Analysts Have Made A Financial Statement On Skandinaviska Enskilda Banken AB (publ)'s (STO:SEB A) First-Quarter Report
May 02
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Swedish (OMX) Banks Industry Analysis
UpdatedMay 22, 2025
DataAggregated Company Financials
Companies6
- 7D3.1%
- 3M-0.8%
- 1Y18.5%
- YTD11.4%
The Banks industry has gained 3.1% in the last week and TF Bank up 3.4%. In the last 12 months, the industry was up 18%. As for the next few years, earnings are forecast to decline by 2.9% per annum.
Industry Valuation and Performance
Has the Swedish Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 23 May 2025 | SEK 903.1b | SEK 220.6b | SEK 98.0b | 9.6x | 9.2x | 4.1x |
| Sun, 20 Apr 2025 | SEK 778.1b | SEK 223.0b | SEK 99.9b | 8.1x | 7.8x | 3.5x |
| Tue, 18 Mar 2025 | SEK 929.0b | SEK 222.9b | SEK 99.9b | 9.7x | 9.3x | 4.2x |
| Thu, 13 Feb 2025 | SEK 885.6b | SEK 222.9b | SEK 99.9b | 9.3x | 8.9x | 4x |
| Sat, 11 Jan 2025 | SEK 821.3b | SEK 221.9b | SEK 100.3b | 8.6x | 8.2x | 3.7x |
| Mon, 09 Dec 2024 | SEK 810.9b | SEK 221.6b | SEK 100.2b | 8.6x | 8.1x | 3.7x |
| Wed, 06 Nov 2024 | SEK 807.8b | SEK 221.6b | SEK 100.2b | 8.4x | 8.1x | 3.6x |
| Fri, 04 Oct 2024 | SEK 1.2t | SEK 356.1b | SEK 159.4b | 7.2x | 7.3x | 3.3x |
| Sun, 01 Sep 2024 | SEK 1.2t | SEK 355.9b | SEK 159.3b | 7.5x | 7.7x | 3.4x |
| Tue, 30 Jul 2024 | SEK 1.3t | SEK 360.3b | SEK 161.2b | 7.6x | 7.8x | 3.5x |
| Thu, 27 Jun 2024 | SEK 1.2t | SEK 353.2b | SEK 160.4b | 7.4x | 7.5x | 3.4x |
| Sat, 25 May 2024 | SEK 1.2t | SEK 356.5b | SEK 161.8b | 7.3x | 7.5x | 3.4x |
| Mon, 22 Apr 2024 | SEK 1.2t | SEK 353.7b | SEK 161.4b | 7.6x | 7.5x | 3.4x |
| Wed, 20 Mar 2024 | SEK 1.3t | SEK 348.2b | SEK 157.4b | 8.2x | 8.1x | 3.7x |
| Fri, 16 Feb 2024 | SEK 1.2t | SEK 346.7b | SEK 157.0b | 8x | 7.9x | 3.6x |
| Sun, 14 Jan 2024 | SEK 1.2t | SEK 343.1b | SEK 156.3b | 7.9x | 7.7x | 3.5x |
| Tue, 12 Dec 2023 | SEK 1.2t | SEK 343.3b | SEK 156.4b | 7.5x | 7.4x | 3.4x |
| Thu, 09 Nov 2023 | SEK 1.1t | SEK 347.6b | SEK 158.3b | 7x | 6.8x | 3.1x |
| Sat, 07 Oct 2023 | SEK 1.1t | SEK 328.1b | SEK 145.2b | 7.7x | 7.8x | 3.4x |
| Mon, 04 Sep 2023 | SEK 1.1t | SEK 331.6b | SEK 146.7b | 7.5x | 7.5x | 3.3x |
| Wed, 02 Aug 2023 | SEK 1.1t | SEK 328.6b | SEK 145.4b | 7.5x | 7.6x | 3.3x |
| Fri, 30 Jun 2023 | SEK 1.1t | SEK 308.1b | SEK 131.5b | 8x | 8x | 3.4x |
| Sun, 28 May 2023 | SEK 1.0t | SEK 305.8b | SEK 130.6b | 7.7x | 7.8x | 3.3x |
| Tue, 25 Apr 2023 | SEK 1.1t | SEK 278.1b | SEK 112.0b | 9.1x | 9.6x | 3.9x |
| Thu, 23 Mar 2023 | SEK 1.1t | SEK 276.5b | SEK 111.4b | 9.1x | 9.7x | 3.9x |
| Sat, 18 Feb 2023 | SEK 1.2t | SEK 276.6b | SEK 111.4b | 10.1x | 10.7x | 4.3x |
| Mon, 16 Jan 2023 | SEK 1.1t | SEK 257.7b | SEK 104.7b | 10.6x | 10.9x | 4.4x |
| Wed, 14 Dec 2022 | SEK 1.1t | SEK 254.1b | SEK 103.4b | 10x | 10.2x | 4.2x |
| Fri, 11 Nov 2022 | SEK 1.0t | SEK 253.8b | SEK 103.3b | 10x | 10.1x | 4.1x |
| Sun, 09 Oct 2022 | SEK 941.8b | SEK 249.3b | SEK 102.7b | 9.2x | 9.2x | 3.8x |
| Tue, 06 Sep 2022 | SEK 940.0b | SEK 247.4b | SEK 102.0b | 8.7x | 9.2x | 3.8x |
| Thu, 04 Aug 2022 | SEK 956.0b | SEK 242.5b | SEK 100.0b | 9.3x | 9.6x | 3.9x |
| Sat, 02 Jul 2022 | SEK 890.5b | SEK 245.4b | SEK 102.8b | 8.6x | 8.7x | 3.6x |
| Mon, 30 May 2022 | SEK 1.0t | SEK 243.4b | SEK 102.1b | 9.9x | 9.9x | 4.1x |
Price to Earnings Ratio
9.9x
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 8.4x.
- The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 3.2% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Swedish Financials industry?
| SE Market | 0.40% | |
| Financials | 0.56% | |
| Banks | 3.12% | |
| Diversified Banks | 3.12% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 8.4x.
- Analysts are expecting annual earnings decline of 2.9%, which is worse than the prior year's decline of 1.5%.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 8.4x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 2.9% per year over the next 5 years, which isn't as bad as the other industries.
- This is even lower than its past earnings decline of 1.5% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings decline by 2.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TFBANK TF Bank | SEK 378.50 | 3.4% +SEK 269.4m | 63.9% | PB2.8x | |
| SWED A Swedbank | SEK 253.90 | 0.08% +SEK 224.8m | 16.2% | PB1.4x | |
| NORION Norion Bank | SEK 43.55 | 2.2% +SEK 195.1m | 4.3% | PB0.9x |