Skip to content

Financial targets and KPIs

Taken together, our goals contribute to the creation of long-term value. A high level of customer value is a requirement for sustainable profitability. Our focus on cost efficiency gives us the scope for investment required to enable us to remain an attractive bank in the future.

Return on Equity

  • The Return on Equity shall amount to at least 15 per cent.
  • The Return on Equity  for the full year 2020 (excl. administrative fine) was 11.4 per cent on total operations.

Return on Equity, continuing operations

  Q2 21 Q1 21 Q4 20 Q3 20 Q2 20
% 14.2 12.8 11.8 14.3 13.5

Cost efficiency

  • Swedbank should be market leader in cost efficiency.
  • Swedbank's C/I ratio for 2020 (excl. administrative fine) was 0.45 per cent.

C/I ratio

  Q2 21 Q1 21 Q4 20 Q3 20 Q2 20
% 0.42 0.44 0.47 0.41 0.40

Capitalisation

  • Swedbank’s Common Equity Tier 1 capital ratio will exceed the Swedish FSA’s requirement by 100-300bps.
  • At the end of year 2020 Swedbank's Common Equity Tier 1 ratio was 17.5 per cent.

CET1 ratio

  Q2 21 Q1 21 Q4 20 Q3 20 Q2 20
% 18.5 18.0 17.5 16.8 16.4