Matthew 25 and the previous chapter, Matthew 24, are the only two chapters in the four gospels for which Swedenborg offered verse by verse explanations. It's great that we have these, because we get some assurance that the methods that he used in his exegesis of Genesis, Exodus, and Revelation can also be applied to the gospels.

The commentary on Matthew 25 is divided into chunks associated with explanations of chapters in Genesis, in the middle of "Arcana Coelestia". For chapter 25, it starts in Arcana Coelestia 4635-4638. Here's an excerpt from no. 4636:

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"The Lord used this parable to describe His own coming. This is clear from every detail in it as well as from the final sentence where He says, 'Watch therefore, for you do not know the day, nor the hour, in which the Son of Man will be coming' - words similar to those used in Chapter 24.... It has been shown already that His coming is the close of the age or the final period of the Church."

Next, in Arcana Coelestia 4637, there's a strong clear attestation to the power and importance of the internal sense of the Word:

"Consequently anyone who does not know this cannot make anything else out of the Lord's parables than ordinary comparisons which hold nothing deeper within them, as with this particular parable concerning the ten virgins. He makes nothing more out of it if he does not know what 'virgins' means in the internal sense, and also what ten, five, lamps, vessels, oil, those who sell, a wedding feast, and every other detail mean. And the same is true with all other parables. As has been stated, the details mentioned by the Lord in them look, in the outward form they take, like ordinary comparisons, but in their internal form their nature is such that they fill the whole of heaven. This is because the internal sense is contained within every detail, and that sense is such that its spiritual and celestial content spreads like light and flame throughout the heavens in all directions. That sense is utterly superior to the sense of the letter, flowing from every phrase and every word, indeed from every tiny letter."

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(Swedenborg's exegesis of the chapter continues in 4662-4664, 4807-4810, 4954-4959, and 5063-5071. It's well worth the read!)

Also, we'll append the commentary on this chapter that Rev. John Clowes wrote back in the 1850's:

Verses 1, 2, 3, 4. That in the last time of the old church and the first of the now, they who are of the church will receive spiritual truths, and some will be in truths wherein is the good of love and charity, and some in truths wherein is no good of love and charity.

Verse 5. That by reason of delay, they will be sluggish in the things of the church, and will cherish doubt.

Verse 6. But that at the last time of the old church and the first of the new, there will be a change, for then will be the judgement, namely, acceptance and rejection.

Verses 7, 8. And then all will prepare themselves, and they who are in truths without the good of love and charity will be willing to have good communicated from others to their empty truths.

Verse 9. But this is impossible, since no good can then be communicated but the good of merit.

Verse 10. Wherefore the application is preposterous, because none can be received into heaven but those who are principled in good and thence in truth.

Verse 11. Nevertheless, they who are in truths without good, are willing to enter from faith alone without charity, and from works in which is no life of the Lord, but only the life of self.

Verse 12. But they are rejected, because they are not in any charity towards their neighbour, nor by it in conjunction with the Lord.

Verse 13. Therefore the life ought to be regulated according to the precepts of faith, because the time of acceptance, and the state, is unknown to man.

Verses 14, 15. For the Lord gives to all who are in the church the knowledges of truth and good from the Word, with the faculty of perceiving them.

Verses 16, 17, 18. And by these knowledges and this faculty, some procure to themselves much intelligence and wisdom, and others procure some, and others none.

Verses 19-23. Wherefore at the Lord's coming, they who had procured much intelligence and wisdom, and they who had procured some, are accepted of the Lord, and gifted by Him with dominion over all evils and falsities, and admitted to conjunction of life with Himsel

Verses 24-31. But they who had procured none are then deprived of the truths which they had possessed in the memory only, and not in the life, and become principled in mere falsities separated from all good and truth.

Verses 24, 25. For not having joined charity to faith, they think harshly of the Divine Mercy, and act from mere natural fear, which obscures the knowledges of heavenly truth.

Verses 26, 27. Whereas they ought rather, by those knowledges, to have procured to themselves charity, and thus have attained conjunction of life with the Lord.

Verses 28, 29. Therefore those knowledges are taken away from them, and conferred on those who apply them to the reformation of their lives.

Verse 30. And they who have lived in faith alone without charity, are deprived of all the truths of faith, and all the goods of charity, having their lot with those who are in mere evils and falsities.

Verse 31. For when Divine Truth shall appear in its light, through the angelic heaven, then shall be the judgement.

Verse 32. And then shall the goods and evils of all be made manifest in the Light Divine, and there shall be a separation of what is good from what is evil, or of those who are in charity and thence in faith, from those who are in faith alone, and not in charity.

Verse 33. And this separation will be according to truths derived from good with the good, and according to falsities derived from evil with the evil, thus every one will be arranged according to his life.

Verse 34. Then shall they who are in charity and thence in faith be received amongst those in heaven who are in truth; derived from good.

Verses 35, 36. Since they are in the affection of good and truth, because proceeding from the Lord, and are averse from what is evil and false, because proceeding from themselves, and thus are in humiliation grounded in self-acknowledgment, and thence in all the offices of charity.

