Swedbank AB (publ) (STO:SWED.A)

Swedbank AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	89,398	110,019	101,758	45,003	29,912	32,020
Interest Income on Investments	602	602	613	284	452	1,771
Total Interest Income	90,000	110,621	102,371	45,287	30,364	33,791
Interest Paid on Deposits	44,500	61,353	51,438	12,141	3,316	6,938
Total Interest Expense	44,500	61,353	51,438	12,141	3,316	6,938
Net Interest Income	45,500	49,268	50,933	33,146	27,048	26,853
Net Interest Income Growth (YoY)	-9.58%	-3.27%	53.66%	22.55%	0.73%	3.32%
Gain (Loss) on Sale of Investments	-3,061	404	542	-613	-93	362
Gain (Loss) on Sale of Equity Investments	642	773	803	738	976	582
Other Non-Interest Income	26,948	23,658	20,780	18,757	19,750	17,879
Total Non-Interest Income	24,529	24,835	22,125	18,882	20,633	18,823
Non-Interest Income Growth (YoY)	1.45%	12.25%	17.18%	-8.49%	9.62%	-5.74%
Revenues Before Loan Losses	70,029	74,103	73,058	52,028	47,681	45,676
Provision for Loan Losses	-783	-268	1,674	1,479	170	4,334
Revenue	70,812	74,371	71,384	50,549	47,511	41,342
Revenue Growth (YoY)	-4.32%	4.18%	41.22%	6.39%	14.92%	-7.08%
Salaries and Employee Benefits	14,585	14,409	13,464	12,513	12,364	11,550
Occupancy Expenses	2,223	2,171	1,920	1,695	1,631	1,580
Selling, General & Administrative	8,194	8,795	7,829	6,609	6,852	7,430
Other Non-Interest Expense	3,129	4,020	3,574	1,830	791	-
Total Non-Interest Expense	28,131	29,395	27,674	22,647	21,638	20,560
EBT Excluding Unusual Items	42,681	44,976	43,710	27,902	25,873	20,782
Asset Writedown	-758	-790	-88	-532	-56	-2
Other Unusual Items	-	-	-	-	-	-4,000
Pretax Income	41,923	44,186	43,622	26,764	25,817	16,780
Income Tax Expense	8,866	9,320	9,492	5,396	4,945	3,851
Earnings From Continuing Operations	33,057	34,866	34,130	21,368	20,872	12,929
Minority Interest in Earnings	3	3	-2	-3	-1	-
Net Income	33,060	34,869	34,128	21,365	20,871	12,929
Net Income to Common	33,060	34,869	34,128	21,365	20,871	12,929
Net Income Growth	-4.79%	2.17%	59.74%	2.37%	61.43%	-34.36%
Basic Shares Outstanding	1,124	1,125	1,125	1,123	1,121	1,120
Diluted Shares Outstanding	1,130	1,130	1,127	1,126	1,125	1,123
Shares Change (YoY)	0.11%	0.21%	0.13%	0.10%	0.12%	0.13%
EPS (Basic)	29.40	30.99	30.35	19.03	18.62	11.55
EPS (Diluted)	29.25	30.86	30.27	18.98	18.56	11.51
EPS Growth	-4.88%	1.95%	59.48%	2.26%	61.25%	-34.45%
Dividend Per Share	21.700	21.700	15.150	9.750	9.250	2.900
Dividend Growth	43.23%	43.23%	55.38%	5.41%	218.97%	-33.33%
Effective Tax Rate	21.15%	21.09%	21.76%	20.16%	19.15%	22.95%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.