Swedbank is forecast to grow earnings and revenue by 3.1% and 3.7% per annum respectively. EPS is expected to grow by 3.2% per annum. Return on equity is forecast to be 14.5% in 3 years.
Key information
3.1%
Earnings growth rate
3.17%
EPS growth rate
Banks earnings growth
6.6%
Revenue growth rate
3.7%
Future return on equity
14.49%
Analyst coverage
Good
Last updated
01 Jun 2026
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
BIT:1SWED - Analysts future estimates and past financials data (SEK Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
76,654
34,758
N/A
N/A
11
12/31/2027
73,699
33,145
N/A
N/A
11
12/31/2026
70,825
30,293
N/A
N/A
10
3/31/2026
68,207
31,911
-67,222
-66,671
N/A
12/31/2025
68,769
32,762
-68,166
-67,676
N/A
9/30/2025
70,810
33,061
15,952
16,452
N/A
6/30/2025
72,181
33,927
-5,244
-4,788
N/A
3/31/2025
73,898
34,637
2,354
2,786
N/A
12/31/2024
74,371
34,869
39,040
39,447
N/A
9/30/2024
74,011
34,721
77,406
77,872
N/A
6/30/2024
73,256
34,468
27,266
27,870
N/A
3/31/2024
72,715
34,996
18,430
18,960
N/A
12/31/2023
71,384
34,128
-74,004
-73,152
N/A
9/30/2023
67,984
32,597
-199,830
-199,056
N/A
6/30/2023
62,983
29,059
-110,479
-109,810
N/A
3/31/2023
56,176
24,441
-82,563
-81,906
N/A
12/31/2022
50,549
21,365
-30,690
-30,327
N/A
9/30/2022
47,289
19,411
-178,217
-177,916
N/A
6/30/2022
46,219
19,322
-149,594
-149,341
N/A
3/31/2022
47,111
20,380
-145,604
-145,347
N/A
12/31/2021
47,511
20,871
-63,412
-63,159
N/A
9/30/2021
46,744
20,546
71,933
72,183
N/A
6/30/2021
45,874
20,309
6,853
7,082
N/A
3/31/2021
44,646
19,591
14,689
15,041
N/A
12/31/2020
41,342
12,929
-94,653
-94,289
N/A
9/30/2020
41,068
12,847
72,774
73,083
N/A
6/30/2020
40,961
12,249
60,631
60,937
N/A
3/31/2020
41,427
12,740
55,399
51,491
N/A
12/31/2019
44,490
19,697
N/A
4,480
N/A
9/30/2019
43,843
19,859
N/A
-46,932
N/A
6/30/2019
43,731
20,721
N/A
-19,746
N/A
3/31/2019
44,287
21,399
N/A
-154,043
N/A
12/31/2018
43,701
21,162
N/A
-29,460
N/A
9/30/2018
43,811
21,309
N/A
-33,284
N/A
6/30/2018
43,034
20,527
N/A
-176,860
N/A
3/31/2018
41,164
19,259
N/A
46,139
N/A
12/31/2017
40,918
19,350
N/A
-2,755
N/A
9/30/2017
39,842
18,755
N/A
-10,370
N/A
6/30/2017
39,498
18,828
N/A
141,441
N/A
3/31/2017
40,657
20,352
N/A
-9,919
N/A
12/31/2016
39,454
19,539
N/A
-91,890
N/A
9/30/2016
39,158
19,222
N/A
-56,577
N/A
6/30/2016
38,423
18,345
N/A
-68,226
N/A
3/31/2016
36,580
15,773
N/A
-36,939
N/A
12/31/2015
37,030
15,733
N/A
-5,449
N/A
9/30/2015
37,062
15,706
N/A
-61,127
N/A
6/30/2015
37,873
16,329
N/A
-50,808
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1SWED's forecast earnings growth (3.1% per year) is below the savings rate (3.3%).
Earnings vs Market: 1SWED's earnings (3.1% per year) are forecast to grow slower than the Italian market (11.3% per year).
High Growth Earnings: 1SWED's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1SWED's revenue (3.7% per year) is forecast to grow slower than the Italian market (5.8% per year).
High Growth Revenue: 1SWED's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1SWED's Return on Equity is forecast to be low in 3 years time (14.5%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/09 09:45
End of Day Share Price
2026/06/09 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
Swedbank AB (publ) is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.