Verses 37, 38, 39. And yet if they had seen the Lord Himself in all the offices of charity, every one would have done them, but not from love to Him, but from fear, nor for the sake of Him, but for the sake of themselves.

Verse 40. Nevertheless the truth is that the Lord is present with those who are in the good of love and charity because He is in that good itself.

Verse 41. But they who are in faith and not in charity, will then avert themselves from all good and truth, and convert themselves to what is evil and false, and remain in the craving of infernal evil.

Verses 42, 43. Since they have never been in the affection of good and truth because proceeding from the Lord, nor averse from what is evil and false because proceeding from themselves, nor in humiliation grounded in self-acknowledgement, nor in any offices of charity thence derived.

Verse 44. And yet in the external form they have done those offices, but not from a principle of love to the Lord, but from fear, thus not for the sake of Him, but of themselves.

Verse 45. For they who are not in the affection of good and truth from the Lord, are not influenced by love to the Lord, but by self-love.

Verse 46. All such therefore will be everlastingly tormented by the concupiscences of evil, but they who are in the good of charity, will have life from that good, because it is from the Lord, who is the life itself.

4581. 'And he poured out a drink-offering onto it' means the Divine Good of Truth. This is clear from the meaning of 'a drink-offering' as the Divine Good of Truth, dealt with below. But first one must say what the good of truth is. The good of truth is that which elsewhere has been called the good of faith, which is love towards the neighbour, or charity. There are two universal kinds of good, the first being that which is called the good of faith, the second that which is referred to as the good of love. The good of faith is the kind of good meant by 'a drink-offering', and the good of love the kind meant by 'oil'. The good of love exists with those whom the Lord brings to what is good by an internal way, while the good of faith exists with those He brings to it by an external way. The good of love exists with members of the celestial Church, and likewise with angels of the inmost or third heaven, but the good of faith with members of the spiritual Church, and likewise with angels of the middle or second heaven. Consequently the first kind of good is called celestial good, whereas the second kind is called spiritual good. The difference between the two is, on the one hand, willing what is good out of a will for good and, on the other, willing what is good out of an understanding of it. The second kind of good therefore - spiritual good or the good of faith, which is the good of truth - is meant by 'a drink-offering'; but the first - celestial good or the good of love - is meant in the internal sense by 'oil'.

[2] Nobody, it is true, can see that such things as these were meant by 'oil' and 'a drink-offering' unless he does so from the internal sense. Yet anyone may see that things of a holy nature were represented by them, for unless those holy things were represented by them what else would pouring out a drink-offering or pouring oil onto a stone pillar be but some ridiculous and idolatrous action? It is like the coronation of a king. What else would the ceremonies performed on that occasion be if they did not mean and imply things of a holy nature - placing the crown on his head; anointing him with oil from a horn, on his forehead and on his wrists; placing a sceptre in his hand, as well as a sword and keys; investing him with a purple robe, and then seating him on a silver throne; and after that, his riding in his regalia on a horse, and later still his being served at table by men of distinction, besides many other ceremonies? Unless these represented things of a holy nature and were themselves holy by virtue of their correspondence with the things of heaven and consequently of the Church, they would be no more than the kind of games that young children play, though on a grander scale, or else like plays that are performed on the stage.

[3] But all those ceremonies trace their origin back to most ancient times when ceremonies were holy by virtue of their representation of things that were holy and of their correspondence with holy things in heaven and consequently in the Church. Even today they are considered holy, though not because people know their spiritual representation and correspondence but through the interpretation so to speak they put on symbols in common use. If however people did know what the crown, oil, horn, sceptre, sword, keys, purple robe, silver throne, riding on a white horse, and eating while men of distinction act as the servers, all represented and to what holy thing each corresponded, they would conceive of those things in an even holier way. But they do not know, and surprisingly do not wish to know; indeed that lack of knowledge is so great that the representatives and the meaningful signs included within such ceremonies and within every part of the Word have been obliterated from people's minds at the present day.

[4] The fact that 'a drink-offering' means the good of truth, or spiritual good, may be seen from the sacrifices in which drink-offerings were used. When sacrifices were offered they were made either from the herd or from the flock, and they were representative of internal worship of the Lord, 922, 923, 1823, 2180, 2805, 2807, 2830, 3519. To these the minchah and the drink-offering were added. The minchah, which consisted of fine flour mixed with oil, meant celestial good, or what amounted to the same, the good of love - 'the oil' meaning love to the Lord and 'the fine flour' charity towards the neighbour. But the drink-offering, which consisted of wine, meant spiritual good, or what amounted to the same, the good of faith. Both these therefore, the minchah and the drink-offering, have the same meaning as the bread and wine in the Holy Supper.

[5] The addition of a minchah and a drink-offering to a burnt offering or to a sacrifice is clear in Moses,

You shall offer two lambs in their first year, each day continually. One lamb you shall offer in the morning, and the second you shall offer between the evenings; and a tenth of fine flour mixed with beaten oil, a quarter of a hin, and a drink-offering of a quarter of a hin of wine, for the first lamb; and so also for the second lamb. Exodus 29:38-41.

