Skandiabanken (SBANK) Q3 2026 earnings summary

Executive summary

• Jan-Sep 2026 premiums reached SEK 35.0bn, up 4% YoY; assets under management rose to SEK 951bn from SEK 889bn at year-end 2025.

• Traditional life portfolio total return was 7.4%; the bonus rate was raised twice in Q3 to 8% from September 1.

Financial highlights

• Group premiums were SEK 35.002bn vs SEK 33.666bn in Jan-Sep 2025; assets under management were SEK 951.464bn vs SEK 876.846bn.

• Life business premiums were SEK 19.480bn vs SEK 18.861bn; managed capital was SEK 660.800bn vs SEK 622.846bn.

• Fund insurance premiums were SEK 15.522bn vs SEK 14.805bn; assets under management were SEK 236.122bn vs SEK 205.538bn.

Outlook and guidance

• Climate targets were validated by the Science Based Targets initiative in October, after quarter-end, as part of the long-term transition effort aligned with Paris Agreement goals.

• Stockholm headquarters relocation to Odenplan is planned for 2029; Skandia Fastigheter is constructing a new building with high sustainability ambitions.