Swedbank - Public Comps and Valuation Multiples

Swedbank Overview

About Swedbank

Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

Founded

1820

HQ

Employees

17.2K+

Website

swedbank.com

Sectors

Commercial Banking

Financials

LTM Revenue $7.2B

LTM EBITDA n/a

EV

$108B

Valuation Multiples

Multiples.vc

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

Swedbank Financials

Swedbank has a last 12-month revenue of $7.2B and a last 12-month EBITDA of n/a.

In the most recent fiscal year, Swedbank achieved revenue of $7.3B and an EBITDA of n/a.

Swedbank expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Swedbank valuation multiples based on analyst estimates

Swedbank P&L

	FY 2023	FY 2024	FY 2025	LTM	NTM
Revenue	$7.2B	$7.3B	XXX	XXX	XXX
Gross Profit	n/a	n/a	XXX	XXX	XXX
Gross Margin	NaN%	NaN%	XXX	XXX	XXX
EBITDA	n/a	n/a	XXX	XXX	XXX
EBITDA Margin	NaN%	NaN%	XXX	XXX	XXX
Net Profit	$2.2B	$3.4B	XXX	XXX	XXX
Net Margin	30%	47%	XXX	XXX	XXX
Net Debt	$50.8B	$61.2B	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

Swedbank Stock Performance

As of April 15, 2025, Swedbank's stock price is SEK 216 (or $21).

Swedbank has current market cap of SEK 243B (or $24.2B), and EV of SEK 1.09T (or $108B).

See Swedbank trading valuation data

Swedbank Stock Data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$108B	$24.2B	XXX	XXX	XXX	XXX	$2.91

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Swedbank Valuation Multiples

As of April 15, 2025, Swedbank has market cap of $24.2B and EV of $108B.

Swedbank's trades at 15.1x LTM EV/Revenue multiple, and n/a LTM EBITDA.

Analysts estimate Swedbank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See valuation multiples for Swedbank and 10K+ public comps

Swedbank Financial Valuation Multiples

	FY 2024	FY 2025E	FY 2026E	FY 2027E
EV	$108B	XXX	XXX	XXX
EV/Revenue	14.8x	XXX	XXX	XXX
EV/EBITDA	n/a	XXX	XXX	XXX
P/E	7.0x	XXX	XXX	XXX
P/E/Growth	-0.8x	XXX	XXX	XXX
EV/FCF	13.5x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Swedbank Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Swedbank Valuation Multiples

Swedbank's NTM/LTM revenue growth is -7%

Swedbank's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.2M for the same period.

Over next 12 months, Swedbank's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .

Analysts estimate Swedbank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See operational valuation multiples for Swedbank and other 10K+ public comps

Swedbank Operational Valuation Multiples

	FY 2024	NTM	FY 2025E	FY 2026E	FY 2027E
Revenue Growth	1%	XXX	XXX	XXX	XXX
EBITDA Margin	n/a	XXX	XXX	XXX	XXX
EBITDA Growth	n/a	XXX	XXX	XXX	XXX
Rule of 40 (SaaS-only)	n/a	XXX	XXX	XXX	XXX
Revenue per Employee	$0.4M	XXX	XXX	XXX	XXX
Opex per Employee	$0.2M	XXX	XXX	XXX	XXX
S&M Expenses to Revenue	1%	XXX	XXX	XXX	XXX
G&A Expenses to Revenue	10%	XXX	XXX	XXX	XXX
R&D Expenses to Revenue	n/a	XXX	XXX	XXX	XXX
Opex to Revenue	40%	XXX	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry