Company Swedbank AB

Equities

SWED A

SE0000242455

Banks

Real-time Estimate Cboe Europe 05:25:17 2024-04-23 am EDT 5-day change 1st Jan Change
217.8 SEK +0.76% Intraday chart for Swedbank AB +4.11% +7.18%

Business Summary

Swedbank AB is a banking group organized around 3 areas:

- retail banking (81.4% of income): operating in particular in Sweden (71.5% of income) and the Baltic States (28.5%; Estonia, Lettonia and Lithuania);

- investment, financial, and market banking (15.8%): transactions on the stock, interest rate, and exchange markets, financing for large and specialized companies (for projects, acquisitions, etc.), stock brokerage, etc. The group also develops asset management and insurance activities;

- other (2.8%).

At the end of 2022, the group managed SEK 1,305.9 billion in current deposits and SEK 1,842.8 billion in current loans.

Banking products and services are marketed through a network of 400 branches located primarily in Sweden (145) and the Baltic States (86).

Income (including intragroup) is distributed geographically as follows: Sweden (73.5%), Estonia (8.9%), Lithuania (7.9%), Latvia (5.1%), Norway (2.9%), the United States (0.3%) and other (1.4%).

Number of employees: 17,275

Sales per Business

SEK in Million2022Weight2023Weight Delta
Swedish Banking
50.2 %
31,741 59.6 % 36,643 50.2 % +15.44%
Baltic Banking
32.0 %
12,683 23.8 % 23,352 32.0 % +84.12%
Large Corporates & Institutions
20.5 %
8,630 16.2 % 14,953 20.5 % +73.27%
Eliminations
-2.6 %
-1,381 -2.6 % -1,911 -2.6 % +38.38%
Group Functions & Other
0.0 %
1,547 2.9 % 19 0.0 % -98.77%

Sales per region

SEK in Million2022Weight2023Weight Delta
Sweden
68.8 %
40,986 77.0 % 50,287 68.8 % +22.69%
Lithuania
12.9 %
4,382 8.2 % 9,408 12.9 % +114.70%
Estonia
11.7 %
4,949 9.3 % 8,520 11.7 % +72.16%
Latvia
7.2 %
2,866 5.4 % 5,278 7.2 % +84.16%
Eliminations
-4.2 %
-2,480 -4.7 % -3,083 -4.2 % +24.31%
Norway
2.2 %
1,623 3.0 % 1,588 2.2 % -2.16%
Other
1.1 %
708 1.3 % 839 1.1 % +18.50%
United States
0.3 %
185 0.3 % 220 0.3 % +18.92%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 19-09-30
Director of Finance/CFO 58 09-12-31
Chief Tech/Sci/R&D Officer 57 03-12-31
Chief Investment Officer 57 21-10-31
Compliance Officer 59 22-07-31
Investor Relations Contact - 16-09-30
Corporate Officer/Principal - 22-03-31
Corporate Officer/Principal - -
General Counsel 56 20-12-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 20-05-27
Director/Board Member 68 20-12-31
Chairman 75 19-06-18
Director/Board Member 45 20-12-31
Director/Board Member 54 20-05-27
Director/Board Member 55 22-03-29
Director/Board Member 52 18-03-21
Director/Board Member 67 19-03-27
Director/Board Member 57 20-05-27
Director/Board Member 67 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,132,005,722 900,571,751 ( 79.56 %) 7,209,322 ( 0.6369 %) 79.56 %

Shareholders

NameEquities%Valuation
HSBC Global Asset Management (USA), Inc.
17.67 %
200,000,000 17.67 % 3 971 M kr
Föreningen Sparbanksintressenter i Swedbank AB
12.25 %
138,711,949 12.25 % 2 754 M kr
Swedbank Robur Fonder AB
5.114 %
57,892,301 5.114 % 1 149 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
3.867 %
43,778,277 3.867 % 869 M kr
DWS Investment GmbH
2.403 %
27,202,200 2.403 % 540 M kr
AMF Tjänstepension AB (Investment Management)
1.818 %
20,580,000 1.818 % 409 M kr
Nordea Investment Management AB
0.9640 %
10,912,555 0.9640 % 217 M kr
Storebrand Asset Management AS
0.9412 %
10,654,002 0.9412 % 212 M kr
Länsförsäkringar Fondförvaltning AB
0.7888 %
8,929,295 0.7888 % 177 M kr
SWEDBANK AB
0.6369 %
7,209,322 0.6369 % 143 M kr
NameEquities%Valuation
Simplicity AB
0.004417 %
50,000 0.004417 % 992 750 kr
Yousif Capital Management LLC
0.001719 %
19,455 0.001719 % 386 279 kr
Empower Capital Management LLC
0.001179 %
13,350 0.001179 % 265 064 kr
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
0.000769 %
8,704 0.000769 % 172 818 kr
Merrill Lynch Investment Managers, Inc.
0.000729 %
8,250 0.000729 % 163 804 kr
RhumbLine Advisers LP
0.000639 %
7,233 0.000639 % 143 611 kr
Accent Capital Management LLC
0.000172 %
1,946 0.000172 % 38 638 kr
GAMMA Investing LLC
0.000164 %
1,851 0.000164 % 36 752 kr
Zweig Advisers LLC
0.000062 %
700 0.000062 % 13 899 kr
Van Kampen Asset Management
0.000049 %
550 0.000049 % 10 920 kr

Holdings

NameEquities%Valuation
6,713,884 0.27% 6,066,397,027 $
11,094,464 0.15% 4,667,662,894 $
14,997,812 0.10% 2,571,824,802 $
8,950,220 0.09% 1,614,440,684 $
9,566,040 0.16% 1,443,802,417 $
2,559,750 0.57% 1,291,649,850 $
1,964,721 1.29% 1,122,838,052 $
3,575,356 1.14% 1,036,781,733 $
1,285,229 0.63% 979,858,590 $
4,218,142 0.15% 844,893,843 $

Company contact information

Swedbank AB

Landsvägen 40 Järnvägsgatan 18

172 63, Sundbyberg

+46 8 58 59 00 00

http://www.swedbank.com
address Swedbank AB(SWED A)

Group companies

NameCategory and Sector
Finance/Rental/Leasing
Swedbank Robur Globalfond MEGA
Investment Trusts/Mutual Funds
Swedbank Robur Premium Försiktig
Investment Trusts/Mutual Funds
Swedbank Robur Premium Modig
Investment Trusts/Mutual Funds
Swedbank Robur Private Banking Core
Investment Trusts/Mutual Funds
Swedbank Robur Private Banking Edge
Investment Trusts/Mutual Funds
Swedbank Robur Private Banking Safe
Investment Trusts/Mutual Funds
Major Banks
Investment Managers

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
216.1 SEK
Average target price
236.7 SEK
Spread / Average Target
+9.55%
Consensus