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Avanza Bank Holding AB (publ)

Avanza Bank Holding AB (publ)

AZA.ST
Avanza Bank Holding AB (publ)SE flagStockholm Stock Exchange
389.90
SEK
-5.50
- -
61.54BMarket Cap
Avanza Bank Holding AB (publ)
AZA.ST
(Stockholm Stock Exchange)

Recent

price

389.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.48
4.92
3.92
4.14
4.82
6.2
6.19
6.53
6.97
7.84
15.24
21.28
19.07
21.93
24.81
28.54
27.3
Revenue per Share
1.95
2.06
1.12
1.34
1.73
2.85
2.69
2.54
2.32
2.94
8.66
13.19
10.69
12.64
14.34
16.71
15.9
Basic EPS, GAAP
7.51
18.16
-3.32
9.88
10.09
26.4
8.23
11.24
32.37
14.59
44.61
28.82
49.06
55.14
25.39
200.12
174.18
Free Cash Flow per Basic Share
1.59
1.88
1.97
1.6
1.6
1.38
2.08
2.09
2.09
2.09
2.3
3.81
9.18
7.5
11.5
11.74
11.75
Dividend per Share
4.22
4.85
3.72
3.22
3.78
5.2
5.79
6.59
7.56
8.37
15.89
26.21
27.62
32.66
35.43
40.55
32.05
Book Value per Share
5.67
6.02
5.62
5.34
5.47
7.46
8.4
8.96
10.18
12.29
20.05
29.61
31.07
36.66
39.77
49.82
41.66
Tangible Book Value per Share
139
141
143
144
144
146
148
149
150
152
154
155
156
157
157
157
157
Basic Weighted Avg Shares
621
695
562
597
696
905
918
976
1,048
1,193
2,350
3,301
2,973
3,437
3,901
4,493
4,292
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
11
11
22
10
7
8
8
12
20
63
84
70
81
88
92
96
96
Depreciation Expense
271
291
160
193
250
415
399
379
349
447
1,335
2,047
1,666
1,982
2,254
2,631
2,500
Net Income, GAAP
18.13
14.66
20.4
14.6
15.54
14.43
14.19
14.29
16.51
14.04
15.36
16
14.12
13.53
14
14.52
14.18
Effective Tax Rate (%)
43.64
41.87
28.47
32.33
35.92
45.86
43.46
38.83
33.3
37.47
56.81
62.01
56.04
57.67
57.78
58.56
58.25
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
99
99
99
100
186
171
122
83
92
281
356
368
LT Debt
813
875
828
794
815
1,126
1,308
1,427
1,615
1,945
3,172
4,701
4,951
5,833
6,320
7,929
6,607
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
48.48
45.79
26.25
38.68
49.5
63.65
49.32
41.11
32.89
37.1
71.74
62.83
39.79
42.05
42.17
44.02
53.09
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
157
157
157
Market Capitalization
42,910
48,004
50,426

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
8,194
7,612
13,554
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.71%
21.03%
25.46%
Free Cash Flow
99.88%
136.84%
688.91%
Net Income, GAAP
29.41%
16.83%
16.73%
Sales/Revenue/Turnover
20.08%
14.96%
15.18%
Total Cash Common Dividend
31.43%
49.45%
2.21%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
881
846
864
887
3,437
2024
962
942
972
1,077
3,901
2025
1,167
1,076
1,151
- -
4,493

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3.2
3.01
3.25
3.18
12.64
2024
3.53
3.22
3.61
3.97
14.34
2025
4.5
3.82
3.97
- -
16.71

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
7.5
- -
- -
7.5
2024
- -
11.5
- -
- -
11.5
2025
- -
11.75
- -
- -
11.74
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Business
Avanza Bank Holding AB (publ) (AZA.ST) operates as a leading Swedish online bank specializing in savings, investments, and pensions through a digital platform. The company provides a comprehensive range of products and services, including trading in Swedish and foreign equities, funds, bonds, derivatives, and other securities; investment savings accounts (ISK), endowment insurance, occupational pensions, and individual pension plans; savings accounts with competitive rates and no fixed fees; margin lending; internally financed mortgages for private banking clients; and external mortgages distributed through partners such as Landshypotek; alongside educational tools, market analysis via Placera Media, and proprietary funds managed by subsidiary Avanza Fonder AB, including low-cost offerings like Avanza Zero and Avanza Global. Avanza serves primarily individual investors, professional traders, entrepreneurs, asset managers, and corporate clients seeking occupational pensions, with a customer base exceeding 2.2 million and savings capital surpassing SEK 1,000 billion, representing about 7.9% of the Swedish savings market. Founded in 1999 and headquartered in Stockholm, Sweden, the company conducts all operations domestically through subsidiaries including Avanza Bank AB, Avanza Fonder AB, and Placera Media Stockholm AB. Recent developments include the acquisition of Sigmastocks in July 2025 to enhance discretionary portfolio management for private banking clients; the sale of its stake in mortgage provider Stabelo to Swedbank to broaden mortgage offerings with higher loan-to-value ratios; issuance of SEK 800 million in Additional Tier 1 capital in Q2 2025; expansion of digital trading to Spain, Switzerland, and approximately 100 London Stock Exchange-listed companies; initiation of external savings account closures starting in 2025, targeting completion by spring 2026; and sustained customer growth with 132,300 net new customers and SEK 47.7 billion net inflow through September 2025.