Swedbank AB (publ)

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Swedbank AB (publ) (SWED-A) Price Performance

Swedbank AB (publ) (SWED-A) trades on Nasdaq Stockholm in SEK. The company is classified in the Financial Services sector under the Banks - Regional industry. The stock currently trades at SEK330.60, down 0.63% from the previous close.

Over the past year, SWED-A has traded between a low of SEK220.60 and a high of SEK361.30. The stock has gained 49.9% over this period. It is currently 8.5% below its 52-week high.

Swedbank AB (publ) has a market capitalization of $375.70B, with a price-to-earnings ratio of 11.54 and a dividend yield of 6.11%.

About Swedbank AB (publ)

Swedbank AB (publ) provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. It operates through Swedish Banking; Baltic Banking; Corporates and Institutions; and Premium and Private Banking segments. The company offers saving and investment solutions, such as savings accounts, mutual funds and insurance savings, pension savings, institutional asset management, and other savings and investment products; financing solutions, including private residential lending, consumer financing, corporate lending, leasing, and other financing products, as well as trade finance and factoring services; and payment and card services, which include current accounts, cash management, cash handling, debit and credit cards, and card acquiring, as well as domestic, international, mobile, document, and other payment products. It also provides trading and capital market products, such as equity trading, structured products, corporate finance, custody services, fixed income and currency trading, and other capital market products; other services, including administrative services, treasury operations, real estate brokerage and management services, legal services, and safe deposit boxes; and private banking services. In addition, the company offers pension insurance and plans, endowment insurance, and personal insurance products; mortgage lending; mortgage lending; advisory services and investment banking; and transaction banking services comprising cash management, securities, account, and clearing and settlement services, as well as Internet and mobile banking services. The company was formerly known as ForeningsSparbanken AB and changed its name to Swedbank AB (publ) in September 2006. Swedbank AB (publ) was founded in 1820 and is headquartered in Sundbyberg, Sweden.