Swedbank (SWED A) Stock Overview
Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
SWED A Community Fair Values
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Analyst Price Targets
Top Community Narratives
SEK 213.52
FV
62.9% overvalued intrinsic discount6.00%
Revenue growth p.a.
93
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Swedbank AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 347.90 |
| 52 Week High | SEK 363.90 |
| 52 Week Low | SEK 242.70 |
| Beta | 0.55 |
| 1 Month Change | 8.82% |
| 3 Month Change | 5.04% |
| 1 Year Change | 40.85% |
| 3 Year Change | 86.94% |
| 5 Year Change | 128.58% |
| Change since IPO | 755.49% |
Recent News & Updates
Narrative Update • Jun 06
SWED A: Future Returns Will Balance Governance Overhang With High Shareholder Payouts
Swedbank's analyst price targets have recently shifted within a relatively tight range. Citi trimmed its view to SEK 315 from SEK 330, and Morgan Stanley nudged its target up to SEK 309 from SEK 300, as analysts fine tune assumptions on discount rates, revenue growth and profit margins while overall fair value estimates remain stable.Narrative Update • May 21
SWED A: Future Returns Will Balance Higher Payouts With Tighter Repricing Range
Swedbank's fair value estimate has been nudged higher by about SEK 1 to SEK 340, as analysts factor in recent mixed price target moves from Citi and Morgan Stanley, along with modest adjustments to discount rate, growth and profit margin assumptions. Analyst Commentary Recent research on Swedbank shows a mix of cautious and more optimistic views, with several price target tweaks clustered in a relatively tight SEK range and a couple of rating upgrades.Narrative Update • May 05
SWED A: Future Returns Will Reflect Higher Payouts And Cautious Repricing After Upgrades
Swedbank's analyst price target has been adjusted slightly higher to SEK 339.31 from SEK 335.33, as analysts factor in updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, following a series of recent target increases and upgrades across major banks. Analyst Commentary Recent research activity around Swedbank has centered on refreshed valuation work, reflected in several price target changes and rating moves.Analysis Article • May 02
Analyst Estimates: Here's What Brokers Think Of Swedbank AB (publ) (STO:SWED A) After Its First-Quarter Report
As you might know, Swedbank AB (publ) ( STO:SWED A ) recently reported its first-quarter numbers. It was a credible...Narrative Update • Apr 20
SWED A: Future Returns Will Reflect Higher Payouts And Repriced Earnings Profile
The analyst fair value estimate for Swedbank has been nudged higher to SEK 335.33 from SEK 331.60, with analysts pointing to recent price target hikes and updates to assumptions for profit margins, revenue growth, and forward P/E as key drivers of the change. Analyst Commentary Recent Street research on Swedbank has focused on refreshed price targets and updated assumptions for earnings power, which feed into the latest fair value estimate.Recent updates
Narrative Update • Jun 06
SWED A: Future Returns Will Balance Governance Overhang With High Shareholder Payouts
Swedbank's analyst price targets have recently shifted within a relatively tight range. Citi trimmed its view to SEK 315 from SEK 330, and Morgan Stanley nudged its target up to SEK 309 from SEK 300, as analysts fine tune assumptions on discount rates, revenue growth and profit margins while overall fair value estimates remain stable.Narrative Update • May 21
SWED A: Future Returns Will Balance Higher Payouts With Tighter Repricing Range
Swedbank's fair value estimate has been nudged higher by about SEK 1 to SEK 340, as analysts factor in recent mixed price target moves from Citi and Morgan Stanley, along with modest adjustments to discount rate, growth and profit margin assumptions. Analyst Commentary Recent research on Swedbank shows a mix of cautious and more optimistic views, with several price target tweaks clustered in a relatively tight SEK range and a couple of rating upgrades.Narrative Update • May 05
SWED A: Future Returns Will Reflect Higher Payouts And Cautious Repricing After Upgrades
Swedbank's analyst price target has been adjusted slightly higher to SEK 339.31 from SEK 335.33, as analysts factor in updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, following a series of recent target increases and upgrades across major banks. Analyst Commentary Recent research activity around Swedbank has centered on refreshed valuation work, reflected in several price target changes and rating moves.Analysis Article • May 02
