Swedbank AB financials
Swedbank AB
Country: NO Reporting currency: SEK Latest annual report: 2024-12-31
LEI:
M312WZV08Y7LYUC71685 Financial statements
(SEK, as reported — unscaled; 111 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Other income | SEK 2.13B | SEK 1.77B | — |
| Operating expenses | SEK 25.38B | SEK 24.10B | — |
| Employee benefits expense | SEK 15.02B | SEK 13.94B | — |
| Depreciation & amortisation | SEK 2.17B | SEK 1.92B | — |
| Profit before tax | SEK 44.19B | SEK 43.62B | — |
| Income tax expense | SEK 9.32B | SEK 9.49B | — |
| Profit for the year | SEK 34.87B | SEK 34.13B | — |
| — attributable to owners | SEK 34.87B | SEK 34.13B | — |
| — attributable to NCI | -SEK 3.0M | SEK 2.0M | — |
| Total comprehensive income | SEK 36.74B | SEK 33.37B | — |
| Per share | |||
| Basic EPS | SEK 30.99 | SEK 30.35 | — |
| Diluted EPS | SEK 30.86 | SEK 30.27 | — |
| Cash flow statement | |||
| Net cash from operating activities | SEK 80.82B | -SEK 145.15B | — |
| Income taxes paid | SEK 8.73B | SEK 5.44B | — |
| Net cash from investing activities | -SEK 147.0M | -SEK 418.0M | — |
| Net cash from financing activities | -SEK 12.64B | SEK 32.17B | — |
| Lease liability payments | SEK 908.0M | SEK 799.0M | — |
| Net change in cash | SEK 68.03B | -SEK 113.39B | — |
| Balance sheet | |||
| Total assets | SEK 3.01T | SEK 2.86T | SEK 2.85T |
| Property, plant & equipment | SEK 5.20B | SEK 5.54B | SEK 5.45B |
| Intangible assets & goodwill | SEK 20.87B | SEK 20.44B | SEK 19.89B |
| Cash & equivalents | SEK 325.60B | SEK 252.99B | SEK 365.99B |
| Total equity | SEK 218.90B | SEK 198.79B | SEK 176.08B |
| — attributable to owners | SEK 218.87B | SEK 198.76B | SEK 176.05B |
| Non-controlling interests | SEK 28.0M | SEK 30.0M | SEK 29.0M |
| Deferred tax liabilities | SEK 7.00B | SEK 5.74B | SEK 3.62B |
| Derived metrics | |||
| Return on equity | 15.9% | 17.2% | — |
| Cash conversion ratio | 2.32× | -4.25× | — |
| Other reported items | |||
| Accruals and Deferred Income Including Contract Liabilities | SEK 5.78B | SEK 5.36B | SEK 4.66B |
| Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Assets | -SEK 2.72B | -SEK 8.49B | -SEK 20.37B |
| Accumulated Fair Value Hedge Adjustment On Hedged Item Included In Carrying Amount Liabilities | SEK 549.0M | SEK 209.0M | SEK 0 |
| Adjustments For Decrease Increase In Financial Assets Held For Trading | -SEK 9.78B | -SEK 27.02B | — |
| Adjustments For Decrease Increase In Loans and Advances To Banks | SEK 35.52B | -SEK 11.20B | — |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -SEK 9.98B | -SEK 21.22B | — |
| Adjustments For Decrease Increase In Other Assets | -SEK 3.02B | SEK 335.0M | — |
| Adjustments For Increase Decrease In Deposits From Banks | -SEK 7.54B | -SEK 957.0M | — |
| Adjustments For Increase Decrease In Deposits From Customers | SEK 41.37B | -SEK 72.00B | — |
| Adjustments For Increase Decrease In Other Liabilities | SEK 28.93B | SEK 21.27B | — |
| Cash and Bank Balances At Central Banks | SEK 325.60B | SEK 252.99B | SEK 365.99B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 49.0M | SEK 0 | — |
| Comprehensive Income Attributable To Noncontrolling Interests | -SEK 3.0M | SEK 2.0M | — |
| Comprehensive Income Attributable To Owners of Parent | SEK 36.75B | SEK 33.37B | — |
| Current Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading | SEK 16.46B | SEK 17.30B | SEK 27.13B |
| Current Prepayments and Current Accrued Income Including Current Contract Assets | SEK 2.80B | SEK 2.58B | SEK 2.03B |
| Current Tax Assets | SEK 2.41B | SEK 1.95B | SEK 1.45B |
| Current Tax Liabilities | SEK 3.20B | SEK 3.87B | SEK 1.81B |
| Debt Securities | SEK 758.20B | SEK 728.55B | SEK 784.21B |
| Deferred Tax Assets | SEK 96.0M | SEK 82.0M | SEK 159.0M |
| Deposits From Banks | SEK 64.50B | SEK 72.05B | SEK 72.83B |
| Deposits From Customers | SEK 1.29T | SEK 1.23T | SEK 1.31T |
| Derivative Financial Assets | SEK 37.59B | SEK 39.56B | SEK 50.50B |
| Derivative Financial Liabilities | SEK 35.27B | SEK 73.45B | SEK 68.68B |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | SEK 17.05B | SEK 10.96B | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | SEK 24.40B | SEK 17.05B | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | SEK 21.70 | — | — |
| Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities | SEK 186.0M | SEK 306.0M | — |
| Dividends Recognised As Distributions To Owners of Parent | SEK 17.05B | SEK 10.96B | — |
