Swedbank A stock: Keefe, Bruyette & Woods targets Swedbank A stock at SEK 395.00

Published on 10/20/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Swedbank reports results October 22, 2026 at 7:00 a.m. CEST. Swedbank A stock costs EUR 36.04 on October 20, 2026 at 4:42 p.m. CEST.

Analyst target and reporting date

Keefe, Bruyette & Woods raised its Swedbank target to SEK 395.00 from SEK 355.00 on October 13, 2026.
Swedbank will release third-quarter results on October 22, 2026 at 7:00 a.m. CEST.
Swedbank A stock costs EUR 36.04 at Lang & Schwarz on October 20, 2026 at 4:42 p.m. CEST.
Swedbank reported a 15.50 percent adjusted return on equity for the second quarter of 2026.

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Swedbank A (ISIN SE0000242455) is heading into its October 22 results date with a Keefe, Bruyette & Woods target of SEK 395.00, raised from SEK 355.00 on October 13, 2026, according to MarketScreener. The target is 1.40 percent below the SEK 400.60 share price reported for Nasdaq Stockholm at 4:57 p.m. CEST. At Lang & Schwarz, the stock was EUR 36.04 on October 20, 2026 at 4:42 p.m. CEST.

Analyst target meets results date

The target change keeps attention on the bank's valuation before the third-quarter figures. Keefe, Bruyette & Woods retained an underperform rating while lifting its target, giving investors a mixed signal rather than a simple upgrade. The source reported 16 analysts in the broader consensus, with an average target of SEK 407.94.

Stock remains below yearly high

Swedbank's Nasdaq Stockholm listing was at SEK 400.60 on October 20, 2026, while its 52-week range was SEK 282.50 to SEK 416.10 on October 19, 2026. The latest price was 3.73 percent below that high and 41.63 percent above the low. Year-to-date performance stood at plus 24.17 percent on October 19, 2026. The price-to-earnings ratio was 14.50 and the dividend yield was 7.47 percent.

What will the October report add?

Swedbank's investor-relations page schedules the interim report for January through September 2026 on October 22, 2026 at 7:00 a.m. CEST, followed by a conference call at 9:30 a.m. CEST, according to Swedbank. The latest reported second-quarter figures included SEK 17.79 billion in revenue and SEK 7.20 billion in net income, according to TickerLandia. Swedbank's investor-relations page also listed adjusted return on equity of 15.50 percent and a Common Equity Tier 1 ratio of 17.40 percent for the second quarter of 2026.

Consensus points to a lower result

FactSet consensus compiled by Placera called for operating profit of SEK 10.361 billion from 12 analysts for the third quarter, versus SEK 10.809 billion in the comparable period. That implies a year-on-year decline of 4.15 percent, making the upcoming report a test of earnings resilience after the target revisions.

Euro quote for German investors

Swedbank A was trading at EUR 36.04 at Lang & Schwarz on October 20, 2026 at 4:42 p.m. CEST. The company's home listing is Nasdaq Stockholm, where the share was at SEK 400.60 at 4:57 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Swedbank A stock.