SWED-A Stock Analysis: Swedbank (publ) | ST
Banks - Regional | ST, Sweden | Market Cap: 427.573m SEK | 12M Return: 49.3% | SE0000242455 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 465M
EPS Trend: -62.4%
Qual. Beats: 0
Rev. Trend: -50.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Swedbank AB (publ) is a Swedish universal bank founded in 1820 and headquartered in Sundbyberg, Sweden. It provides retail and corporate banking services to customers across Sweden, the Baltic states (Estonia, Latvia, Lithuania), Norway, Finland, Denmark, Luxembourg, the United States, and China.
The company operates through four reporting segments: Swedish Banking, Baltic Banking, Corporates and Institutions, and Premium and Private Banking. Its product portfolio spans savings and investment solutions (mutual funds, pension savings, asset management), financing (residential, consumer, corporate, leasing, trade finance, factoring), payments and card services, capital markets and trading, insurance, mortgage lending, and private banking. It also offers internet and mobile banking channels.
As a Nordic-Baltic retail-focused regional bank under the GICS Regional Banks sub-industry, Swedbank follows a universal banking model that combines mass-market deposit-taking and lending with private banking, institutional asset management, and corporate and investment banking services. The company was previously named ForeningsSparbanken AB before adopting its current name in September 2006.
- Baltic Banking margins expand on rising ECB rate environment
- Swedish mortgage volumes grow amid resilient housing market
- Capital return to shareholders accelerates through dividends and buybacks
| Net Income: 31.2b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -2.13 > 1.0 |
| NWC/Revenue: -922.6% < 20% (prev -854.8%; Δ -67.80% < -1%) |
| CFO/TA -0.01 > 3% & CFO -31.9b > Net Income 31.2b |
| Net Debt (625b) to EBITDA (41.5b): 15.06 < 3 |
| Current Ratio: 0.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.13b) vs 12m ago 0.09% < -2% |
| Gross Margin: 60.45% > 18% (prev 54.57%; Δ 5.88% > 0.5%) |
| Asset Turnover: 3.58% > 50% (prev 4.17%; Δ -0.59% > 0%) |
| Interest Coverage Ratio: 0.92 > 6 (EBIT TTM 39.1b / Interest Expense TTM 42.4b) |
| A: -0.32 (Total Current Assets 396b - Total Current Liabilities 1458b) / Total Assets 3307b |
| B: 0.05 (Retained Earnings 161b / Total Assets 3307b) |
| C: 0.01 (EBIT TTM 39.1b / Avg Total Assets 3220b) |
| D: 0.07 (Book Value of Equity 207b / Total Liabilities 3100b) |
| Altman-Z'' = -1.80 = D |
As of August 22, 2026, the stock is trading at SEK 373.60 with a total of 1,477,807 shares traded. Over the past week, the price has changed by -1.81%, over one month by +1.72%, over three months by +9.37% and over the past year by +49.28%.
Current recommended Stop Loss: 366.00 (which is 2% or 1.5 ATR below the current price).
Swedbank (publ) has no consensus analysts rating.
P/E Trailing = 13.7912
P/E Forward = 14.1044
P/S = 6.18
P/B = 2.0635
P/EG = 7.4195
Revenue TTM = 115b SEK
EBIT TTM = 39.1b SEK
EBITDA TTM = 41.5b SEK
Long Term Debt = 657b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 257b SEK (from shortTermDebt, last fiscal year)
Debt = 1020b SEK (from shortLongTermDebtTotal, last quarter)
Net Debt = 625b SEK (calculated: Debt 1020b - CCE 396b)
Enterprise Value = 1052b SEK (428b + Debt 1020b - CCE 396b)
Interest Coverage Ratio = 0.92 (Ebit TTM 39.1b / Interest Expense TTM 42.4b)
EV/FCF = -32.46x (Enterprise Value 1052b / FCF TTM -32.4b)
FCF Yield = -3.08% (FCF TTM -32.4b / Enterprise Value 1052b)
FCF Margin = -28.15% (FCF TTM -32.4b / Revenue TTM 115b)
Net Margin = 27.11% (Net Income TTM 31.2b / Revenue TTM 115b)
Gross Margin = 60.45% ((Revenue TTM 115b - Cost of Revenue TTM 45.5b) / Revenue TTM)
Gross Margin QoQ = 61.43% (prev 63.00%)
Tobins Q-Ratio = 0.32 (Enterprise Value 1052b / Total Assets 3307b)
Interest Expense / Debt = 4.16% (Interest Expense 42.4b / Debt 1020b)
Taxrate = 20.61% (8.10b / 39.3b)
NOPAT = 31.0b (EBIT 39.1b * (1 - 20.61%))
Current Ratio = 0.27 (Total Current Assets 396b / Total Current Liabilities 1458b)
Debt / Equity = 4.93 (Debt 1020b / totalStockholderEquity, last quarter 207b)
Debt / EBITDA = 15.06 (Net Debt 625b / EBITDA 41.5b)
Debt / FCF = -19.27 (negative FCF - burning cash) (Net Debt 625b / FCF TTM -32.4b)
Total Stockholder Equity = 212b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.97% (Net Income 31.2b / Total Assets 3307b)
RoE = 14.70% (Net Income TTM 31.2b / Total Stockholder Equity 212b)
RoCE = 4.50% (EBIT 39.1b / Capital Employed (Equity 212b + L.T.Debt 657b))
RoIC = 1.48% (NOPAT 31.0b / Invested Capital 2100b)
WACC = 4.35% (E(428b)/V(1448b) * Re(6.86%) + D(1020b)/V(1448b) * Rd(4.16%) * (1-Tc(0.21)))
Discount Rate = 6.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 73.71 | Cagr: 0.08%
[DCF] Fair Price = unknown (Cash Flow -32.4b)
EPS Correlation: -62.43 | EPS CAGR: -2.62% | SUE: -0.44 | # QB: 0
Revenue Correlation: -50.23 | Revenue CAGR: -5.04% | SUE: 0.53 | # QB: 0
EPS current Quarter (2026-09-30): EPS=7.46 | Chg30d=+2.80% | Revisions=+50% | Analysts=3
EPS current Year (2026-12-31): EPS=27.86 | Chg30d=+2.64% | Revisions=+67% | GrowthEPS=-3.9% | GrowthRev=+4.1%
EPS next Year (2027-12-31): EPS=29.89 | Chg30d=+0.82% | Revisions=+67% | GrowthEPS=+7.3% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: +83% (up=15, down=0)