SWDBF

Swedbank AB (publ)

Financial Services · $43.7B market cap

Is SWDBF undervalued?

Share price

$38.90

as of Oct 22, 2026

Fair value

$44.84

Sticker Price

Payback Price

$17.93

buy price

Undervalued

SWDBF is Undervalued: at $38.90 it trades 13% below its fair value of $44.84. Its buy price (Payback Price) is $17.93, 54% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth6.8% a year✗
Equity per share growth4.8% a year✗
Sales growth-0.9% a year✗
Free cash flow growth3.6% a year✗
Return on invested capital2.1%✗

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Questions about SWDBF

What is SWDBF's fair value?

$44.84 as of Oct 22, 2026, worked out with the Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

At what price would SWDBF be a buy?

At or below its buy price of $17.93, a 60% margin of safety below its fair value.

Is SWDBF undervalued right now?

SWDBF is Undervalued: at $38.90 it trades 13% below its fair value and 117% above its buy price.

How can I check SWDBF's value myself?

Use the free Sticker Price calculator, already filled with SWDBF's numbers. Change the growth, P/E or required return and see what you'd pay. Open the calculator →

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About Swedbank AB (publ)

Swedbank AB (publ) delivers a comprehensive range of financial solutions and services to both individual clients and corporate enterprises. Its operations are organized into three primary divisions: Swedish Banking, Baltic Banking, and Large Corporates & Institutions. The institution's product suite includes diverse savings and investment vehicles such as deposit accounts, mutual funds, insurance-linked savings, pension plans, and institutional asset management. It also facilitates various forms of credit, including home loans for private individuals, consumer credit, corporate financing, equipment leasing, trade financing, and factoring. Daily banking needs are met through current accounts, cash management, a variety of debit and credit cards, merchant acquiring services, and numerous payment options, encompassing domestic, international, mobile, and document-based transactions. Swedbank is actively involved in capital markets, offering services like equity trading, structured financial products, corporate advisory, custody services, and trading in fixed income and foreign exchange instruments. Its robust advisory and investment banking capabilities extend to corporate financing, debt capital market solutions, leveraged finance, and loan syndication. Additionally, it provides extensive transaction banking services, including cash flow management, trade finance, securities services, commercial payment solutions, account management, and efficient clearing and settlement. Ancillary services provided encompass administrative support, treasury operations, real estate brokerage and management, legal assistance, and secure deposit facilities. Customers also benefit from modern digital banking channels, accessible via telephone, internet, and mobile applications. The company maintains a significant physical presence with 153 branches across Sweden, 17 in Estonia, 21 in Latvia, and 42 in Lithuania. Beyond these core branch territories, Swedbank also conducts business in Norway, Finland, Denmark, China, the United States, and South Africa. Established in 1820, Swedbank AB (publ) was originally known as ForeningsSparbanken AB before adopting its current name in September 2006. Its headquarters are located in Sundbyberg, Sweden.

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Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of Oct 22, 2026. How the Payback Price works