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STOCKHOLM - Swedbank AB (OTC:SWDBY) reported a return on equity of 15.4% for the second quarter of 2025, showing a slight improvement from 15.2% in the first quarter, according to a press release issued by the Swedish bank on Thursday.
The bank posted a profit of SEK 7.89 billion ($750 million) for the quarter, down 4% from SEK 8.20 billion in the previous quarter. Total (EPA:TTEF) income decreased by 2% to SEK 16.96 billion compared to SEK 17.33 billion in Q1.
Net interest income, which represents Swedbank’s largest revenue source, fell 5% quarter-on-quarter to SEK 10.92 billion. Net commission income declined 4% to SEK 3.90 billion during the same period.
Despite these declines, the bank reported a 58% increase in net gains and losses on financial items, which reached SEK 856 million compared to SEK 541 million in the first quarter.
Credit impairments amounted to SEK 150 million in Q2, a shift from a recovery of SEK 141 million in the previous quarter. The bank described its credit quality as "solid" in the statement.
Total expenses remained virtually unchanged at SEK 6.12 billion, while bank taxes and resolution fees decreased by 27% to SEK 677 million.
On a year-over-year basis, Swedbank’s first-half profit fell 6% to SEK 16.08 billion compared to the same period in 2024.
The Common Equity Tier 1 capital ratio stood at 19.7%, unchanged from the previous quarter but slightly below the 20.1% reported for the same period last year.
Swedbank’s President and CEO Jens Henriksson commented in the press release that the bank "has once again delivered a strong result."
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