Skip to content
To the full analysis

Avanza Bank Holding stock: growth

AZA.ST
$38.10Closing price of 12 Nov 2026MEQIRI Score 76 out of 100

Growth only counts when it reaches the bottom line. That is why revenue and earnings for Avanza Bank Holding AB (publ) stand side by side here: revenue growing faster than earnings is growth that was bought.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
13.4%
per year from 2006 to 2025, per share 12.6%
Earnings (Annual rate)
14.9%
per year from 2006 to 2025, per share 14%

Free cash flow is left out here for banks and insurers: there it mostly reflects movements in loans and deposits and says little about the business. The score leaves it out as well.

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2020since 2015since 2006
Revenue16.3%18.6%13.4%
Revenue per share15.8%17.7%12.6%
Earnings14.5%20.3%14.9%
Earnings per share13.9%19.2%14.0%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
Figures as a table
YearRevenueEarnings
2006$45.62M$18.85M
2007$55.85M$23.36M
2008$51.04M$18.55M
2009$51.64M$22.86M
2010$62.27M$27.17M
2011$69.69M$29.18M
2012$56.35M$16.04M
2013$59.86M$19.35M
2014$69.79M$25.07M
2015$90.75M$41.61M
2016$92.05M$40.01M
2017$97.86M$38M
2018$105.08M$34.99M
2019$119.62M$44.82M
2020$235.64M$133.86M
2021$331M$205.26M
2022$298.11M$167.05M
2023$344.63M$198.74M
2024$391.16M$226.01M
2025$500.96M$263.81M

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = SEK 9.9729)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

MEQIRI counts visits without cookies. With your consent we remember for 90 days where you came from, also in your account, count page changes and time on page, recognise your next visit and load the Meta Pixel, which measures our advertising. You can withdraw your consent at any time under Cookie settings. Privacy