◂ Portfolio Summary
SWED-A.STSwedbank AB (ser A)
Financials — Nordic Banks
Overall Risk
44/100
MODERATE
◀ HIGH RISKMODERATELOW RISK ▶
Page 1 / 2 — Snapshot, Valuation, Financial Health & Growth
Last Close
SEK 388.50
Day
-0.41%
Market Cap
SEK 430B
P/E
8.4x
Rev Growth
-5%
Div Yield
8.5%
Next Dividend Ex-Date
~Mar 2027 (est)
12-Month Price
Monthly closes, Nov 2025 → October 30, 2026. 52-week range SEK 300.30 – SEK 410.00.
SEK 300.30SEK 353.90SEK 407.50 SEK 388.50Nov'25May'26Oct'26
Valuation · Financial Health · Growth
Valuation
~8x earnings, ~1.4x book~8.5% dividend yield
Financial Health
Very strong CET1 capitalLegacy AML/compliance tail risk
Growth
Dominant Swedish/Baltic franchiseNII declining as rates fall
Sector median comparison
P/E
8.4x
sector median 9x
Div Yield
8.5%
sector median 6%
CET1
Strong
sector median Above req.
Risk Score Breakdown
Weighted: Valuation 35% · Financial Health 35% · Growth 30% (higher = more risk)
Valuation (35%)42
Financial Health (35%)40
Growth (30%)52
Composite Risk44
Page 2 / 2 — Trend, Earnings, Catalysts vs Risks & Verdict
Quarterly Trend
Rows shaded green = improving QoQ, red = declining. Figures directional; see notes.
QuarterRevenueYoYEPS / KeyTrend
Q4'25——9.8▬ steady
Q1'26——9.2▼ declining
Q2'26——8.9▼ declining
Q3'26——8.6▼ declining
Latest Earnings / Delivery Highlights
Q3'26 result
Lower YoY
NII down as rates eased
Capital
Excess CET1
Supports buybacks & dividend
Costs
Controlled
Efficiency intact
Catalysts vs Risks

▲ Catalysts

Large ordinary + special dividendsHIGH IMPACT
Buyback capacity from excess capitalMEDIUM IMPACT
Baltic & Swedish economy resilienceMEDIUM IMPACT

▼ Risks

Net interest income declineMEDIUM
AML/regulatory legacy tailMEDIUM
Swedish housing/credit cycleMEDIUM
Bottom Line
◀ SELLHOLDBUY ▶
BUY — Quality Yield · Buy/Sell 64/100
A high-quality Nordic bank with fortress capital, ~8x earnings and an ~8.5% yield. Falling NII is the headwind, but excess capital funds generous dividends and buybacks. The lowest-risk, highest-conviction income name in the book — buy.
Generated October 31, 2026. Prices: last close October 30, 2026. Live quotes via AlphaVantage (CURI, NGL, BSBR) and public market data (others); ADA is a 24/7 crypto price. Risk score = 0.35×Valuation + 0.35×Financial Health + 0.30×Growth (0=low risk, 100=high). Quarterly and some fundamental figures are directional/approximate. Informational only — not investment advice.