Analyst Estimates: Here's What Brokers Think Of Swedbank AB (publ) (STO:SWED A) After Its First-Quarter Report
As you might know, Swedbank AB (publ) ( STO:SWED A ) recently reported its first-quarter numbers. It was a credible...Narrative Update • Apr 20
SWED A: Future Returns Will Reflect Higher Payouts And Repriced Earnings Profile
The analyst fair value estimate for Swedbank has been nudged higher to SEK 335.33 from SEK 331.60, with analysts pointing to recent price target hikes and updates to assumptions for profit margins, revenue growth, and forward P/E as key drivers of the change. Analyst Commentary Recent Street research on Swedbank has focused on refreshed price targets and updated assumptions for earnings power, which feed into the latest fair value estimate.Narrative Update • Apr 04
SWED A: Future Returns Will Reflect Repriced Earnings And Elevated Capital Distributions
Swedbank's analyst price target is now SEK 331.6. This reflects a modest recalibration supported by recent target increases from several firms as analysts factor in slightly adjusted discount rate, revenue growth, profit margin, and P/E assumptions. Analyst Commentary Recent Street research points to a cluster of upward price target revisions for Swedbank, with several firms adjusting their models around discount rates, revenue expectations, margins, and P/E assumptions.Narrative Update • Mar 21
SWED A: Future Returns Will Reflect Gradual Repricing And Elevated Capital Distributions
Swedbank's analyst fair value estimate has edged up to SEK 331.67 from SEK 327.80, reflecting a series of higher price targets from banks such as JPMorgan, Morgan Stanley and Citi as analysts refine their assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent target changes around SEK 324 have given investors more detail on how analysts are thinking about Swedbank's valuation and execution.Narrative Update • Mar 07
SWED A: Future Returns Will Reflect Steady Assumptions And Elevated Capital Payouts
Analysts have nudged their average price target on Swedbank higher, with recent SEK 20 to SEK 51 target increases from several banks clustering around SEK 324. Underlying model assumptions such as fair value, discount rate, revenue growth, profit margin and future P/E remain broadly unchanged.Narrative Update • Feb 20
SWED A: Future Returns Will Balance Legal Case Risk And Payout Support
Analysts have nudged their fair value estimate for Swedbank higher to SEK 327.80 from SEK 318.53, reflecting a series of recent price target increases from SEK 280 into the SEK 320+ range and slightly updated assumptions on discount rate, growth, margins and future P/E. Analyst Commentary Recent Street research around Swedbank has clustered around higher price targets, with several firms adjusting their views within a relatively tight SEK 280 to SEK 324 range.
New Narrative • Feb 06
Long Term Digital And Sustainability Trends Will Support A Stronger Banking Franchise
Catalysts About Swedbank Swedbank is a universal bank focused on retail and corporate customers across Sweden and the Baltic countries, offering lending, deposits, cards, savings, pensions and investment services. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 06
SWED A: Future Returns Will Reflect Legal Case Risk Despite Payout Optimism
Swedbank's analyst price target has increased by about SEK 10 to SEK 318.53, with analysts pointing to updated assumptions for revenue growth, profit margin and a lower discount rate, along with recent SEK 18 and SEK 51 target hikes and a SEK 290 target from major firms, even as one house adjusted its target slightly to SEK 280. Analyst Commentary Recent research updates show a mix of optimism and caution around Swedbank, with several firms revising their price targets and reassessing the risk and reward balance for investors.Narrative Update • Jan 22
SWED A: Future Returns Will Reflect Legal Case Uncertainty Despite Mixed Street Views
Analysts have lifted their fair value estimate for Swedbank to SEK 308.20 from about SEK 290.86, reflecting updated assumptions for revenue growth, profit margins and a slightly lower discount rate, as well as recent Street price target changes that include raises from Citi and JPMorgan and a small trim from Morgan Stanley. Analyst Commentary Street research on Swedbank has been mixed, with some banks lifting price targets and others trimming them slightly.
