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Swedbank AB (publ) (OTCMKTS:SWDBY) Posts Quarterly Earnings Results

Swedbank AB (publ) logo with Finance background

Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) announced its earnings results on Thursday. The financial services provider reported SEK 0.70 EPS for the quarter, Zacks reports. Swedbank AB (publ) had a return on equity of 17.38% and a net margin of 25.27%.

Swedbank AB (publ) Trading Down 0.4 %

OTCMKTS SWDBY traded down SEK 0.10 on Friday, hitting SEK 22.39. 10,000 shares of the stock were exchanged, compared to its average volume of 37,200. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.50 and a current ratio of 1.50. Swedbank AB has a 52-week low of SEK 18.52 and a 52-week high of SEK 22.84. The firm has a market capitalization of $25.20 billion, a P/E ratio of 7.67, a P/E/G ratio of 0.88 and a beta of 0.91. The stock has a fifty day moving average price of SEK 20.05 and a two-hundred day moving average price of SEK 20.42.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Swedbank AB (publ) to a "hold" rating in a report on Friday, September 27th.

View Our Latest Stock Report on SWDBY

Swedbank AB (publ) Company Profile

(Get Free Report)

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.

Further Reading

Earnings History for Swedbank AB (publ) (OTCMKTS:SWDBY)

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