Swedbank AB (publ)

OTCPK:SWDB.F Stock Report

Market Cap: US$44.7b

Swedbank Past Earnings Performance

Past criteria checks 2/6

Swedbank has been growing earnings at an average annual rate of 12%, while the Banks industry saw earnings growing at 4% annually. Revenues have been growing at an average rate of 10.2% per year. Swedbank's return on equity is 15.1%, and it has net margins of 45.1%.

Key information

11.97%

Earnings growth rate

11.91%

EPS growth rate

Banks Industry Growth11.18%
Revenue growth rate10.22%
Return on equity15.08%
Net Margin45.11%
Next Earnings Update22 Oct 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Swedbank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:SWDB.F Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2669,18731,21228,1930
31 Mar 2668,20731,90726,6320
31 Dec 2568,76932,76226,0710
30 Sep 2570,81533,06925,6560
30 Jun 2572,18633,93525,3380
31 Mar 2573,90034,64125,5080
31 Dec 2474,37134,86925,3750
30 Sep 2474,01134,72123,9020
30 Jun 2473,25634,46823,5970
31 Mar 2472,71534,99622,8500
31 Dec 2371,38434,12823,0750
30 Sep 2367,98432,59723,1710
30 Jun 2362,98329,05922,7960
31 Mar 2356,17624,44122,1720
31 Dec 2250,54921,36520,6980
30 Sep 2247,28919,41120,9320
30 Jun 2246,21919,32220,7880
31 Mar 2247,11120,38020,6840
31 Dec 2147,51120,87120,7210
30 Sep 2146,74420,54620,4970
30 Jun 2145,87420,30920,2160
31 Mar 2144,64619,59120,0700
31 Dec 2041,34212,92920,4660
30 Sep 2041,06812,84720,4460
30 Jun 2040,96112,24920,8490
31 Mar 2041,42712,74020,7590
31 Dec 1944,49019,69719,9070
30 Sep 1943,84319,85921,9240
30 Jun 1943,73120,72119,7320
31 Mar 1944,28721,39918,1110
31 Dec 1843,70121,16216,7450
30 Sep 1843,81121,30916,5410
30 Jun 1843,03420,52716,4640
31 Mar 1841,16419,25916,2120
31 Dec 1740,91819,35016,0000
30 Sep 1739,84218,75515,8070
30 Jun 1739,49818,82815,7380
31 Mar 1740,65720,35215,6650
31 Dec 1639,45419,53915,5160
30 Sep 1639,15819,22216,0000
30 Jun 1638,42318,34515,9150
31 Mar 1636,58015,77315,9930
31 Dec 1537,03015,73316,2180
30 Sep 1537,06215,70616,4400

Quality Earnings: SWDB.F has high quality earnings.

Growing Profit Margin: SWDB.F's current net profit margins (45.1%) are lower than last year (47%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SWDB.F's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: SWDB.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SWDB.F had negative earnings growth (-8%) over the past year, making it difficult to compare to the Banks industry average (23.3%).

Return on Equity

High ROE: SWDB.F's Return on Equity (15.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 13:03
End of Day Share Price 2026/09/08 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Swedbank AB (publ) is covered by 37 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.

AnalystInstitution
null nullABG Sundal Collier
Michael HarrisonBarclays
Roberto de Aguiar AttuchBarclays