The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

SWED-A.ST

Concerning the House

Swedbank AB (publ) provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. It operates through Swedish Banking; Baltic Banking; Corporates and Institutions; and Premium and Private Banking segments. The company offers saving and investment solutions, such as savings accounts, mutual funds and insurance savings, pension savings, institutional asset management, and other savings and investment products; financing solutions, including private residential lending, consumer financing, corporate lending, leasing, and other financing products, as well as trade finance and factoring services; and payment and card services, which include current accounts, cash management, cash handling, debit and credit cards, and card acquiring, as well as domestic, international, mobile, document, and other payment products. It also provides trading and capital market products, such as equity trading, structured products, corporate finance, custody services, fixed income and currency trading, and other capital market products; other services, including administrative services, treasury operations, real estate brokerage and management services, legal services, and safe deposit boxes; and private banking services. In addition, the company offers pension insurance and plans, endowment insurance, and personal insurance products; mortgage lending; mortgage lending; advisory services and investment banking; 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.

Sweden · www.swedbank.com

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$17.17B$16.80B$18.00B$16.96B
Net income$8.20B$7.89B$8.16B$7.34B
Diluted EPS7.266.997.226.50
Free cash flow$35.45B-$17.66B-$58.65B$36.40B
CapEx-$55.00M-$186.00M-$129.00M-$116.00M
Quotation

$379.00

+1.50 (+0.4%)

52w hi$388.40
52w lo$240.91
Vol1.16M
As ofAug 13
The Verdict

Hold

Our score +0.12

Short-0.11
Medium+0.18
Long+0.48

computed 2026-08-13

By the Numbers

Swedbank AB (publ)

Financial Services · Banks - Regional

Market cap$427.24B
Enterprise value$1.26T
Trailing P/E13.78x
Forward P/E14.94x
EV / EBITDA
P / S (ttm)6.18x
Profit margin45.1%
Return on equity15.0%
Revenue growth+5.8%
Earnings growth-8.9%
Debt / equity
Risk Metrics
Beta vs SPX0.30
Corr SPX0.23
Annual vol21.3%
Annual ret+26.4%
Sharpe1.24
Max DD-26.1%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.37
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$380.00$384.60$379.801.16M
Aug 12$378.20$379.60$375.20$379.001.03M
Aug 11$378.90$379.70$375.30$377.501.26M
Aug 10$384.10$384.50$377.80$378.901.64M
Aug 7$386.80$388.50$383.70$384.401.30M