Swedbank's interim report for the third quarter 2026
Key Highlights
- ➤Q3 profit 8,249 SEKm, up 15% year over year
- ➤Net interest income 11,568 SEKm, up 3% year over year
- ➤Net commission income 4,704 SEKm, up 5% year over year
- ➤Swedish and Baltic credit risk model approvals completed
- ➤CET1 capital ratio 17.2%, down from 17.4% in Q2
Expert Statements
Jens Henriksson, President and CEO of Swedbank
“Proactive work close to our customers creates business momentum.”
Swedbank 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
Financial informationQ3Q2Jan-SepJan-Sep SEKm20262026 %20262025 % Total income17 98618 104 -153 16451 396 3 Net interest income11 56811 276 333 99133 225 2 Net commission income4 7044 462 513 33812 071 10 Net gains and losses on financial items6011 060 -432 3502 245 5 Other income¹1 1141 306 -153 4843 855 -10 Total expenses7 4177 854 -622 15318 264 21 of which extraordinary costs²673860 -221 5330 of which VAT reimbursements²000-576 Profit before impairments, bank taxes and resolution fees10 56910 250 331 01133 131 -6 Impairment of tangible and intangible assets0000 -98 Credit impairments²-701313-224-389 -42 Bank taxes and resolution fees730786 -72 1882 269 -4 Profit before tax10 5419 151 1529 04831 251 -7 Tax expense2 2921 956 176 2586 657 -6 Profit for the period8 2497 195 1522 78924 593 -7 Earnings per share, SEK, after dilution7.306.3720.1621.77 Return on equity, %15.614.214.215.4 Return on equity adjusted, %²16.015.514.815.1 C/I ratio0.410.430.420.36 C/I ratio adjusted²0.370.390.390.37 Common Equity Tier 1 capital ratio, %17.217.417.219.7 Credit impairment ratio, %-0.140.06-0.01-0.03 Full-time employees17 23517 29317 23516 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. 2) See the tables Adjusting items on page 6 and 7. Contact Maria Caneman, Head of Investor Relations Phone: +46 72 238 32 10 E-mail: maria.caneman@swedbank.se
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