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Swedish (OMX) Banks Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies6
  • 7D0.3%
  • 3M14.4%
  • 1Y-1.5%
  • YTD-3.4%

Over the last 7 days, the Banks industry has remained flat. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 4.9% per annum.

Industry Valuation and Performance

Has the Swedish Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022kr1.1tkr254.4bkr103.5b10.1x10.3x4.2x
Mon, 31 Oct 2022kr1.0tkr254.6bkr103.6b9.9x10.1x4.1x
Wed, 28 Sep 2022kr970.9bkr249.3bkr102.7b9.2x9.5x3.9x
Fri, 26 Aug 2022kr959.7bkr245.9bkr101.4b9x9.5x3.9x
Sun, 24 Jul 2022kr933.0bkr243.0bkr100.2b9.1x9.3x3.8x
Tue, 21 Jun 2022kr936.2bkr244.4bkr102.5b8.9x9.1x3.8x
Thu, 19 May 2022kr975.0bkr243.1bkr102.0b9.8x9.6x4x
Sat, 16 Apr 2022kr976.0bkr242.9bkr105.5b9.6x9.3x4x
Mon, 14 Mar 2022kr957.1bkr245.6bkr106.6b9.2x9x3.9x
Wed, 09 Feb 2022kr1.1tkr246.5bkr105.6b10.9x10.5x4.5x
Fri, 07 Jan 2022kr1.1tkr242.6bkr100.7b11.8x11.3x4.7x
Sun, 05 Dec 2021kr1.1tkr242.7bkr100.7b11.7x11.1x4.6x
Tue, 02 Nov 2021kr1.1tkr238.5bkr99.1b12.1x11.4x4.7x
Thu, 30 Sep 2021kr1.1tkr235.2bkr94.5b12.7x12x4.8x
Sat, 28 Aug 2021kr1.1tkr234.7bkr94.3b11.9x11.3x4.5x
Sun, 04 Jul 2021kr1.0tkr234.7bkr94.3b11.4x10.7x4.3x
Wed, 07 Apr 2021kr946.1bkr220.3bkr81.9b11.8x11.5x4.3x
Sat, 09 Jan 2021kr786.3bkr205.8bkr67.2b11.8x11.7x3.8x
Fri, 02 Oct 2020kr760.8bkr210.5bkr68.4b10.5x11.1x3.6x
Mon, 06 Jul 2020kr573.1bkr162.4bkr39.9b10.8x14.4x3.5x
Thu, 09 Apr 2020kr500.6bkr174.1bkr47.1b8.9x10.6x2.9x
Wed, 01 Jan 2020kr659.4bkr179.0bkr56.0b10.5x11.8x3.7x
Price to Earnings Ratio

11.2x


Total Market Cap: kr598.1bTotal Earnings: kr53.5bTotal Revenue: kr178.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Banks Industry Price to Earnings3Y Average 11.3x202020212022
Current Industry PE
  • Investors are relatively neutral on the Swedish Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.3x.
  • The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Financials industry?

SE Market0.39%
Financials-1.11%
Banks0.34%
Diversified Banks0.34%
Regional Banks0%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 11.3x.
    • Analysts are expecting annual earnings growth of 4.9%, which is lower than the prior year's growth of 13.0% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 11.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 4.9% over the next 5 years.
  • However this is lower than its past earnings growth rate of 13% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 4.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SEB A Skandinaviska Enskilda Bankenkr120.050.5%
+kr1.4b
-8.8%PB1.3x
SWED A Swedbankkr168.850.7%
+kr1.3b
-8.1%PB1.1x
SHB A Svenska Handelsbankenkr104.700.4%
+kr792.0m
9.6%PB1.1x
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Latest News

NDA SE

kr109.50

Nordea Bank Abp

7D

0.04%

1Y

2.1%

SHB A

kr104.70

Svenska Handelsbanken

7D

0.4%

1Y

9.6%

SWED A

kr168.85

Swedbank

7D

0.7%

1Y

-8.1%

SEB A

kr120.05

Skandinaviska Enskilda Banken

7D

0.5%

1Y

-8.8%

COLL

kr28.15

Collector Bank

7D

-0.5%

1Y

n/a

TFBANK

kr175.60

TF Bank

7D

-1.9%

1Y

-23.2%