Swedbank ABFRA:FRY +0.63%70 Net Margin % is 43.32% as of Mar. 2026, which is 9% below its 10-year median of 47.39. GuruFocus rates FRA:FRY with a GF Score™ of 70/100 and a GF Value™ of €19.63 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,527 Banks companies, Swedbank AB ranks better than 91.29% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Swedbank AB's Net Income for the
three
months ended in Mar. 2026 was €682 Mil. Swedbank AB's Revenue for the
three
months ended in Mar. 2026 was €1,574 Mil. Therefore, Swedbank AB's net margin for the quarter that ended in Mar. 2026 was 43.32%.
The historical rank and industry rank for Swedbank AB's Net Margin % or its related term are showing as below:
FRA:FRY'
s Net Margin % Range Over the Past 10 Years
Min: 28.67 Med: 47.39 Max: 51.15
Current: 46.48
FRA:FRY's Net Margin % is ranked better than 91.29% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs FRA:FRY: 46.48
Swedbank AB (FRA:FRY) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Swedbank AB Net Margin % Related Terms
Swedbank AB Net Margin % Historical Data
* Premium members only.
The historical data trend for Swedbank AB's Net Margin % 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.
For the Banks - Regional subindustry, Swedbank AB's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Swedbank AB Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Swedbank AB's Net Margin % distribution charts can be found below:
* The bar in red indicates where Swedbank AB's Net Margin % falls into.
* 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 (FRA:FRY) has a Net Margin % of 43.32% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Swedbank AB and its competitors. This is near median its historical median of 47.39. Over the past decade, Swedbank AB's Net Margin % has ranged from 28.67 to 51.15. According to the industry distribution chart, Swedbank AB ranks #133 out of 1527 companies in the Banks industry, placing it in the top 8.7%.
Is Swedbank AB's Net Margin % too high?
Swedbank AB's current Net Margin % of 43.32% is near median its 10-year median of 47.39. Over the past 10 years, this metric has ranged from a low of 28.67 to a high of 51.15. The Banks industry median Net Margin % is 26.95. Swedbank AB's value of 43.32% is 60.7% above this industry median. Based on the distribution chart, Swedbank AB ranks #133 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Swedbank AB has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swedbank AB's Net Margin % compare to PNC?
According to the Banks industry distribution chart, Swedbank AB ranks #133 out of 1527 companies for Net Margin %. This places Swedbank AB in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 26.95. Swedbank AB's value of 43.32% is 60.7% above this benchmark. Historically, Swedbank AB's own Net Margin % has ranged from 28.67 to 51.15 over the past decade. While the company's 10-year median is 47.39 vs. the industry median of 26.95, Swedbank AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Swedbank AB's current Net Margin % of 43.32% is 60.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Swedbank AB and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swedbank AB's current Net Margin % is 43.32%, which is near median its own 10-year median of 47.39. 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 (FRA:FRY) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.63, compared to a current price of €32.20 — trading 64% above its estimated fair value. The current Net Margin % is 43.32%, which is near median its 10-year median of 47.39 and 60.7% above the Banks industry median of 26.95. Swedbank AB's overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Swedbank AB (FRA:FRY), the current Net Margin % is 43.32% 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 (FRA:FRY) Overvalued in 2026?
Based on GuruFocus' analysis, Swedbank AB stock appears to be overvalued.
The current stock price of €32.20 is trading 64% above its estimated GF Value™ of €19.63.
GuruFocus considers Swedbank AB to be Significantly Overvalued.
Key valuation signals for FRA:FRY:
Net Margin %: 43.32% (near median its 10-year median of 47.39)
GF Value™: €19.63 vs. price of €32.20 (64% above fair value)
Industry Position: 60.7% above the Banks median (#133 of 1527)
No single metric tells the full story. See the FRA:FRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
70GF Score
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