Swedbank restates financials: what it means for Swedbank stock

Published on 10/07/2026 at 09:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Swedbank earned SEK 7.2 billion in the second quarter. For Swedbank stock, results are due October 22, 2026 and capital ratio was 17.4 percent.

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Swedbank announced financial restatements covering 2025 through the second quarter of 2026 on October 1, 2026, according to Swedbank. The change gives investors a revised reference point before the bank reports its third-quarter figures on October 22, 2026.

Restated figures meet a key test

Swedbank's second-quarter total income reached SEK 18.10 billion, up 6.00 percent from the first quarter, while net profit was SEK 7.20 billion, according to Quartr. The comparison matters because the bank remains profitable even as interest margins face pressure from changing funding costs and mortgage competition.

The bank's adjusted return on equity was 15.50 percent in the second quarter, while the cost-to-income ratio was 0.39. Its Common Equity Tier 1 capital ratio stood at 17.40 percent, providing a substantial capital buffer for lending and shareholder distributions.

Capital strength meets cost discipline

The second-quarter earnings call recorded diluted earnings per share of SEK 6.37 and net interest income of SEK 11.72 billion, according to Yahoo Finance. Management also kept its 2026 cost guidance at SEK 27.50 billion, excluding extraordinary costs and foreign exchange effects.

That combination leaves the October report with two measurable questions: whether lending growth can offset margin pressure and whether the restated figures alter the trajectory of capital generation. Swedbank's investor-relations page lists adjusted return on equity of 15.50 percent, a cost-to-income ratio of 0.39 and a credit impairment ratio of 0.06 percent for the second quarter.

Swedbank stock awaits October results

Swedbank is listed as SWED A on Nasdaq Stockholm under ISIN SE0000242455, according to Global Banking and Finance Review. The primary-listing quote was SEK 410.90 on October 7, 2026, while the 52-week range was SEK 279.20 to SEK 416.10 and market capitalization was SEK 461.7 billion.

The prior close at Lang & Schwarz was EUR 36.55 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Swedbank A stock.