Swedbank (SWED) Investor presentation summary

Strategic direction and sustainability

• Focus on empowering people and businesses for a financially sound and sustainable society, with values of openness, simplicity, and caring.

• Targets carbon neutrality by 2050, with interim goals for emissions reduction and sustainable lending growth by 2027 and 2030.

• Lending portfolio climate targets include significant emission intensity reductions across mortgages, commercial real estate, oil & gas, power generation, steel, and shipping by 2030.

Financial performance Q2 2026

• Total income reached SEK 18.1bn, up 6% quarter-on-quarter; net profit was SEK 7.2bn.

• Return on equity at 14.2%, cost/income ratio at 0.43, and credit impairment ratio at 6 bps.

• CET1 capital ratio at 17.4% with a buffer of ~260bps; LCR at 150% and NSFR at 122%.

• Lending volumes increased by 2% QoQ to SEK 1,934bn; deposit volumes up 2% to SEK 1,331bn.

Asset quality and risk

• Solid asset quality with a low credit impairment ratio and stable loan book composition.

• Private loans make up 60% of the portfolio, with strong collateral and low loan-to-value ratios.

• Property management loans show robust debt service tolerance and interest coverage ratios.