New Narrative • Jan 22
Mortgage Margin Pressure And Rising Baltic Costs Will Erode Returns Over Time
Catalysts About Swedbank Swedbank is a Nordic and Baltic bank focused on retail and corporate banking, savings, pensions and card services across Sweden, Estonia, Latvia and Lithuania. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 08
SWED A: Future Returns Will Reflect Margin Pressure And Ongoing Legal Risk
Swedbank's analyst price target has edged up from SEK 289.93 to SEK 290.86, as analysts balance slightly softer profit margin assumptions with updated P/E inputs and a mix of recent target revisions ranging from SEK 276 to SEK 290. Analyst Commentary Recent Street research on Swedbank shows a tight cluster of price targets between SEK 276 and SEK 290, with differing views on how attractive that range is relative to the current share price.Narrative Update • Dec 18
SWED A: Future Returns Will Reflect Margin Resilience Amid Ongoing Legal And Regulatory Risks
Swedbank's analyst price target has edged higher to about SEK 290 from roughly SEK 285, as analysts factor in slightly stronger profit margins, modestly improved long term growth expectations, and a marginally lower perceived risk profile despite mixed recent target revisions on the Street. Analyst Commentary Street commentary on Swedbank reflects a fairly balanced view, with modest upward revisions to price targets offset by lingering concerns over relative valuation and growth quality.Narrative Update • Dec 04
SWED A: Shares Will Track Margin Resilience While Regulatory Overhang Persists
Swedbank's analyst price target has been nudged higher to approximately SEK 285 from about SEK 281, as analysts factor in slightly stronger profit margins and more resilient revenue trends despite mixed recent target revisions across the Street. Analyst Commentary Street research on Swedbank reflects a mixed but generally constructive stance, with several recent upward revisions to price targets balanced by at least one downward move and a cautious rating on the downside.Narrative Update • Nov 20
SWED A: Shares Will Reflect Upgraded Outlook As Regulatory Risks Persist
Swedbank's analyst price target has been nudged higher, rising from SEK 280.13 to SEK 281.27. Analysts point to modest improvements in profit margin outlook and revenue growth projections.Narrative Update • Nov 05
SWED A: Price Targets Will Rise As Market Sentiment Improves Despite Ongoing Risks
Analysts have slightly raised their fair value estimate for Swedbank to SEK 280.13 from SEK 278.33. They cite updated market data and improved sentiment, which is reflected in recent price target increases from major research firms.Narrative Update • Oct 22
Swedbank Analyst Commentary Highlights Improved Outlook as Valuation Edges Higher Amid Ongoing Probes
Swedbank's analyst price target has increased from SEK 267.93 to SEK 278.33. This reflects analysts' cautiously improved outlook based on slightly lower projected revenue declines, a higher profit margin, and recent upward target revisions from major institutions.Narrative Update • Oct 08
Digital Transformation Overreach Will Erode Nordic Margins
Swedbank's analyst price target has been raised by approximately SEK 5.60, as analysts point to improved valuation estimates in light of modest adjustments to growth and profitability forecasts. Analyst Commentary Recent research updates on Swedbank reflect a mixture of optimistic and cautious perspectives regarding the bank's prospects.Narrative Update • Sep 04
Digital Transformation Overreach Will Erode Nordic Margins
Despite improved earnings momentum and capital strength, Swedbank’s price target was held steady at SEK262.33 as analysts cite limited valuation upside relative to peers and ongoing regulatory uncertainty. Analyst Commentary Improved earnings momentum and robust capital generation have driven upward adjustments in price targets despite conservative or neutral rating stances.
New Narrative • Nov 07
Muted Loan Demand And Rising Costs Threaten Future Growth And Profitability
Swedbank's growth may be constrained by stable private mortgage demand and reduced corporate lending, affecting future revenue projections.Shareholder Returns
| SWED A | SE Banks | SE Market | |
|---|---|---|---|
| 7D | 3.5% | 2.8% | 0.3% |
| 1Y | 40.9% | 22.6% | 14.1% |
Return vs Industry: SWED A exceeded the Swedish Banks industry which returned 17.8% over the past year.
Return vs Market: SWED A exceeded the Swedish Market which returned 10.8% over the past year.
Price Volatility
| SWED A volatility | |
|---|---|
| SWED A Average Weekly Movement | 3.2% |
| Banks Industry Average Movement | 4.9% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in SE Market | 13.9% |
| 10% least volatile stocks in SE Market | 3.6% |
Stable Share Price: SWED A has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: SWED A's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1820 | 17,346 | Jens Henriksson | www.swedbank.com |
Swedbank AB (publ) provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. It operates through Swedish Banking; Baltic Banking; Corporates and Institutions; and Premium and Private Banking segments. The company offers saving and investment solutions, such as savings accounts, mutual funds and insurance savings, pension savings, institutional asset management, and other savings and investment products; financing solutions, including private residential lending, consumer financing, corporate lending, leasing, and other financing products, as well as trade finance and factoring services; and payment and card services, which include current accounts, cash management, cash handling, debit and credit cards, and card acquiring, as well as domestic, international, mobile, document, and other payment products.
Swedbank AB (publ) Fundamentals Summary
| SWED A fundamental statistics | |
|---|---|
| Market cap | SEK 390.94b |
| Earnings (TTM) | SEK 31.91b |
| Revenue (TTM) | SEK 68.21b |
12.3x
P/E Ratio2.0x
P/B RatioIs SWED A overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SWED A income statement (TTM) | |
|---|---|
| Revenue | SEK 68.21b |
| Cost of Revenue | SEK 0 |
| Gross Profit | SEK 68.21b |
| Other Expenses | SEK 36.30b |
| Earnings | SEK 31.91b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 17, 2026
| Earnings per share (EPS) | 28.40 |
| Gross Margin | 100.00% |
| Net Profit Margin | 46.79% |
| Debt/Equity Ratio | 563.7% |
How did SWED A perform over the long term?
See historical performance and comparisonDividends
5.9%
Current Dividend Yield72%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 13:01 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Swedbank AB (publ) is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Michael Harrison | Barclays |
| Roberto de Aguiar Attuch | Barclays |