Swedbank stock
SWED-A.STSTOSwedbank AB (publ), Financial ServicesISIN SE0000242455
77Score 77 out of 100, Strong
Price and trend
76 / 100
Price history
+41% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 16% above it.
Since January 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Overheated: the price has risen very quickly lately (RSI 87).
The price is at its 52-week high. Largest decline in 20 years: 93% (February 2007 to March 2009).
Chart figures for advanced users
- SMA 50$40.23
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$36.36
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)87
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$28.67
- The lowest closing price of the last twelve months.
- Resistance$42.36
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Swedbank AB (publ) belongs to the Banks (Regional) industry (Sweden) and, with a market value of $47.6B, is number 30 of 422 companies in its industry on MEQIRI.
- In fiscal 2025 it earned $3.3B (down 6.1% year on year).
- For fiscal 2026, analysts expect on average adjusted earnings per share of $2.80 (down 3.3%).
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- MEQIRI Score 77 out of 100 (Strong): rank 178 of 976 in Financial Services, median 68.
- The P/E is 15.4 (Banks (Regional) median 12.2, own median of recent years 10.1).
- Our model puts fair value at $44.80, with the price 6% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 20.3% a year since 2020.Growth 86
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 88
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are fundamentals and momentum.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 78 to 77.
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
- calm price action
- price near its 52-week high
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $37.34 and expensive above $56.00 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $55.89 (excess return model) and $33.72 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.2%. At 8.2% the fair value would be $40.15, at 6.2% it would be $51.79.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (12.2).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 0.7% on the twelve months before. Revenue has grown solidly since 2006, at about 5% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 59%, net 47%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 27 Jan 2027in 76 days
- Last reported
- 22 Oct 2026EPS reported $0.74 (expected $0.74)in line with expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $2.80+0.1%
- Revenue
- $7.23B−0.4%
- Earnings per share
- $3.18−0.6%
- Revenue
- $7.81B−0.2%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −2.2%2026 cost guidance of SEK 27.5 billion unchanged.
“Our cost guidance of SEK 27.5 billion for 2026 is unchanged.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 17 Jul 2026 (fiscal Q2 2026), read by AI.
What happened at Swedbank
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 77
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Regional)
The next larger and next smaller companies by market value
- Shanghai Pudong Development Bank600000.SS $50.78B52
- Fifth Third BancorpFITB $49.32B65
- DNB BankDNB.OL $48.59B80
- CommerzbankCBK.DE $48.3B61
- CTBC Financial Holding2891.TW $44.74B74
- Danske BankDANSKE.CO $44.45B77
- Axis BankAXISBANK.NS $44.42B72
- Skandinaviska Enskilda BankenSEB-A.ST $43.49B72
ETFs that hold Swedbank
Held by 104 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares OMX Stockholm Capped UCITS ETFOM3X | 4.48% | 0.10% | €197.05M |
| Xtrackers MSCI Nordic UCITS ETF 1DXDN0 | 2.24% | 0.30% | €1.18B |
| iShares STOXX Europe 600 Banks UCITS ETF (DE)EXV1 | 1.69% | 0.46% | €2.97B |
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| VanEck European Equal Weight Screened UCITS ETFV3ET | 1.10% | 0.40% | €92.87M |
| Fidelity Europe Quality Income UCITS ETF INC-EURFEUI | 1.08% | 0.30% | €75.09M |
| iShares MSCI Europe Financials Sector UCITS ETFESIF | 0.97% | 0.18% | €661.4M |
| State Street SPDR MSCI Europe Financials UCITS ETFSPYZ | 0.97% | 0.18% | €825.78M |
| VanEck Morningstar Developed Markets Dividend Leaders UCITS ETFVDIV | 0.79% | 0.38% | €10.52B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 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 11 Nov 2026 ($1 = SEK 9.9317)
- 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.