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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
OTCMKTS:SWDBY

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

SEK 19.80
-2.18 (-9.92%)
(As of 03/27/2024 09:04 PM ET)
Today's Range
SEK 19.80
SEK 19.97
50-Day Range
SEK 18.83
SEK 22.75
52-Week Range
SEK 15.17
SEK 22.84
Volume
11,700 shs
Average Volume
11,303 shs
Market Capitalization
N/A
P/E Ratio
6.95
Dividend Yield
3.84%
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

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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Today
3/28/2024
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 2 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.03
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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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Swedbank AB (publ) was last updated on Sunday, March 24, 2024 at 3:13 PM.

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, showing improved profitability.
  • CEO Jens Henriksson mentioned a strong start to the year, suggesting positive leadership and strategic direction.
  • Swedbank offers a wide range of banking products and services across multiple countries, providing diversification and growth opportunities.
  • The current stock price of Swedbank (SWDBY) is showing an upward trend, indicating potential capital appreciation.

Cons

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

  • Credit impairments at Swedbank have risen, which 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 industry trends to make informed investment decisions.

SWDBY Stock Analysis - Frequently Asked Questions

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

3 Wall Street equities 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 equities 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 stock has decreased by 1.6% and is now trading at SEK 19.80.
View the best growth stocks for 2024 here
.

Are investors shorting Swedbank AB (publ)?

Swedbank AB (publ) saw a drop in short interest in March. As of March 15th, there was short interest totaling 22,800 shares, a drop 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 currently 1.3 days.
View Swedbank AB (publ)'s Short Interest
.

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

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

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. Stockholders 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 an increase 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 3.56%. 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 3/28/2024 by MarketBeat.com Staff

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