"Our plan is to continue to deliver a sustainable return on equity of at least 15 per cent. Swedbank is well positioned for continued and sustainable growth and profitability. We have a proven business model, clear business priorities and a strong foundation," says Jens Henriksson, president and CEO of Swedbank.

The geopolitical situation, the economy, and climate change are creating uncertainty that have profound effects on businesses, households and societies at large. Moreover, technological advancements are reshaping customer expectations, driving growth and transforming the competitive landscape for banks.

"It is in times like these that being a profitable bank matters the most. Profitability means resilience and long-term stability," says Jens Henriksson. 

Swedbank's plan is designed to unlock the potential in three main areas:

Strengthened customer interactions
By leveraging insights about customers and data-driven models, Swedbank will provide more personalised services and ensure availability across channels. Investments will continue to focus on improving customer experience.

Growing volumes
Swedbank aims to grow or maintain market shares for main products by leveraging strong customer relationships and capitalising on opportunities across markets. The offering in daily banking and in asset management will be further refined. 

Increased efficiency
Swedbank will increase efficiency. New tools and technologies, including AI, will simplify the bank's processes and free up time for deeper customer engagement. Efficiency is key to profitability - and it is a core pillar of the plan moving forward.

A cost-to-income ratio not above 0.4 and a target CET1 buffer of 200 basis points will support Swedbank's return on equity target. The dividend policy is 60 to 70 per cent.

Webcast and presentation
The live webcast starts at 9.30 CEST and can be accessed here.

Presentations will be given by Jens Henriksson (President and CEO), Jon Lidefelt (CFO), Anna-Karin Laurell (Head of Swedish Banking), Malin Lilliecrona (Head of Premium and Private Banking), Bo Bengtsson (Head of Corporates and Institutions) and Olof Sundblad (Head of Baltic Banking). The presentations will be followed by a Q&A session.

The presentation material will be available on swedbank.com/ir at around 8.00 CEST. A webcast recording will be published on the same website after the event.

Contact:
Magnus Alvesson, Acting Head of Investor Relations, phone +46 70 610 3341, e-mail magnus.alvesson@swedbank.com
Hannes Mård, Head of Press, phone +46 73 057 4195, e-mail hannes.mard@swedbank.se