| Dividends Recognised As Distributions To Owners Per Share | SEK 15.15 | — | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | SEK 4.58B | SEK 393.0M | — |
| Equity and Liabilities | SEK 3.01T | SEK 2.86T | SEK 2.85T |
| Equity Instruments Held | SEK 45.44B | SEK 34.32B | SEK 30.27B |
| Fee and Commission Expense | SEK 9.35B | SEK 8.73B | — |
| Fee and Commission Income | SEK 26.07B | SEK 23.82B | — |
| Fee and Commission Income Expense | SEK 16.72B | SEK 15.09B | — |
| Gains Losses On Cash Flow Hedges Before Tax | SEK 278.0M | SEK 5.0M | — |
| Gains Losses On Change In Value of Foreign Currency Basis Spreads Before Tax | -SEK 35.0M | -SEK 18.0M | — |
| Gains Losses On Exchange Differences On Translation Before Tax | SEK 2.26B | -SEK 290.0M | — |
| Gains Losses On Hedges of Net Investments In Foreign Operations Before Tax | -SEK 1.86B | SEK 336.0M | — |
| General and Administrative Expense | SEK 8.18B | SEK 7.35B | — |
| Government Debt Instruments Held | SEK 182.21B | SEK 178.62B | SEK 151.48B |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | -SEK 268.0M | SEK 1.67B | — |
| Impairment Loss Recognised In Profit Or Loss Intangible Assets and Goodwill | SEK 789.0M | SEK 81.0M | — |
| Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | SEK 1.0M | SEK 7.0M | — |
| Income Tax Relating To Components of Other Comprehensive Income | SEK 109.0M | SEK 107.0M | — |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | SEK 280.0M | -SEK 172.0M | — |
| Increase Decrease Through Sharebased Payment Transactions | SEK 410.0M | SEK 284.0M | — |
| Interest Expense | SEK 61.35B | SEK 51.44B | — |
| Interest Income On Other Financial Assets | SEK 602.0M | SEK 613.0M | — |
| Interest Revenue Calculated Using Effective Interest Method | SEK 110.02B | SEK 101.76B | — |
| Interest Revenue Expense | SEK 49.27B | SEK 50.93B | — |
| Investment Accounted For Using Equity Method | SEK 9.09B | SEK 8.28B | SEK 7.83B |
| Investment Contracts Liabilities | SEK 395.80B | SEK 320.61B | SEK 268.89B |
| Investments For Risk of Policyholders | SEK 394.88B | SEK 319.80B | SEK 268.59B |
| Liabilities | SEK 2.79T | SEK 2.66T | SEK 2.68T |
| Liabilities Arising From Insurance Contracts | SEK 28.26B | SEK 26.32B | SEK 24.88B |
| Loans and Advances To Banks | SEK 34.07B | SEK 67.53B | SEK 56.59B |
| Loans and Advances To Customers | SEK 1.88T | SEK 1.86T | SEK 1.84T |
| Noncurrent Recognised Assets Defined Benefit Plan | SEK 3.79B | SEK 2.10B | SEK 2.43B |
| Noncurrent Recognised Liabilities Defined Benefit Plan | SEK 180.0M | SEK 176.0M | SEK 168.0M |
| Other Adjustments For Noncash Items | -SEK 3.96B | -SEK 1.95B | — |
| Other Assets | SEK 8.33B | SEK 8.00B | SEK 8.24B |
| Other Cash Payments From Operating Activities | SEK 26.20B | SEK 70.58B | — |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | SEK 191.0M | SEK 53.0M | — |
| Other Comprehensive Income | SEK 1.88B | -SEK 762.0M | — |
| Other Comprehensive Income Before Tax | SEK 1.77B | -SEK 870.0M | — |
| Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | SEK 0 | SEK 0 | — |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | SEK 1.36B | -SEK 839.0M | — |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | SEK 764.0M | -SEK 81.0M | — |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | SEK 1.11B | -SEK 681.0M | — |
| Other Expense By Nature | SEK 0 | SEK 887.0M | — |
| Other Liabilities | SEK 29.17B | SEK 31.16B | SEK 26.98B |
| Proceeds From Other Longterm Assets Classified As Investing Activities | SEK 314.0M | SEK 181.0M | — |
| Purchase of Other Longterm Assets Classified As Investing Activities | SEK 407.0M | SEK 852.0M | — |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | SEK 278.0M | SEK 9.0M | — |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | SEK 1.0M | SEK 0 | — |
| Reclassification Adjustments On Hedges of Net Investments In Foreign Operations Before Tax | -SEK 2.0M | SEK 0 | — |
| Revenue and Operating Income | SEK 74.10B | SEK 73.06B | — |
| Revenue From Interest | SEK 110.62B | SEK 102.37B | — |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | SEK 5.0M | -SEK 41.0M | — |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax | SEK 33.0M | -SEK 14.0M | — |
| Share of Profit Loss of Continuing Operations of Associates and Joint Ventures Accounted For Using Equity Method | SEK 773.0M | SEK 803.0M | — |
Methodology
Every line item above is a fact tagged in Swedbank AB's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.