How many employees work at Swedbank?
Swedbank AB (SWED.A) has approximately 18,801 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Swedbank's total headcount has grown 4.5% from 17,988 employees in 2023 to 18,801 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026
Is Swedbank hiring right now?
Yes, Swedbank is actively hiring. Swedbank had 365 active job postings in 2026, a 54.4% increase from 2025 — see job openings & hiring trends.
About Swedbank's Workforce
Swedbank AB (SWED.A) is a Financial Services company that employs 18,801 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1820, the company is headquartered in Sundbyberg, Sweden and trades on the NASDAQ Stockholm.
Swedbank's workforce has grown 4.5% from 2023 to 2026, and rose 0.4% year over year in 2026. Its workforce is concentrated most in Sweden (62.8%), followed by Lithuania (12.4%) and Estonia (12.1%), with the United States as its fastest-growing location.
Swedbank's largest functional groups are Finance and Operations (44.7%), Engineering (32.0%), and Sales and Marketing (23.3%), with Finance and Operations growing fastest (up 1.8%). Median tenure is 5.0 years. The average salary is $60,036, ranging from a median of $97,000 in Northern America to $30,000 in Eastern Europe.
Swedbank's active job postings rose 54.4% in 2026 to 365, with new postings per month cooling from 474 in 2023 to 243 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
As of March 2026
Swedbank
workforce metrics
Headcount
18.8k
0.4% YoY
Avg. Salary
$60k
1.7% YoY
Tenure
5.0yr
0.5yr YoY
Growth Rate
0.4%
0.9pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Swedbank. Compare to peers, export the dataset, and access the full quarterly history.
- Swedbank had 18,801 employees in 2026, a 0.4% increase (+575) from 2025.
- Swedbank had 18,668 employees in 2025, a 0.5% increase (+543) from 2024.
- Swedbank had 18,125 employees in 2024, a 0.2% decline (-150) from 2023.
- Swedbank had 18,275 employees in 2023, a 1.3% increase (+526) from 2022.
Swedbank's total workforce has grown from 17,988 employees in 2023 to 18,801 in 2026.
Swedbank AB — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 18,801 | +575 | +0.4% |
| 2025 | Q4 | 18,668 | +543 | +0.5% |
| 2025 | Q3 | 18,450 | +191 | +0.1% |
| 2025 | Q2 | 18,400 | -176 | -0.6% |
| 2025 | Q1 | 18,226 | -257 | -0.5% |
| 2024 | Q4 | 18,125 | -150 | -0.2% |
| 2024 | Q3 | 18,259 | +97 | -0.1% |
| 2024 | Q2 | 18,576 | +588 | +0.7% |
| 2024 | Q1 | 18,483 | +639 | +1.1% |
| 2023 | Q4 | 18,275 | +526 | +1.3% |
| 2023 | Q3 | 18,162 | +432 | +1.5% |
| 2023 | Q2 | 17,988 | +149 | +1.3% |
Want to see Swedbank's complete headcount history back to 2008, including quarterly breakdowns?
Sweden accounts for the largest share of Swedbank's global workforce with approximately 63% of total employees, followed by Lithuania and Estonia. Swedbank's headcount in the United States is growing fastest among its major locations, up 2.1% year over year in 2026.
Swedbank employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Sweden | 11,639 | 62.8% | +2.0% |
| Lithuania | 2,307 | 12.4% | +0.5% |
| Estonia | 2,250 | 12.1% | +0.3% |
| Latvia | 1,730 | 9.3% | +0.0% |
| Norway | 308 | 1.7% | -3.7% |
| United States | 51 | 0.3% | +2.1% |
| Spain | 39 | 0.2% | +0.8% |
| Finland | 37 | 0.2% | +0.9% |
| Ukraine | 33 | 0.2% | +0.0% |
| Denmark | 30 | 0.2% | +3.3% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Swedbank's largest employee groups are Finance and Operations (44.7%), Engineering (32.0%), and Sales and Marketing (23.3%).
Swedbank employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 8,361 | 44.7% | +1.8% |
| Engineering | 5,983 | 32.0% | +1.0% |
| Sales and Marketing | 4,365 | 23.3% | +1.3% |
Compare Swedbank's department mix to industry peers.
Swedbank's average employee salary is $60,036 globally. Employees in Northern America receive the highest compensation, with median pay approximately 1.6x the global average. Pay is lowest in Eastern Europe, at a median of $30,000.
Swedbank median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern America | $97,000 |
| Western Europe | $56,000 |
| Northern Europe | $51,000 |
| Eastern Asia | $49,000 |
| Southern Europe | $32,000 |
| Eastern Europe | $30,000 |
| South-Eastern Asia | $14,000 |
| Arab States | $10,000 |
| Southern America | $9,000 |
| Southern Asia | $6,000 |
| Sub-Saharan Africa | $6,000 |
Unlock salary by role, level, and city — and compare to Swedbank's industry peers.
- Swedbank had 365 active job postings in 2026, a 54.4% increase (+14) from 2025.
- Swedbank had 351 active job postings in 2025, a 110.6% increase (+250) from 2024.
- Swedbank had 101 active job postings in 2024, a 126.3% decline (-346) from 2023.
- Swedbank had 447 active job postings in 2023, a 68.5% increase from 2022.
- Hiring velocity in 2026: 243 new roles/month, up from 240 in 2025 and 227 in 2024. New metric
Swedbank's active job postings rose 54.4% in 2026 to 365, with new postings per month cooling from 474 in 2023 to 243 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Swedbank's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Financial Services Companies by Employee Count
- How fast is Swedbank growing?
- In 2026, Swedbank's headcount grew 0.4% to 18,801 employees, up from 18,226 in 2025.
- Where are Swedbank employees located?
- Most Swedbank employees are based in Sweden (62.8% of headcount), followed by Lithuania and Estonia.
- What is the average salary at Swedbank?
- The average employee salary at Swedbank is approximately $60k per year.
- How many people does Swedbank hire per year?
- In 2026, Swedbank opened roughly 2,916 new roles — about 243 per month.
- When was Swedbank founded and where is it headquartered?
- Swedbank was founded in 1820 and is headquartered in Sundbyberg, Sweden.
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