profit from every SEK 100 of sales.
SEK 0SEK 100
Swedbank
SEK 419.30+0.24% today
+35.0% in 1 year
1-year low SEK 304.201-year high SEK 419.30
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay SEK 14.38 for every SEK 1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Swedbank sold, what it kept, and what it did with the cash.
Sales went from SEK 51.3 billion in 2022 to SEK 67.9 billion in 2025, with SEK 32.8 billion of profit last year.
SalesProfit
Swedbank vs. similar companies
Swedbank grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| Swedbank | 14.4× · Cheap | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.5× · Fair price | ||
 UniCredit | 11.6× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Swedbank's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 51,289 | 72,254 | 73,332 | 67,899 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 21,365 | 34,128 | 34,869 | 32,762 | |
| 18.98 | 30.27 | 30.86 | 28.98 | |
| – | – | – | – | |
| – | – | – | – | |
| 41.7% | 47.2% | 47.5% | 48.3% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,854,646 | 2,855,519 | 3,009,697 | 3,062,782 |
| Cash | 365,992 | 252,994 | 325,604 | 263,628 |
| Total debt | 881,361 | 873,363 | 922,526 | 913,660 |
| Total liabilities | 2,678,565 | 2,656,729 | 2,790,795 | 2,836,955 |
| 176,052 | 198,760 | 218,874 | 225,802 | |
| 1,126 | 1,127 | 1,130 | 1,130 | |
| – | – | – | – | |
| 12.1% | 17.2% | 15.9% | 14.5% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -18,620 | -145,148 | 80,817 | -46,342 | |
| 363 | 852 | 407 | 490 | |
| -18,983 | -146,000 | 80,410 | -46,832 | |
| Dividends paid | 12,632 | 10,964 | 17,048 | 24,392 |
| – | – | – | – | |
| 174 | 284 | 410 | 438 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 14.4×
- –
- 0.95
- 2.0×
- 6.9×
- 7.0%
- 5.2%
Profitability
- 48.3%
- –
- –
- –
- –
Growth
- +9.8%
- +15.2%
- –
- +0.1%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 48%of 872
Top 48%of 883
Bottom 12%of 931
5.2%of the share price, paid each year
On $1,000 invested$52a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
74.5% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Swedbank
Is Swedbank a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Swedbank AI analysis
What does Swedbank do?
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 is in Banks - Regional, based in Sundbyberg, Sweden, with 17,346 employees.
Does Swedbank pay a dividend?
Yes. At today's price the dividend is 5.2% a year, about 74% of its yearly profit. In 2025 it paid out SEK 24.4 billion in dividends.
Is Swedbank stock halal?
No. Swedbank does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Swedbank stock done over the past year?
Up 35.0% over the past twelve months, to SEK 419.30. It traded between SEK 304.20 and SEK 419.30, close to its high.
Who are Swedbank's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Swedbank's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.