SWDBF (Swedbank AB) Net Income: $3,401 Mil (TTM As of Mar. 2026)


SWDBF Swedbank AB SWDBF
67 GF Score
Price $36.78
GF Value $22.46
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Swedbank AB Net Income?

Swedbank AB SWDBF 67 Net Income is $3,401 Mil as of Mar. 2026. GuruFocus rates SWDBF with a GF Score™ of 67/100 and a GF Value™ of $22.46 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Swedbank AB's Net Income for the three months ended in Mar. 2026 was $788 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $3,401 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Swedbank AB's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.70.


Swedbank AB  (OTCPK:SWDBF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Swedbank AB's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Swedbank AB Net Income Related Terms


Swedbank AB Net Income Historical Data

* Premium members only.

The historical data trend for Swedbank AB's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Swedbank AB Net Income Chart

Swedbank AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,296.14 2,058.68 3,327.09 3,174.24 3,525.26

Swedbank AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 809.25 825.92 908.06 878.36 788.33
SWDBF
67GF Score
Swedbank AB SWDBF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Swedbank AB Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Swedbank AB's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4439.124+-914.187+0+0.32300000000032
=3,525

Swedbank AB's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1004.164+-215.837+0+0
=788

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,401 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $3,401 Mil mean?
Swedbank AB (SWDBF) has a Net Income of $3,401 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Swedbank AB and its competitors.
Is Swedbank AB's Net Income too high?
Swedbank AB's current Net Income is $3,401 Mil. Overall, Swedbank AB has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swedbank AB's Net Income compare to PNC and USB?
Swedbank AB's Net Income of $3,401 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Swedbank AB and its competitors. Swedbank AB's current Net Income is $3,401 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swedbank AB stock overvalued right now?
Based on GuruFocus' analysis, Swedbank AB (SWDBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.46, compared to a current price of $36.78 — trading 63.8% above its estimated fair value. The current Net Income is $3,401 Mil. Swedbank AB's overall GF Score™ is 67/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Swedbank AB (SWDBF), the current Net Income is $3,401 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Swedbank AB (SWDBF) Overvalued in 2026?

Based on GuruFocus' analysis, Swedbank AB stock appears to be overvalued. The current stock price of $36.78 is trading 63.8% above its estimated GF Value™ of $22.46. GuruFocus considers Swedbank AB to be Significantly Overvalued.

Key valuation signals for SWDBF:

  • Net Income: $3,401 Mil
  • GF Value™: $22.46 vs. price of $36.78 (63.8% above fair value)
  • GF Score™: 67/100 with 10 warning signs

No single metric tells the full story. See the SWDBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swedbank AB Business Description

Address Landsvagen 40, Sundbyberg, Stockholm, SWE, 17263
Swedbank is one of the largest retail 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.
67GF Score

Get the complete analysis for SWDBF

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.78
Price
$22.46
GF Value