Best bank 2025: Swedbank
Swedbank had nothing short of an excellent year, defined by a combination of financial resilience, digital momentum and sustainability.
The lender closed 2024 with resilient earnings and a sturdier balance sheet. Full-year profit in Sweden grew to SKr34.9 billion ($3.7 billion), delivering a 17.1% return on equity, while disciplined cost management pushed the cost-to-income ratio down to 0.34. Net interest income held near SKr49 billion despite lower policy rates, while its CET1 ratio stood at 19.
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