GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TF Bank AB (OSTO:TFBANK) » Definitions » Altman Z-Score

TF Bank AB (OSTO:TFBANK) Altman Z-Score


View and export this data going back to 2016. Start your Free Trial

What is TF Bank AB Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


TF Bank AB (OSTO:TFBANK) Business Description

Traded in Other Exchanges
Address
Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110
TF Bank AB is an internet-based niche bank which offers consumer banking services and Ecommerce Solutions through a proprietary IT platform with a high degree of automation. It is engaged in deposit and lending operations for private individuals in Sweden and Finland, as well as cross-border lending operations in Norway, Denmark, Estonia, Latvia, and Poland. The company operates through three segments Consumer Lending, Ecommerce Solutions, and Credit Cards.