Swedbank AB (publ)

Swedbank AB (publ)

SWED-A.ST
Swedbank AB (publ)SE flagStockholm Stock Exchange
367.40
SEK
+1.20
- -
412.85BMarket Cap
Swedbank AB (publ)
SWED-A.ST
(Stockholm Stock Exchange)

Recent

price

367.40

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
26.12
28.78
32.19
32.66
34.28
33.23
34.41
36.2
38.08
40.31
40.27
41.66
45.68
64.25
65.17
60.39
46.04
Revenue per Share
6.43
9.53
12.12
10.19
14.93
14.23
17.6
17.38
18.96
17.62
11.55
18.62
19.03
30.35
30.99
29.14
20.81
Basic EPS, GAAP
-13.98
67.53
-9.04
-24.77
7.1
60.51
-48.73
50.57
10.58
33.76
97.23
43.85
-16.91
-129.83
71.46
-41.65
-35.51
Free Cash Flow per Basic Share
0.06
2.67
5.31
9.92
10.11
11.35
10.71
13.2
13.01
14.21
- -
14.55
11.25
9.75
15.15
21.7
29.79
Dividend per Share
52.19
50.18
60.25
63.32
70.2
72.95
76.81
74.77
79.49
78.84
93.62
95.03
104.89
123.75
136.26
140.38
158.96
Book Value per Share
64.64
69.73
78.13
87.52
93.58
99.24
103.98
103.4
107.94
108.02
122.2
126.84
139.11
158.6
175.99
180.7
156.74
Tangible Book Value per Share
1,158
1,128
1,098
1,097
1,101
1,105
1,110
1,113
1,116
1,118
1,120
1,121
1,123
1,125
1,125
1,124
1,124
Basic Weighted Avg Shares
30,261
32,474
35,337
35,840
37,749
36,711
38,198
40,298
42,507
45,072
45,091
46,705
51,289
72,254
73,332
67,899
51,748
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1,587
3,102
1,228
1,201
768
936
664
776
993
1,636
1,580
1,687
2,820
2,007
2,960
2,225
1,719
Depreciation Expense
7,444
11,744
14,304
12,901
16,447
15,727
19,539
19,350
21,162
19,697
12,929
20,871
21,365
34,128
34,869
32,762
23,394
Net Income, GAAP
24.83
23.79
21.36
21.18
20.46
22.7
17.71
20.34
20.24
19.29
22.95
19.15
20.16
21.76
21.09
20.59
20.35
Effective Tax Rate (%)
24.6
36.16
40.48
36
43.57
42.84
51.15
48.02
49.78
43.7
28.67
44.69
41.66
47.23
47.55
48.25
45.21
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
714,436
801,477
781,761
736,434
853,969
851,148
868,927
876,073
842,691
902,152
770,612
808,018
881,361
873,363
922,526
913,660
1,022,722
LT Debt
95,035
96,551
103,186
109,705
117,373
123,342
129,705
131,433
137,609
138,633
155,193
161,696
176,081
198,790
218,902
225,827
199,113
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
13.16
18.36
21.67
16.49
22.41
19.92
23.56
22.97
24.61
22.27
13.4
19.75
19.05
26.57
23.84
21.06
13.04
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,124
1,124
Market Capitalization
318,512
361,021
358,444

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
263,628
279,149
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
6.32%
7.85%
3.16%
Free Cash Flow
10.63%
32.46%
-158.24%
Net Income, GAAP
11.1%
23.93%
-6.04%
Sales/Revenue/Turnover
6.95%
9.67%
-7.41%
Total Cash Common Dividend
- -
13.09%
43.08%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,958
18,048
18,796
18,527
73,332
2025
17,168
16,796
- -
17,995
67,899
2026
16,957
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.49
7.64
8.33
7.53
30.99
2025
7.29
7.01
- -
7.26
29.14
2026
6.54
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
15.15
2025
- -
- -
- -
- -
21.7
2026
29.8
- -
- -
- -
- -
Business
Swedbank AB (publ) operates as a leading Nordic banking group providing a comprehensive range of retail, corporate, and investment banking services to private individuals, small and medium-sized enterprises, and large corporates; core offerings include savings accounts, mutual funds, insurance savings, pension savings, and institutional asset management; private residential mortgages, consumer financing, corporate lending, leasing, trade finance, and factoring; current accounts, cash handling, debit and credit cards, card acquiring, domestic and international payments; equity trading, structured products, corporate finance, custody, fixed income, currency trading, and capital market products; as well as life insurance, advisory and investment banking services such as debt capital markets, leveraged finance, loans syndication, transaction banking including cash management, securities services, commercial payments, clearing and settlement, administrative services, treasury operations, real estate brokerage, and digital banking channels via apps, internet, and mobile platforms. The company serves approximately 7.3 million private customers and 550,000 corporate customers through 142 branches in Sweden, 69 in the Baltic countries (Estonia, Latvia, Lithuania), and international operations in Norway, Finland, Denmark, China, the United States, and South Africa, organized into Swedish Banking, Baltic Banking, Large Corporates & Institutions, and Group Functions segments. Founded in 1820 with roots in the Swedish savings bank movement and headquartered in Sundbyberg, Sweden, Swedbank maintains leading market shares in Swedish mortgages, retail deposits, and asset management while holding strong positions in the Baltics. Recent strategic developments include the completion of the acquisition of digital mortgage provider Stabelo in November 2025 for approximately SEK 350 million to enhance mortgage offerings with new technology and distribution channels, while Stabelo continues as a complementary brand; a March 2025 partnership with SpareBank 1 to establish SB1 Markets as a Nordic investment bank; completion of a share buyback program in February 2025 for performance-based compensation; appointment of Martin Noréus as Chief Risk Officer effective May 2026 alongside internal promotions in Baltic and credit leadership; and 73% growth in sustainable assets to SEK 128 billion by 2024 in alignment with EU regulations.