| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
SWED A Stock Overview
Swedbank AB (publ) provides various banking products and services to individuals and companies.
Swedbank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr150.65 |
| 52 Week High | kr196.70 |
| 52 Week Low | kr130.80 |
| Beta | 0.69 |
| 1 Month Change | -3.46% |
| 3 Month Change | -11.34% |
| 1 Year Change | -1.69% |
| 3 Year Change | 4.98% |
| 5 Year Change | -27.08% |
| Change since IPO | 270.45% |
Recent News & Updates
Shareholder Returns
| SWED A | SE Banks | SE Market | |
|---|---|---|---|
| 7D | 3.9% | 4.4% | 5.6% |
| 1Y | -1.7% | 4.7% | -11.6% |
Return vs Industry: SWED A underperformed the Swedish Banks industry which returned 4.7% over the past year.
Return vs Market: SWED A exceeded the Swedish Market which returned -11.6% over the past year.
Price Volatility
| SWED A volatility | |
|---|---|
| SWED A Average Weekly Movement | 5.7% |
| Banks Industry Average Movement | 5.8% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in SE Market | 12.9% |
| 10% least volatile stocks in SE Market | 5.1% |
Stable Share Price: SWED A is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SWED A's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1820 | 16,600 | Jens Henriksson | https://www.swedbank.com |
Swedbank AB (publ) provides various banking products and services to individuals and companies. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers savings, salary, and current accounts; private residential and corporate lending; leasing, factoring, and financing services; consumer, mortgage, acquisition and project, export, and marine financing; mutual funds; and asset management, and life insurance and pension services.
Swedbank Fundamentals Summary
| SWED A fundamental statistics | |
|---|---|
| Market Cap | kr169.16b |
| Earnings (TTM) | kr20.51b |
| Revenue (TTM) | kr46.63b |
8.2x
P/E Ratio1.1x
P/B RatioIs SWED A overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SWED A income statement (TTM) | |
|---|---|
| Revenue | kr46.63b |
| Cost of Revenue | kr126.00m |
| Gross Profit | kr46.51b |
| Other Expenses | kr25.99b |
| Earnings | kr20.51b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 19, 2022
| Earnings per share (EPS) | 18.27 |
| Gross Margin | 99.73% |
| Net Profit Margin | 43.99% |
| Debt/Equity Ratio | 680.6% |
How did SWED A perform over the long term?
See historical performance and comparisonDividends
6.1%
Current Dividend Yield51%
Payout RatioValuation
Is Swedbank undervalued compared to its fair value and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SWED A (SEK150.65) is trading below our estimate of fair value (SEK382.47)
Significantly Below Fair Value: SWED A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SWED A is good value based on its PE Ratio (8.2x) compared to the Swedish Banks industry average (9.8x).
PE vs Market: SWED A is good value based on its PE Ratio (8.2x) compared to the Swedish market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: SWED A is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: SWED A is good value based on its PB Ratio (1.1x) compared to the SE Banks industry average (1.2x).
Future Growth
How is Swedbank forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
5.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SWED A's forecast earnings growth (5.5% per year) is above the savings rate (0.3%).
Earnings vs Market: SWED A's earnings (5.5% per year) are forecast to grow slower than the Swedish market (9.5% per year).
High Growth Earnings: SWED A's earnings are forecast to grow, but not significantly.
Revenue vs Market: SWED A's revenue (4.2% per year) is forecast to grow slower than the Swedish market (5.7% per year).
High Growth Revenue: SWED A's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SWED A's Return on Equity is forecast to be low in 3 years time (12.1%).
Past Performance
How has Swedbank performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-2.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SWED A has a high level of non-cash earnings.
Growing Profit Margin: SWED A's current net profit margins (44%) are higher than last year (43.9%).
Past Earnings Growth Analysis
Earnings Trend: SWED A's earnings have declined by 2% per year over the past 5 years.
Accelerating Growth: SWED A's earnings growth over the past year (4.7%) exceeds its 5-year average (-2% per year).
Earnings vs Industry: SWED A earnings growth over the past year (4.7%) underperformed the Banks industry 30.5%.
Return on Equity
High ROE: SWED A's Return on Equity (13.3%) is considered low.
Financial Health
How is Swedbank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
3/6Financial Health Score 3/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SWED A's Assets to Equity ratio (18.7x) is moderate.
Allowance for Bad Loans: SWED A has a low allowance for bad loans (81%).
Low Risk Liabilities: 53% of SWED A's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SWED A has an appropriate level of Loans to Assets ratio (61%).
Low Risk Deposits: SWED A's Loans to Deposits ratio (138%) is high.
Level of Bad Loans: SWED A has an appropriate level of bad loans (0.3%).
Dividend
What is Swedbank current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SWED A's dividend (6.14%) is higher than the bottom 25% of dividend payers in the Swedish market (1.41%).
High Dividend: SWED A's dividend (6.14%) is in the top 25% of dividend payers in the Swedish market (4.73%)
Stability and Growth of Payments
Stable Dividend: SWED A's dividend payments have been volatile in the past 10 years.
Growing Dividend: SWED A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), SWED A's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SWED A's dividends in 3 years are forecast to be covered by earnings (56.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Jens Henriksson (54 yo)
2.58yrs
Tenure
kr17,361,000
Compensation
Mr. Jens Henriksson serves as President and Chief Executive Officer at Swedbank AB (publ) since October 1, 2019. Mr. Henriksson has been the Chief Executive Officer and President of Folksam AB since 2013....
CEO Compensation Analysis
Compensation vs Market: Jens's total compensation ($USD1.75M) is below average for companies of similar size in the Swedish market ($USD2.59M).
Compensation vs Earnings: Jens's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SWED A's management team is considered experienced (2.6 years average tenure).
Board Members
Experienced Board: SWED A's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SWED A insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Swedbank AB (publ)'s employee growth, exchange listings and data sources
Key Information
- Name: Swedbank AB (publ)
- Ticker: SWED A
- Exchange: OM
- Founded: 1820
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: kr169.159b
- Shares outstanding: 1.12b
- Website: https://www.swedbank.com
Number of Employees
Location
- Swedbank AB (publ)
- LandsvAegen 40
- Sundbyberg
- Stockholm County
- 172 63
- Sweden
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/17 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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 here.