National Storage Mechanism | Additional information

Press Release

29 April 2025

Swedbank's Interim report for the first quarter 2025

Swedbank´s President and CEO Jens Henriksson comments:" Swedbank stands strong in uncertain times".

· Return on equity 15.2%

· Strict cost control is producing results

· Establishment of a Nordic investment bank - SB1 Markets - together with SpareBank 1

http://www.rns-pdf.londonstockexchange.com/rns/5301G_1-2025-4-29.pdf

Financial information	Q1	Q4		Q1
SEKm	2025	2024	%	2024	%
Total income	17 329	18 634	-7	18 087	-4
Net interest income	11 489	12 274	-6	12 599	-9
Net commission income	4 052	4 285	-5	3 976	2
Net gains and losses on financial items	541	923	-41	682	-21
Other income¹	1 247	1 152	8	831	50
Total expenses	6 115	6 740	-9	6 185	-1
Profit before impairments, bank taxes and resolution fees	11 214	11 894	-6	11 902	-6
Impairment of tangible and intangible assets	0	757	-100	0
Credit impairments	-141	-394	-64	144
Bank taxes and resolution fees	929	858	8	1 104	-16
Profit before tax	10 425	10 673	-2	10 654	-2
Tax expense	2 229	2 208	1	2 226	0
Profit for the period	8 196	8 465	-3	8 428	-3

Earnings per share, SEK, after dilution	7.26	7.50		7.47
Return on equity, %	15.2	15.8		16.9
C/I ratio	0.35	0.36		0.34
Common Equity Tier 1 capital ratio, %	19.7	19.8		19.3
Credit impairment ratio, %	-0.03	-0.08		0.03
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:

Magnus Alvesson, Acting Head of Investor Relations, phone +46 70 610 3341, e-mail [email protected]
Hannes Mård, Head of Press, phone +46 73 057 4195, e-mail [email protected]

This information constitutes inside information that Swedbank AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU no 596/2014). The information was submitted for publication, through the agency of the contact person set out above, April 29 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