Swedbank's interim report first quarter 2026

Summary by AI BETAClose X

Swedbank reported a stable first quarter for 2026, with total income at SEK 17,073 million, a 2% decrease from the previous quarter and a 1% decrease year-on-year. Net interest income increased by 3% to SEK 11,147 million compared to the prior quarter, while net commission income saw a 2% decline. Profit before tax was SEK 9,356 million, down 6% from the previous quarter and 10% from the same period in 2025. Profit for the period was SEK 7,345 million, a 10% decrease both sequentially and year-on-year. Earnings per share after dilution stood at SEK 6.50, and the Common Equity Tier 1 capital ratio was 17.5%. The bank is undertaking a reorganisation for stronger customer focus and is planning structural improvements for future growth and efficiency.

Disclaimer*

Companies

SWEDBANK AB (81BO)
UK 100

Latest directors dealings