OTCPK:SWDB.Y

Stock Analysis Report

Executive Summary

Swedbank AB (publ) provides various banking products and services to private, corporate, and organizational customers.

Snowflake

Fundamentals

Undervalued average dividend payer.

Risks

  • Swedbank has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Swedbank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

OTCPK:SWDB.Y

-1.8%

US Banks

0.2%

US Market


1 Year Return

-45.2%

OTCPK:SWDB.Y

-15.3%

US Banks

-0.7%

US Market

SWDB.Y underperformed the Banks industry which returned -13.6% over the past year.

SWDB.Y underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

SWDB.YIndustryMarket
7 Day0.3%-1.8%0.2%
30 Day-11.6%-6.4%-2.7%
90 Day-12.6%-4.0%1.6%
1 Year-40.4%-45.2%-12.9%-15.3%1.6%-0.7%
3 Year-31.6%-43.4%41.3%31.7%40.0%30.9%
5 Year-34.9%-50.9%50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Swedbank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Swedbank undervalued based on future cash flows and its price relative to the stock market?

41%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Swedbank's share price is below the future cash flow value, and at a moderate discount (> 20%).

Swedbank's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Swedbank is good value based on earnings compared to the US Banks industry average.

Swedbank is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Swedbank is poor value based on expected growth next year.


Price Based on Value of Assets

Swedbank is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Swedbank expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

1.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Swedbank's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).

Swedbank's earnings are expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).

Swedbank's revenue growth is positive but not above the United States of America market average.

Swedbank's earnings growth is positive but not above the United States of America market average.

Swedbank's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Swedbank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Swedbank performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Swedbank's year on year earnings growth rate has been positive over the past 5 years.

Swedbank's 1-year earnings growth is less than its 5-year average (0.9% vs 6.3%)

Swedbank's earnings growth has not exceeded the US Banks industry average in the past year (0.9% vs 33.2%).


Return on Equity

Swedbank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Swedbank used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Swedbank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Swedbank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Swedbank has an acceptable proportion of non-loan assets held.

Swedbank has a low allowance for bad loans.

Swedbank's liabilities are made up of primarily higher risk sources of funding.

Swedbank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Swedbank has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Swedbank has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Swedbank's current dividend yield, its reliability and sustainability?

8.13%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Swedbank's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

Swedbank's dividend is above the markets top 25% of dividend payers in United States of America (3.83%).

Whilst dividend payments have been stable, Swedbank has been paying a dividend for less than 10 years.

Dividend payments have increased, but Swedbank only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.4x coverage).


Next Steps

Management

What is the CEO of Swedbank's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Anders Karlsson (53yo)

0.4yrs

Tenure

0

Mr. Anders Karlsson serves as Acting President and Chief Executive Officer of Swedbank AB (publ) since March 28, 2019. Mr. Karlsson had been the Chief Financial Officer of Swedbank AB (publ) since June 18 ...


Management Age and Tenure

4.8yrs

Average Tenure

55yo

Average Age

The tenure for the Swedbank management team is about average.


Board Age and Tenure

2.4yrs

Average Tenure

56.5yo

Average Age

The average tenure for the Swedbank board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Gith Bengtsson (56yo)

    Head of HR Channels & Concepts

    • Tenure: 6.6yrs
  • Ek Ekedahl (59yo)

    Head of Group IT

    • Tenure: 11.6yrs
  • Mikael Björknert (53yo)

    Chief Strategy Officer & Acting Head of Swedish Banking

    • Tenure: 9.0yrs
  • Carina Strand (55yo)

    Head of HR

    • Tenure: 1.8yrs
  • Helo Meigas (54yo)

    Chief Risk Officer

    • Tenure: 9.9yrs
  • Anders Karlsson (53yo)

    Acting President & CEO

    • Tenure: 0.4yrs
  • Lars Friberg (57yo)

    Head of Financial Institutions

    • Tenure: 2.9yrs
  • Gregori Karamouzis

    Head of Investor Relations (Equity and Debt)

    • Tenure: 0.0yrs
  • Gabriel Rodau

    Head of Group Communication

    • Tenure: 0.0yrs
  • Niclas Olsson

    Head of Group Finance & Acting CFO

    • Tenure: 0.3yrs

Board Members

  • Magnus Uggla (67yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: kr980.00k
  • Mats Granryd (57yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: kr803.00k
  • Bodil Eriksson (56yo)

    Independent Director

    • Tenure: 3.3yrs
    • Compensation: kr673.00k
  • Bo Magnusson (57yo)

    Vice Chairman of the Board

    • Tenure: 0.2yrs
  • Göran Persson (70yo)

    Chairman of the Board

    • Tenure: 0.2yrs
  • Camilla Linder (51yo)

    Employee Representative Director

    • Tenure: 4.6yrs
  • Roger Ljung (52yo)

    Employee Representative Director

    • Tenure: 4.6yrs
  • Bo Johansson (54yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: kr800.00k
  • Anna Mossberg (47yo)

    Director

    • Tenure: 1.4yrs
    • Compensation: kr673.00k
  • Kerstin Hermansson (62yo)

    Director

    • Tenure: 0.4yrs

Company Information

Swedbank AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Swedbank AB (publ)
  • Ticker: SWDB.Y
  • Exchange: OTCPK
  • Founded: 1820
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: kr138.166b
  • Listing Market Cap: kr14.232b
  • Shares outstanding: 1.12b
  • Website: https://www.swedbank.com

Number of Employees


Location

  • Swedbank AB (publ)
  • Landsvägen 40
  • Sundbyberg
  • Stockholm County
  • 172 63
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SWED AOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKJun 1995
0H6TLSE (London Stock Exchange)YesCommon SharesGBSEKJun 1995
SWDB.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 1995
FRYADB (Deutsche Boerse AG)YesCommon SharesDEEURJun 1995
SWEDASBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBSEKJun 1995
SWEDASWX (SIX Swiss Exchange)YesCommon SharesCHCHFJun 1995
SWDB.YOTCPK (Pink Sheets LLC)SPD ADRUSUSDJun 2003

Biography

Swedbank AB (publ) provides various banking products and services to private, corporate, and organizational customers. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & I ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:02
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.