Pörssitiedote

Swedbank's interim report for the first quarter 2026

Swedbank's President and CEO Jens Henriksson comments: "Swedbank starts 2026 with a stable first quarter"

A stable result in an uncertain external environment
Reorganisations for stronger customer focus and growing volumes
Structural improvements are the next step for growth and efficiency

Financial information	Q1	Q4		Q1
SEKm	2026	2025	%	2025	%
Total income	17 073	17 340	-2	17 329	-1
Net interest income	11 147	10 775	3	11 489	-3
Net commission income	4 172	4 249	-2	4 052	3
Net gains and losses on financial items	689	982	-30	541	27
Other income¹	1 064	1 334	-20	1 247	-15
Total expenses	6 881	6 268	10	6 115	13
Profit before impairments, bank taxes and resolution fees	10 192	11 072	-8	11 214	-9
Credit impairments	164	355	-54	-141
Bank taxes and resolution fees	672	713	-6	929	-28
Profit before tax	9 356	10 004	-6	10 425	-10
Tax expense	2 011	1 838	9	2 229	-10
Profit for the period	7 345	8 166	-10	8 196	-10

Earnings per share, SEK, after dilution	6.50	7.22		7.26
Return on equity, %	13.3	14.7		15.2
C/I ratio	0.40	0.36		0.35
Common Equity Tier 1 capital ratio, %	17.5	17.8		19.7
Credit impairment ratio, %	0.03	0.07		-0.03
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.

Contact

Maria Caneman, Head of Investor Relations
Phone: +46 72 238 32 10
E-mail: maria.caneman@swedbank.se

Hannes Mård, Head of Press
Phone: +46 73 057 41 95
Email: hannes.mard@swedbank.se

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, 29 April 2026, at 07:00 CEST.