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Swedish (OMX) Diversified Banks Industry Analysis

UpdatedDec 28, 2025
DataAggregated Company Financials
Companies7
  • 7D0.6%
  • 3M9.0%
  • 1Y31.0%
  • YTDn/a

In the last week, Diversified Banks has been flat. As for the the longer term, the industry is up 31% over the past 12 months. Looking forward, earnings are forecast to grow by 1.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Dec 2025SEK 1.1tSEK 218.6bSEK 94.9b12.2x11.5x5x
Tue, 25 Nov 2025SEK 1.0tSEK 218.6bSEK 94.9b11.4x10.8x4.7x
Thu, 23 Oct 2025SEK 1.0tSEK 223.1bSEK 98.2b10.8x10.3x4.5x
Sat, 20 Sep 2025SEK 942.3bSEK 216.3bSEK 95.2b10.2x9.9x4.4x
Mon, 18 Aug 2025SEK 938.7bSEK 216.3bSEK 95.2b10.4x9.9x4.3x
Wed, 16 Jul 2025SEK 893.6bSEK 220.7bSEK 98.1b9.5x9.1x4x
Fri, 13 Jun 2025SEK 893.9bSEK 220.6bSEK 98.0b9.6x9.1x4.1x
Sun, 11 May 2025SEK 863.7bSEK 220.6bSEK 98.0b9.3x8.8x3.9x
Tue, 08 Apr 2025SEK 702.5bSEK 222.9bSEK 99.9b7.4x7x3.2x
Thu, 06 Mar 2025SEK 933.5bSEK 222.9bSEK 99.9b9.8x9.3x4.2x
Sat, 01 Feb 2025SEK 849.5bSEK 222.5bSEK 99.7b8.9x8.5x3.8x
Mon, 30 Dec 2024SEK 795.4bSEK 221.6bSEK 100.2b8.4x7.9x3.6x
Wed, 27 Nov 2024SEK 773.2bSEK 221.6bSEK 100.2b8.1x7.7x3.5x
Fri, 25 Oct 2024SEK 778.5bSEK 221.6bSEK 100.2b8.1x7.8x3.5x
Sun, 22 Sep 2024SEK 1.2tSEK 356.0bSEK 159.4b7.5x7.7x3.4x
Tue, 20 Aug 2024SEK 1.2tSEK 356.9bSEK 159.7b7.4x7.5x3.4x
Thu, 18 Jul 2024SEK 1.2tSEK 357.6bSEK 160.4b7.5x7.6x3.4x
Sat, 15 Jun 2024SEK 1.2tSEK 352.8bSEK 160.2b7.5x7.6x3.4x
Mon, 13 May 2024SEK 1.2tSEK 357.7bSEK 162.4b7.4x7.6x3.5x
Wed, 10 Apr 2024SEK 1.2tSEK 349.7bSEK 158.0b7.8x7.7x3.5x
Fri, 08 Mar 2024SEK 1.3tSEK 346.6bSEK 156.7b8.3x8.2x3.7x
Sun, 04 Feb 2024SEK 1.2tSEK 347.1bSEK 158.5b8x7.8x3.6x
Tue, 02 Jan 2024SEK 1.2tSEK 341.5bSEK 155.6b7.8x7.6x3.5x
Thu, 30 Nov 2023SEK 1.1tSEK 344.3bSEK 156.8b7.1x7x3.2x
Sat, 28 Oct 2023SEK 1.1tSEK 349.2bSEK 159.0b6.9x6.7x3.1x
Mon, 25 Sep 2023SEK 1.1tSEK 331.0bSEK 146.4b7.8x7.9x3.5x
Wed, 23 Aug 2023SEK 1.1tSEK 331.2bSEK 146.5b7.4x7.5x3.3x
Fri, 21 Jul 2023SEK 1.1tSEK 327.3bSEK 144.9b7.5x7.5x3.3x
Sun, 18 Jun 2023SEK 1.1tSEK 306.2bSEK 130.8b8.3x8.2x3.5x
Tue, 16 May 2023SEK 1.0tSEK 302.1bSEK 129.1b7.8x7.8x3.3x
Thu, 13 Apr 2023SEK 1.0tSEK 278.5bSEK 112.1b8.7x9.2x3.7x
Sat, 11 Mar 2023SEK 1.2tSEK 278.7bSEK 112.2b9.7x10.4x4.2x
Mon, 06 Feb 2023SEK 1.2tSEK 275.4bSEK 111.2b10.8x10.7x4.3x
Wed, 04 Jan 2023SEK 1.1tSEK 256.8bSEK 104.4b10.3x10.5x4.3x
Price to Earnings Ratio

10.5x


Total Market Cap: SEK 1.1tTotal Earnings: SEK 104.4bTotal Revenue: SEK 256.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Diversified Banks Industry Price to Earnings3Y Average 8.5x20242025
Current Industry PE
  • Investors are optimistic on the Swedish Diversified Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.5x which is higher than its 3-year average PE of 8.5x.
  • The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have declined 3.1% per year over the last three years,
  • Revenues have also declined 5.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Swedish Diversified Banks compare with similar industries?

SE Market0.44%
Financials0.83%
Banks0.64%
Diversified Banks0.64%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SWED A SwedbankSEK 318.701.0%
+SEK 3.4b		46.5%PB1.6x
NOBA NOBA Bank GroupSEK 119.443.1%
+SEK 1.8b		n/aPB2.4x
SHB A Svenska HandelsbankenSEK 133.400.6%
+SEK 1.7b		17.1%PB1.4x
TFBANK TF BankSEK 166.901.3%
+SEK 139.6m		33.5%PB3.5x
LEA Lea BankSEK 15.301.0%
+SEK 14.4m		n/aPB1.1x

Latest News

SHB A
SEK 133.40
Svenska Handelsbanken
7D
0.6%
1Y
17.1%

SHB A: Future Returns Will Rely On Margins As Revenue Expectations Cool

Svenska Handelsbanken's analyst price target has inched higher to SEK 128 from SEK 122, as analysts point to slightly firmer profitability expectations that more than offset tempered revenue growth assumptions. Analyst Commentary Recent price target increases reflect a generally balanced stance among the analyst community, with modest upgrades aligning with incremental improvements in profitability expectations rather than a major shift in growth outlook.
NOBA
SEK 119.44
NOBA Bank Group
7D
3.1%
1Y
n/a
SWED A
SEK 318.70
Swedbank
7D
1.0%
1Y
46.5%

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.
TFBANK
SEK 166.90
TF Bank
7D
1.3%
1Y
33.5%
LEA
SEK 15.30
Lea Bank
7D
1.0%
1Y
n/a
NORION
SEK 71.40
Norion Bank
7D
-0.8%
1Y
94.6%