Swedbank A

Earnings Release • Oct 23, 2025

Swedbank's interim report for the third quarter 2025

Swedbank's interim report for the third quarter 2025

Swedbank´s President and CEO Jens Henriksson comments: "Our customer focus is

producing results".

· Return on equity 16.0%

· Solid credit quality

· Most loved brand in the Baltics for the seventh year in a row

Financial information Q3 Q2 Jan-Sep Jan-Sep

SEKm 2025 2025 % 2025 2024 %

Total income 17?105 16?962 1 51?396 55?470 -7

Net interest income  10?819  10?917  -1  33?225  36?993  -10

Net commission income  4?117  3?902  6  12?071  12?430  -3

Net gains and losses on 847  856  -1  2?245  2?763  -19

financial items

Other income¹  1?322  1?286  3  3?855  3?283  17

Total expenses 6?030 6?119 -1 18?264 18?636 -2

Profit before impairments, 11?075 10?843 2 33?131 36?834 -10

bank taxes and resolution

fees

Impairment of tangible and 0  0  0  32  -99

intangible assets

Credit impairments  -398  150  -389  126

Bank taxes and resolution 663  677  -2  2?269  3?162  -28

fees

Profit before tax 10?809 10?016 8 31?251 33?513 -7

Tax expense  2?298  2?130  8  6?657  7?112  -6

Profit for the period  8?512 7?886 8 24?593 26?401 -7

Earnings per share, SEK, 7.53  6.99  21.77  23.37

after dilution

Return on equity, %  16.0  15.4  15.4  17.5

C/I ratio  0.35  0.36  0.36  0.34

Common Equity Tier 1 capital 19.7  19.7  19.7  20.4

ratio, %

Credit impairment ratio, %  -0.08  0.03  -0.03  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.

Contact:

Maria Caneman, Head of Investor Relations

Phone: +46 72 238 32 10

E-mail: maria.caneman@swedbank.se

Hannes Mård, Head of Press

Phone: +46 73 057 41 95

Email: hannes.mard@swedbank.se

This information constitutes inside information that Swedbank is obliged to make

public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The

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

person set out above, 23 October 2025, at 07:00 CEST.

Swedbank empowers the many people and businesses to create a better future. Our

vision is a financially sound and sustainable society. Swedbank Group is the

leading bank with over 7 million retail customers and 550 000 corporate

customers in our four home markets Sweden, Estonia, Latvia and Lithuania.

Swedbank Group is also present in other Nordic countries, the U.S. and China.

Together we make your financial life easier. Find out more: www.swedbank.com