484 |
3 855 |
-10 |
|
Total expenses |
7 417 |
7 854 |
-6 |
22 153 |
18 264 |
21 |
|
of which extraordinary costs² |
673 |
860 |
-22 |
1 533 |
0 |
|
|
of which VAT reimbursements² |
0 |
0 |
|
0 |
-576 |
|
|
Profit before impairments, bank taxes and resolution fees |
10 569 |
10 250 |
3 |
31 011 |
33 131 |
-6 |
|
Impairment of tangible and intangible assets |
0 |
0 |
|
0 |
0 |
-98 |
|
Credit impairments² |
-701 |
313 |
|
-224 |
-389 |
-42 |
|
Bank taxes and resolution fees |
730 |
786 |
-7 |
2 188 |
2 269 |
-4 |
|
Profit before tax |
10 541 |
9 151 |
15 |
29 048 |
31 251 |
-7 |
|
Tax expense |
2 292 |
1 956 |
17 |
6 258 |
6 657 |
-6 |
|
Profit for the period |
8 249 |
7 195 |
15 |
22 789 |
24 593 |
-7 |
|
|
|
|
|
|
|
|
|
Earnings per share, SEK, after dilution |
7.30 |
6.37 |
|
20.16 |
21.77 |
|
|
Return on equity, % |
15.6 |
14.2 |
|
14.2 |
15.4 |
|
|
Return on equity adjusted, %² |
16.0 |
15.5 |
|
14.8 |
15.1 |
|
|
C/I ratio |
0.41 |
0.43 |
|
0.42 |
0.36 |
|
|
C/I ratio adjusted² |
0.37 |
0.39 |
|
0.39 |
0.37 |
|
|
Common Equity Tier 1 capital ratio, % |
17.2 |
17.4 |
|
17.2 |
19.7 |
|
|
Credit impairment ratio, % |
-0.14 |
0.06 |
|
-0.01 |
-0.03 |
|
|
Full-time employees |
17 235 |
17 293 |
|
17 235 |
16 698 |
|
|
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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2) See the tables Adjusting items on page 6 and 7. |
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Maria Caneman, Head of Investor Relations
Phone: +46 72 238 32 10
E-mail: [email protected]
Hannes Mård, Head of Press
Phone: +46 73 057 41 95
Email: [email protected]
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, 22 October 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