Swedbank reshuffles executives and Nordea raises target for Swedbank A stock

Published on 10/05/2026 at 14:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Return on equity was 15.50 percent in Q2 2026. Swedbank A stock costs EUR 36.07 on October 5, 2026 after EUR 35.98, plus 0.25 percent.

Schwarzweiß-Reportagefoto: Bankberater bespricht Unterlagen mit älterem Kunden — Swedbank AB (SE0000242455) bietet Baltikum-Kunden persönliche Kreditberatung, festgehalten in dieser dokumentarischen Schwarzweiß-Reportageaufnahme heute, Illustration mit AI erstellt.

Swedbank (ISIN SE0000242455) was trading at EUR 36.07 at Lang & Schwarz on October 5, 2026 at 2:08 p.m. CEST, up EUR 0.09 or 0.25 percent versus the prior close of EUR 35.98. On September 30, 2026, Nasdaq Stockholm published Swedbank's announcement of three Group Executive Committee changes. On September 17, 2026, MarketScreener reported that Nordea raised its target from SEK 427.00 to SEK 450.00 and retained its Buy recommendation.

Management changes affect oversight

Henrik Liljeblad was appointed Head of Group Business Support after serving in the role on an acting basis since May 2026. Eva Wilhelmsson became Acting Chief Compliance Officer and joined the executive committee, while Britta Hjorth-Larsen decided to leave the compliance role.

Bo Bengtsson, Head of Corporates and Institutions, is due to leave that position by March 30, 2027, at the latest, after being nominated as chair of Sparbanken Skåne. Swedbank has started recruiting a permanent compliance officer and a new head for the corporate banking area, according to the September 30 announcement linked above.

Q2 figures show capital strength

Swedbank's investor-relations page reports a 15.50 percent return on equity for Q2 2026, adjusted for extraordinary costs. The C/I ratio was 0.39, the Common Equity Tier 1 capital ratio was 17.40 percent and the credit impairment ratio was 0.06 percent.

The latest standardized financial data put Q2 2026 revenue at SEK 29.2 billion and net income at SEK 7.2 billion. Compared with Q1 2026, revenue increased from SEK 26.9 billion while net income declined from SEK 7.3 billion, a mixed operating signal behind the headline profitability metrics.

Targets rise before the next report

Nordea's move from SEK 427.00 to SEK 450.00 represents a 5.39 percent increase in the target. The target revision came before Swedbank's next interim report, which the company lists for October 22, 2026 at 7:00 a.m. CEST, giving the upcoming report a clear test for earnings quality and management execution.

On Nasdaq Stockholm, SWED A.ST was last at SEK 405.60 on October 5, 2026 at 2:12 p.m. CEST. The primary-listing 52-week range was SEK 279.20 to SEK 416.10, and the market capitalization was SEK 455.8 billion at that quote point.

Swedbank A stock holds its daily gain

At Lang & Schwarz, Swedbank A stock was trading at EUR 36.07 on October 5, 2026 at 2:08 p.m. CEST, plus 0.25 percent versus the prior close of EUR 35.98 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Swedbank A stock.