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Länsförsäkringar Bank (LB) investor relations material
Länsförsäkringar Bank Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.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.
Next Länsförsäkringar Bank earnings date
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