Swedbank delivered strong financial results with a high return on equity and effective cost control. The acquisition of Stabelo and growth in the Baltic region were notable achievements. However, decreased net interest and commission income, along with increased tax rates in the Baltics, presented challenges.

Company Guidance -

Q3 2025

In the second quarter of 2025, Swedbank delivered a robust financial performance amidst global economic uncertainties, with a reported return on equity of 15.4% and earnings per share of SEK 6.99. The bank's net interest income saw a decline due to falling interest rates, while net commission income also fell, influenced by lower average stock market performance. However, seasonally higher card commissions provided a positive offset. Credit impairments were reported at SEK 150 million, reflecting strong credit quality. The bank maintained a strong capital position, with a CET1 capital ratio of 19.7% and a capital buffer of 4.5 percentage points. Swedbank's priorities, as presented during their Investor Day, include delivering a sustainable return on equity of at least 15% with a cost-to-income ratio not exceeding SEK 0.4. The bank also announced the acquisition of Stabelo, a fully digital mortgage company, to better serve younger and digital-savvy customers. Swedbank's liquidity and credit quality remain robust, and the bank is committed to strengthening customer interactions, growing volumes, and increasing efficiency across its operations.

Strong Return on Equity

Swedbank reported a return on equity of 15.4% for the second quarter.

Increased Mortgage Volumes

Mortgage volumes in Sweden increased by SEK 2 billion during the quarter.

Successful Cost Control

Costs remained at the same level as in the first quarter, with a cost-to-income ratio of SEK 0.36.

Robust Capital Position

Swedbank maintained a strong capital buffer with a CET1 capital ratio of 19.7%.

Stabelo Acquisition

Swedbank announced the acquisition of the fully digital mortgage company, Stabelo, to enhance its mortgage offerings.

Solid Credit Quality

Credit quality remained solid with credit impairments of SEK 150 million reported for the quarter.

Increased Lending in the Baltics

Private and corporate lending in the Baltic region increased by SEK 4 billion each during the quarter.

Positive Developments in Sustainable Finance

The sustainable asset register grew by SEK 6 billion, reaching SEK 142 billion.

Swedbank AB (SWDBY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SWDBY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.67 / -	0.782	―	―	―
Jul 17, 2025	2025 (Q2)	0.67 / 0.72	0.717	-0.14% (>-0.01)
Apr 29, 2025	2025 (Q1)	0.68 / 0.75	0.684	10.09% (+0.07)
Jan 23, 2025	2024 (Q4)	0.59 / 0.68	0.709	-4.09% (-0.03)
Oct 23, 2024	2024 (Q3)	0.68 / 0.78	0.724	8.01% (+0.06)
Jul 16, 2024	2024 (Q2)	0.67 / 0.72	0.793	-9.58% (-0.08)
Apr 25, 2024	2024 (Q1)	0.69 / 0.68	0.651	5.07% (+0.03)
Jan 24, 2024	2023 (Q4)	0.69 / 0.71	0.578	22.66% (+0.13)
Oct 26, 2023	2023 (Q3)	0.69 / 0.72	0.467	55.03% (+0.26)
Jul 18, 2023	2023 (Q2)	0.68 / 0.79	0.41	93.41% (+0.38)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SWDBY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 17, 2025	$25.01	$25.11	+0.40%
Apr 29, 2025	$23.53	$24.32	+3.36%
Jan 23, 2025	$20.00	$20.80	+4.00%
Oct 23, 2024	$18.32	$19.10	+4.26%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Swedbank AB (SWDBY) report earnings?

Swedbank AB (SWDBY) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Swedbank AB (SWDBY) earnings time?

Swedbank AB (SWDBY) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SWDBY EPS forecast?

SWDBY EPS forecast for the fiscal quarter 2025 (Q3) is 0.67.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing