Länsförsäkringar Bank
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Länsförsäkringar Bank (LB) investor relations material

Länsförsäkringar Bank has been private

Länsförsäkringar Bank Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary10 Feb, 2026

Executive summary

  • Operating profit declined 8% to SEK 2,107 M year-over-year, mainly due to non-recurring expense items including impairments and prior year VAT recovery.

  • Return on equity decreased to 7.2% from 8.1% year-over-year.

  • Business volumes grew 5% to SEK 1,082 billion, with lending and deposits both up 5%.

  • Customer satisfaction remained high, and the bank captured market share in mortgages.

  • Acquisition of SAVR completed in Q3, enhancing the savings offering.

Financial highlights

  • Net interest income fell 12% to SEK 5,810 M due to a lower investment margin from falling market rates.

  • Net commission income (excluding regional insurance remuneration) rose 6% to SEK 1,827 M.

  • Operating income increased 8% to SEK 6,105 M, driven by improved commission income.

  • Operating expenses rose 23% to SEK 3,414 M, with a 12% increase excluding non-recurring items.

  • Credit losses dropped to SEK 143 M, with a credit loss level of 0.03%.

Outlook and guidance

  • The Board proposes a dividend of SEK 577 M for 2025.

  • The bank remains well-capitalized and positioned for continued growth, with ongoing investments in IT and digitalization.

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Next Länsförsäkringar Bank earnings date

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Q1 202624 Apr, 2026
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Q1 202624 Apr, 2026

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Frequently asked questions

Länsförsäkringar Bank, established in 1996, is a Swedish retail bank that forms part of the Länsförsäkringar Alliance, a group known for its operations in banking and insurance within Sweden. The bank caters to both individual and business clients, offering a comprehensive suite of products and services. These include current and savings accounts, debit and credit cards, investment funds, consumer and mortgage loans, business loans, and insurance products. Its operations extend across Sweden, serving clients through both direct channels, such as branch and online banking, and indirect ones. The bank is headquartered in Stockholm, and its shares are not publicly listed as it is a part of the customer-owned Länsförsäkringar group.

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