Swedbank’s interim report for the third quarter...

Summary by AI BETAClose X

Swedbank reported its third-quarter 2026 interim results, showing a profit before tax of SEK 10,541 million, a 15% increase from the previous quarter, and a profit for the period of SEK 8,249 million, also up 15% quarter-on-quarter. Total income for the quarter was SEK 17,986 million, a 1% decrease from Q2 2026, driven by a 43% decline in net gains and losses on financial items, though net interest income rose 3% and net commission income increased by 5%. For the first nine months of 2026, profit before tax decreased by 7% to SEK 29,048 million compared to the same period in 2025, while total income grew 3% to SEK 53,164 million. The bank also noted approvals of credit risk models in Sweden and the Baltics and maintained its position as the most loved brand in the Baltics for the eighth consecutive year.

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SWEDBANK AB (81BO)
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