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Sparbanken Skåne (SK) investor relations material
Sparbanken Skåne Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating profit for Q1 2026 was SEK 356m, down from SEK 378m year-over-year but up from SEK 300m sequentially.
Net interest income decreased to SEK 489m year-over-year, mainly due to lower market interest rates.
Net fee and commission income rose to SEK 145m, driven by securities-related fees.
Lending growth was primarily in residential mortgages, while fund and securities volumes declined due to equity market downturn.
The bank maintained high customer activity and published a green bond impact report showing 9,600 tonnes of CO2 emissions avoided in 2025.
Financial highlights
Net interest income: SEK 489m (down from SEK 518m YoY; SEK 491m previous quarter).
Net fee and commission income: SEK 145m (up from SEK 143m YoY; SEK 134m previous quarter).
Operating profit: SEK 356m (down from SEK 378m YoY; up from SEK 300m previous quarter).
Expenses excluding credit losses: SEK -329m (up from SEK -314m YoY; SEK -328m previous quarter).
Credit losses with profit impact: SEK 45m (up from SEK 24m YoY; SEK -6m previous quarter), mainly from redeemed financial assets.
Business volume: SEK 276bn (up from SEK 260bn YoY; unchanged sequentially).
CET1 and total capital ratio: 29.0% (up from 28.0% YoY; 29.3% previous quarter).
LCR: 307% (up from 267% YoY; down from 348% previous quarter).
Outlook and guidance
Economic recovery in Sweden and Skåne is ongoing but cautious, with uncertainty heightened by the Middle East conflict and energy prices.
Lending growth expected to continue, especially in residential mortgages, but market caution persists.
The bank is well positioned for future development and financial stability.
- Profit declined on lower interest income, but capital, liquidity, and business volumes improved.SK
Q4 202529 Jan 2026 - Q3 2025 profit reached SEK 341 million, with strong capital and liquidity amid economic uncertainty.SK
Q3 202529 Oct 2025 - Profit and net interest income fell, but capital and liquidity ratios reached new highs.SK
Q2 202513 Aug 2025 - Stable profit and strong capital despite lower rates; green lending and commissions up.SK
Q3 202413 Jun 2025 - H1 2024 profit and business volumes grew, with robust capital and low credit losses.SK
Q2 202413 Jun 2025 - Profit declined on lower net interest, but capital and liquidity remained robust.SK
Q1 20256 Jun 2025 - Strong capital, resilient credit quality, and green finance drive stable results in a weak economy.SK
Q4 20246 Jun 2025
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