Swedbank A

Earnings Release • Jul 17, 2025

Swedbank's interim report for the second quarter 2025

Swedbank's interim report for the second quarter 2025

Swedbank´s President and CEO Jens Henriksson comments: "Swedbank has once again

delivered a strong result".

· Return on equity 15.4%

· Solid credit quality

· Further improved availability via telephone in Sweden during the quarter

Financial information Q2 Q1 Jan-Jun Jan-Jun

SEKm 2025 2025 % 2025 2024 %

Total income 16?962 17?329 -2 34?291 36?324 -6

Net interest income  10?917  11?489  -5  22?406  24?764  -10

Net commission income  3?902  4?052  -4  7?954  8?145  -2

Net gains and losses on 856  541  58  1?398  1?593  -12

financial items

Other income¹  1?286  1?247  3  2?533  1?822  39

Total expenses 6?119 6?115 0 12?234 12?650 -3

Profit before impairments, 10?843 11?214 -3 22?057 23?674 -7

bank taxes and resolution

fees

Impairment of tangible and 0  0  0  32  -99

intangible assets

Credit impairments  150  -141  9  -145

Bank taxes and resolution 677  929  -27  1?606  2?149  -25

fees

Profit before tax 10?016 10?425 -4 20?441 21?637 -6

Tax expense  2?130  2?229  -4  4?360  4?614  -6

Profit for the period  7?886 8?196 -4 16?082 17?023 -6

Earnings per share, SEK, 6.99  7.26  14.24  15.08

after dilution

Return on equity, %  15.4  15.2  15.2  17.1

C/I ratio  0.36  0.35  0.36  0.35

Common Equity Tier 1 capital 19.7  19.7  19.7  20.1

ratio, %

Credit impairment ratio, %  0.03  -0.03  0.00  -0.01

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.

For further information, please contact:

Maria Caneman, Head of Investor Relations, phone: +46 72 238 3210 email:

maria.caneman@swedbank.se

Hannes Mård, Head of Press, phone +46 73 057 4195, e-mail:

hannes.mard@swedbank.se

This information constitutes inside information and such information that

Swedbank AB (publ) is obliged to make public pursuant to the EU Market Abuse

Regulation (EU no 596/2014) and the Securities Market Act (2007:528). The

information was submitted for publication, through the agency of the contact

person set out above, July 17 2025, at 07:00 CEST.