Financial target
Return on equity
- Swedbank's financial target is to achieve a return on equity of at least 15 per cent.
- The return on equity for the full year 2023 was 18.3 per cent.
| Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 |
|---|---|---|---|---|---|
| 15.8% | 18.4% | 17.5% | 16.9% | 16.9% | 19.3% |
Supporting KPIs
Cost efficiency
- Swedbank seeks to achieve a cost/income (C/I) ratio of 0.40.
- The bank's C/I ratio for 2023 amounted to 0.33.
| Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 |
|---|---|---|---|---|---|
| 0.36% | 0.31% | 0.35% | 0.34% | 0.34% | 0.30% |
Capitalisation
- Swedbank shall maintain a Common Equity Tier 1 capital buffer of 100-300 basis points above the Swedish FSA’s requirement.
- The bank aims for a buffer of 200 basis points in 2025 and onwards.
- At the end of year 2023 Swedbank's Common Equity Tier 1 ratio was 19.0 per cent.
| Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 |
|---|---|---|---|---|---|
| 19.8% | 20.4% | 20.1% | 19.3% | 19.0% | 18.7% |