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Swedbank AB (publ) (SWED-A.ST)

Stockholm - Stockholm Real-time price. Currency in SEK
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182.72+0.48 (+0.26%)
As of 10:03AM CET. Market open.
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Previous close182.24
Bid182.82 x 0
Ask182.86 x 0
Day's range180.76 - 183.36
52-week range144.14 - 196.70
Avg. volume2,366,651
Market cap204.908B
Beta (5Y monthly)0.77
PE ratio (TTM)10.00
EPS (TTM)18.27
Earnings dateN/A
Forward dividend & yield10.20 (5.60%)
Ex-dividend date29 Oct 2021
1y target est202.89
  • Reuters

    Nordea starts share buybacks as recovery lifts Nordic banks

    Finland's Nordea and Sweden's Swedbank reported higher earnings for the third quarter on Thursday as banks across the region recovered strongly from the impact of the pandemic and shifted excess capital to shareholders. Helped by the rollout of vaccines, Nordic banks like their peers elsewhere in Europe have benefited from rising corporate and consumer activity while a glut of mergers and acquisitions (M&A) and initial public offerings (IPOs) has yielded rich pickings for their investment banking arms. After forecast-beating earnings from Sweden's SEB and Handelsbanken this week, the region's biggest lender Nordea saw its quarterly operating profit rise to 1.27 billion euros ($1.48 billion) from 1.09 billion a year ago, in line with market expectations.

  • Reuters

    Swedbank fails to keep up with hot mortgage market even as profit leaps

    STOCKHOLM (Reuters) -Swedbank's mortgage growth failed to keep pace with a booming Swedish market in the first quarter, driving down its shares even as it reported better-than-expected net profit and improved resilience to bad debt in the face of the pandemic. Demand for mortgages has been so high in Sweden, particularly in large cities, that the bank is hiring more staff in an attempt to keep up with sales, CEO Jens Henriksson said. Interest income, which includes income from mortgages, fell 2% to 6.54 billion crowns in the first quarter from 6.69 billion a year ago, as growth in mortgages was countered by lower corporate lending during the pandemic.