Swedbank AB: Swedbank's interim report for the second quarter 2026

17 July 2026

Swedbank's President and CEO Jens Henriksson comments: "Swedbank stands strong and is well positioned for sustainable growth and profitability"

• Strong volume growth in all home markets
• New organisation contributes to delivery of the financial plan 15/27
• Settlement with DFS - all investigations of historical shortcomings closed

Financial information	Q2	Q1		Jan-Jun	Jan-Jun
SEKm	2026	2026	%	2026	2025	%
Total income	18 104	17 073	6	35 178	34 291	3
Net interest income	11 276	11 147	1	22 423	22 406	0
Net commission income	4 462	4 172	7	8 634	7 954	9
Net gains and losses on financial items	1 060	689	54	1 749	1 398	25
Other income¹	1 306	1 064	23	2 371	2 533	-6
Total expenses	7 854	6 881	14	14 736	12 234	20
of which extraordinary costs	860	0		860	0
of which VAT reimbursements	0	0		0	-379
Profit before impairments, bank taxes and resolution fees	10 250	10 192	1	20 442	22 057	-7
Impairment of tangible and intangible assets	0	0		0	0	-99
Credit impairments	313	164	90	477	9
Bank taxes and resolution fees	786	672	17	1 458	1 606	-9
Profit before tax	9 151	9 356	-2	18 506	20 441	-9
Tax expense	1 956	2 011	-3	3 967	4 360	-9
Profit for the period	7 195	7 345	-2	14 540	16 082	-10
Earnings per share, SEK, after dilution	6.37	6.50		12.86	14.24
Return on equity, %	14.2	13.3		13.6	15.2
Return on equity excl. adjusted, %²	15.5	13.3		14.3	14.8
C/I ratio	0.43	0.40		0.42	0.36
C/I ratio excl. adjusted²	0.39	0.40		0.39	0.37
Common Equity Tier 1 capital ratio, %	17.4	17.5		17.4	19.7
Credit impairment ratio, %	0.06	0.03		0.05	0.00
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) Adjusted for VAT reimbursments in 2025 and for extraordinary costs in the second quarter of 2026.

Contact

Maria Caneman, Head of Investor Relations
Phone: [phone]
E-mail: [e-mail]

Love Liman Jacobsson, Press Officer
Phone: [phone]
Email: [e-mail]

This information constitutes inside information and such information that Swedbank AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU no 596/2014) and the Securities Market Act (2007: 528). The information was submitted for publication, through the agency of the contact person set out above, 17 July, 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: www.swedbank.com