Swedbank AB (publ) and five other banks saw the market value of their outstanding shares rise as of Sept. 28 from June 29, up from only three banks in the second quarter, according to data compiled by S&P Global Market Intelligence.

The Swedish lender posted the sharpest increase in market capitalization of 14.9% among banks in the sample to place 19th from 23rd, kicking Spain's CaixaBank SA out of the table. Nordea Bank AB (publ), which recently completed its merger into Nordea Bank Abp as part of its relocation to Finland from Sweden, climbed to 9th place from 12th with a 12.2% increase in its market capitalization.

Britain's HSBC Holdings PLC, Spain's Banco Santander SA, France's BNP Paribas SA and Russia's PAO Sberbank of Russia maintained their places on top of the list despite their market capitalization falling 6.1%, 5.6%, 0.8% and 6.7%, respectively, over the period.

Barclays PLC fell four notches to 14th place after seeing a 9.0% decline in the market value of its shares in the period, while British peer Standard Chartered PLC fell to the bottom of the list.