S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
OTCMKTS:SWDBY

Swedbank AB (publ) (SWDBY) Stock Price, News & Analysis

SEK 19.90
+0.10 (+0.51%)
(As of 03/28/2024 09:04 PM ET)
Today's Range
SEK 19.82
SEK 20.30
50-Day Range
SEK 18.83
SEK 22.75
52-Week Range
SEK 15.17
SEK 22.84
Volume
11,300 shs
Average Volume
11,302 shs
Market Capitalization
N/A
P/E Ratio
6.98
Dividend Yield
4.97%
Price Target
N/A
SWDBY stock logo

About Swedbank AB (publ) Stock (OTCMKTS:SWDBY)

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through Swedish Banking; Baltic Banking; Corporates & Institutions; and Group Functions & Other segments. It offers savings accounts, mutual funds and insurance savings, pension savings, institutional asset management, and other savings and investment products; private residential lending, consumer financing, corporate lending, leasing, and other financing products, as well as trade finance, and factoring services; and current accounts, cash handling, debit and credit cards, and card acquiring, as well as domestic, international, mobile, document, and other payment products. The company also provides equity trading, structured products, corporate finance, custody services, fixed income and currency trading, and other capital market products; and administrative services, treasury operations, real estate brokerage and management, legal services, safe deposit boxes, and other services. In addition, it offers pension life insurance, pension plans, endowment insurance, and personal insurance; investment management; mortgage lending; and transaction banking services comprising cash management, securities, account, and clearing and settlement services, as well as Internet and mobile banking services. The company was formerly known as ForeningsSparbanken AB and changed its name to Swedbank AB (publ) in September 2006. Swedbank AB (publ) was founded in 1820 and is headquartered in Sundbyberg, Sweden.

SWDBY Stock Price History

SWDBY Stock News Headlines

Swedbank AB (publ) (OTCMKTS:SWDBY) Short Interest Update
“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
Swedbank AB ser A (SWEDa)
SWDBY - Swedbank AB (publ)
FRYA.SG - Swedbank AB
“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
Swedbank AB Series A
Swedbank Fined $81 Mln for IT Incident
Swedbank's profit beats forecasts as it rides rate rises
Scandi Standard publ AB (SCST)
Swedbank AB (publ) (SWDBY)
See More Headlines
Receive SWDBY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Swedbank AB (publ) and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Today
3/29/2024
Dividend Payable
4/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:SWDBY
CIK
N/A
Employees
16,803
Year Founded
N/A

Profitability

Net Income
$3.22 billion
Pretax Margin
36.55%

Debt

Sales & Book Value

Annual Sales
$11.74 billion
Cash Flow
SEK 1.95 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.03
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

  • Mr. Jens Henriksson (Age 57)
    President & CEO
    Comp: $18M
  • Mr. Tomas Hedberg (Age 61)
    Deputy President & Deputy CEO
    Comp: $8.03M
  • Mr. Bo Bengtsson (Age 58)
    Head of Large Corporates & Institutions
  • Mr. Anders Karlsson (Age 58)
    Chief Financial Officer
    Comp: $14.75M
  • Ms. Lotta Loven (Age 57)
    CIO and Head of Group Channels & Technologies
  • Ms. Annie Ho
    Head of Investor Relations
  • Ms. Charlotte Rydin (Age 56)
    Chief Legal Officer & Head of Group Legal
  • Ms. Britta Hjorth-Larsen (Age 59)
    Chief Compliance Officer and Head of Group Compliance
  • Mr. Erik Ljungberg (Age 53)
    Head of Group Brand, Communications & Sustainability
  • Ms. Carina Strand (Age 60)
    Head of Group HR & Infrastructure

Should I Buy Swedbank AB (publ) Stock? SWDBY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Swedbank AB (publ):

  • Swedbank reported first-quarter net profit above market expectations, indicating strong financial performance.
  • Higher deposit margins have boosted Swedbank's results, showcasing improved profitability.
  • CEO Jens Henriksson mentioned a strong start to the year, indicating positive leadership and strategic direction.
  • Swedbank offers a wide range of banking products and services across multiple countries, providing diversification benefits.
  • The current stock price of Swedbank (SWDBY) is showing an upward trend, potentially indicating positive investor sentiment.

Cons

Investors should be bearish about investing in Swedbank AB (publ) for these reasons:

  • Although credit impairments rose, it could indicate potential risks in the loan portfolio.
  • Competition from other banks like Handelsbanken, SEB, and Nordea may impact Swedbank's market share and profitability.
  • External factors such as economic conditions in the countries where Swedbank operates could affect its financial performance.
  • Regulatory changes in the banking industry may lead to increased compliance costs for Swedbank, impacting its bottom line.
  • Investors should carefully monitor Swedbank's quarterly reports and market developments to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, March 27, 2024. Please send any questions or comments about these Swedbank AB (publ) pros and cons to contact@marketbeat.com.

SWDBY Stock Analysis - Frequently Asked Questions

Should I buy or sell Swedbank AB (publ) stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Swedbank AB (publ) in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SWDBY shares.
View SWDBY analyst ratings
or view top-rated stocks.

How have SWDBY shares performed in 2024?

Swedbank AB (publ)'s stock was trading at SEK 20.13 at the start of the year. Since then, SWDBY shares have decreased by 1.1% and is now trading at SEK 19.90.
View the best growth stocks for 2024 here
.

Are investors shorting Swedbank AB (publ)?

Swedbank AB (publ) saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 22,800 shares, a decline of 23.7% from the February 29th total of 29,900 shares. Based on an average daily trading volume, of 18,200 shares, the short-interest ratio is presently 1.3 days.
View Swedbank AB (publ)'s Short Interest
.

How were Swedbank AB (publ)'s earnings last quarter?

Swedbank AB (publ) (OTCMKTS:SWDBY) released its quarterly earnings results on Tuesday, January, 30th. The financial services provider reported $0.69 EPS for the quarter. The financial services provider earned $1.79 billion during the quarter. Swedbank AB (publ) had a net margin of 27.42% and a trailing twelve-month return on equity of 18.57%.

How often does Swedbank AB (publ) pay dividends? What is the dividend yield for Swedbank AB (publ)?

Swedbank AB (publ) announced a dividend on Thursday, March 14th. Shareholders of record on Thursday, March 28th will be paid a dividend of 1.4797 per share on Monday, April 15th. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous dividend of SEK 0.76.
Read our dividend analysis for SWDBY
.

Is Swedbank AB (publ) a good dividend stock?

Swedbank AB (publ) (OTCMKTS:SWDBY) pays an annual dividend of SEK 0.76 per share and currently has a dividend yield of 3.45%. The dividend payout ratio is 26.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SWDBY will have a dividend payout ratio of 30.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWDBY.

How do I buy shares of Swedbank AB (publ)?

Shares of SWDBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:SWDBY) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners