The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

AZA.ST

Concerning the House

Avanza Bank Holding AB (publ), together with its subsidiaries, provides various savings, pension, and mortgages products in Sweden. It offers share and fund, investment savings, endowment insurance, savings, endowment child insurance, external deposit, and pension insurance accounts, as well as occupational pensions and individual pension plans. The company also trades in equities, funds, and other securities; and provides external and green mortgages, private banking mortgages, margin loans, and stock lending products. In addition, it offers decision support services and others; and publishes topical news and independent advice on the financial website, Placera, as well as on the weekly financial magazine, Börsveckan. The company primarily serves individual and professional investors, and corporate customers, such as entrepreneurs, asset managers, and occupational pension customers. Avanza Bank Holding AB (publ) was incorporated in 1986 and is headquartered in Stockholm, Sweden.

Sweden · www.avanza.se

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$1.17B$1.08B$1.15B
Net income$707.00M$600.00M$626.00M
Diluted EPS4.483.803.88
Free cash flow$6.94B$14.72B$8.14B
CapEx-$4.00M-$41.00M-$20.00M
Quotation

$401.40

-0.20 (-0.0%)

52w hi$402.20
52w lo$310.48
Vol110.27K
As ofAug 13
The Verdict

Hold

Our score +0.19

Short-0.14
Medium+0.25
Long+0.72

computed 2026-08-13

By the Numbers

Avanza Bank Holding AB (publ)

Financial Services · Banks - Regional

Market cap$63.35B
Enterprise value$60.60B
Trailing P/E22.41x
Forward P/E30.83x
EV / EBITDA
P / S (ttm)11.78x
Profit margin53.0%
Return on equity39.1%
Revenue growth+25.4%
Earnings growth+30.0%
Debt / equity4.35
Risk Metrics
Beta vs SPX0.38
Corr SPX0.20
Annual vol31.3%
Annual ret+33.7%
Sharpe1.08
Max DD-22.0%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.48
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$402.50$405.70$400.20$401.40110.27K
Aug 12$398.30$402.60$397.40$401.60173.27K
Aug 11$400.70$400.70$395.00$398.60163.05K
Aug 10$402.20$404.00$397.50$399.00223.22K
Aug 7$398.20$402.60$393.80$402.20247.21K