In the same author,

You shall offer on the day when you wave the sheaf of the firstfruits of the harvest a lamb without blemish in its first year as a burnt offering to Jehovah, its minchah being two tenths of fine flour mixed with oil, and its drink-offering wine, a quarter of a hin. Leviticus 23:12-13, 18.

In the same author,

On the day when the days of Naziriteship are completed he is to offer his gift to Jehovah, sacrifices and also a basket of unleavened [loaves] of fine flour, cakes mingled with oil, and unleavened wafers anointed with oil, together with their minchah and their drink-offerings. Numbers 6:13-17.

In the same author,

Upon the burnt offering they shall offer a minchah of a tenth [of an ephah] of fine flour mixed with a quarter of a hin of oil, and wine as the drink-offering, a quarter of a hin - in one way upon the burnt offering of a ram, and in another upon that of a bull. Numbers 15:3-11.

In the same author,

With the continual burnt offering you shall offer a drink-offering, a quarter of a hin for a lamb; in the holy place pour out a drink-offering of wine to Jehovah. Numbers 28:6-7.

Further references to minchahs and drink-offerings in the different kinds of sacrifices are continued in Numbers 28:7-end; 29:1-end.

[6] The meaning that 'minchah and drink-offering' had may be seen in addition from the considerations that love and faith constitute the whole of worship, and that in the Holy Supper 'the bread' - described in the quotations above as fine flour mixed with oil - and 'the wine' mean love and faith, and so the whole of worship, dealt with in 1798, 2165, 2177, 2187, 2343, 2359, 3464, 3735, 3813, 4211, 4217.

[7] But when people fell away from the genuine representative kind of worship of the Lord and turned to other gods and poured out drink-offerings to these, 'drink-offerings' came to mean things that were the reverse of charity and faith, namely the evils and falsities that go with the love of the world; as in Isaiah,

You inflamed yourselves among the gods under every green tree. You have also poured out a drink-offering to them, you have brought a minchah. Isaiah 57:5-6.

'Inflaming oneself among the gods' stands for cravings for falsity - 'gods' meaning falsities, 4402 (end), 4544. 'Under every green tree' stands for the trust in all falsities which leads to those cravings, 2722, 4552. 'Pouring out a drink-offering to them' and 'bringing a minchah' stand for the worship of those falsities. In the same prophet,

You who forsake Jehovah, who forget My holy mountain, who set a table for Gad, and fill a drink-offering for Meni. Isaiah 65:11.

In Jeremiah,

The sons gather pieces of wood, and the fathers kindle fire, and the women knead dough to make cakes for the queen of heaven, and to pour out drink-offerings to other gods. Jeremiah 7:18.

[8] In the same prophet,

We will surely do every word that has gone out of our mouth, to burn incense to the queen of heaven, and to pour out drink-offerings to her, as we did, we and our fathers, and our princes in the cities of Judah and in the streets of Jerusalem. Jeremiah 44:17-19.

'The queen of heaven' stands for all falsities, for 'the hosts of heaven' in the genuine sense means truths, and in the contrary sense falsities, and so in the same way do 'king' and 'queen'. 'Queen' accordingly stands for all [falsities] and 'pouring out drink-offerings to her' means worshipping them.

[9] In the same prophet,

The Chaldeans will burn the city, and the houses upon whose roofs they have burned incense to Baal and poured out drink-offerings to other gods. Jeremiah 32:29.

'The Chaldeans' stands for people whose worship involves falsity. 'Burning the city' stands for destroying and laying waste those whose doctrines teach falsity. Upon the roofs of the houses burning incense to Baal' stands for the worship of what is evil, 'pouring out drink-offerings to other gods' for the worship of what is false.

[10] In Hosea,

They will not dwell in Jehovah's land, but Ephraim will return to Egypt, and in Assyria they will eat what is unclean. They will not pour libations of wine to Jehovah. Hosea 9:3-4.

'Not dwelling in Jehovah's land' stands for not abiding in the good of love. 'Ephraim will return to Egypt' stands for the Church when its understanding will come to be no more than factual and sensory knowledge. 'In Assyria they will eat what is unclean' stands for impure and profane desires that are the product of reasoning. 'They will not pour libations of wine to Jehovah' stands for no worship based on truth.

[11] In Moses,

It will be said, Where are their gods, the rock in which they trusted, who ate the fat of the sacrifices, [who] drank the wine of their drink-offering? Let them rise up and help them! Deuteronomy 32:37-38.

'Gods' stands for falsities, as above. 'Who ate the fat of the sacrifices' stands for their destruction of the good belonging to worship, '[who] drank the wine of their drink-offering' for their destruction of the truth belonging to it. A reference to 'drink-offerings of blood' also occurs in David,

They will multiply their pains; they have hastened to another, lest I pour out their drink-offerings of blood, and take up their names upon My lips. Psalms 16:4.

By these 'drink-offerings' are meant profanations of truth, for in this case 'blood' means violence done to charity, 374, 1005, and profanation, 1003.