Swedbank ABCHIX:SWEDAS +0.82%68 Pretax Margin % is 55.17% as of Mar. 2026, which is 8% below its 10-year median of 60.29. GuruFocus rates CHIX:SWEDAS with a GF Score™ of 68/100 and a GF Value™ of kr219.47 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,527 Banks companies, Swedbank AB ranks better than 90.7% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Swedbank AB's Pre-Tax Income for the
three
months ended in Mar. 2026 was kr9,356 Mil. Swedbank AB's Revenue for the
three
months ended in Mar. 2026 was kr16,957 Mil. Therefore, Swedbank AB's pretax margin for the quarter that ended in Mar. 2026 was 55.17%.
The historical rank and industry rank for Swedbank AB's Pretax Margin % or its related term are showing as below:
CHIX:SWEDAs'
s Pretax Margin % Range Over the Past 10 Years
Min: 37.21 Med: 60.29 Max: 62.47
Current: 58.54
CHIX:SWEDAs's Pretax Margin % is ranked better than 90.7% of 1527
companies
in the Banks industry
Industry Median: 34.88
vs CHIX:SWEDAs: 58.54
Swedbank AB (CHIX:SWEDAs) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Swedbank AB Pretax Margin % Related Terms
Swedbank AB Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Swedbank AB's Pretax 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 Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Swedbank AB's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Swedbank AB's Pretax 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 (CHIX:SWEDAS) has a Pretax Margin % of 55.17% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Swedbank AB and its competitors. This is near median its historical median of 60.29. Over the past decade, Swedbank AB's Pretax Margin % has ranged from 37.21 to 62.47. According to the industry distribution chart, Swedbank AB ranks #142 out of 1527 companies in the Banks industry, placing it in the top 9.3%.
Is Swedbank AB's Pretax Margin % too high?
Swedbank AB's current Pretax Margin % of 55.17% is near median its 10-year median of 60.29. Over the past 10 years, this metric has ranged from a low of 37.21 to a high of 62.47. The Banks industry median Pretax Margin % is 34.88. Swedbank AB's value of 55.17% is 58.2% above this industry median. Based on the distribution chart, Swedbank AB ranks #142 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 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swedbank AB's Pretax Margin % compare to PNC?
According to the Banks industry distribution chart, Swedbank AB ranks #142 out of 1527 companies for Pretax Margin %. This places Swedbank AB in the top 9% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 34.88. Swedbank AB's value of 55.17% is 58.2% above this benchmark. Historically, Swedbank AB's own Pretax Margin % has ranged from 37.21 to 62.47 over the past decade. While the company's 10-year median is 60.29 vs. the industry median of 34.88, 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 Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.88, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Swedbank AB's current Pretax Margin % of 55.17% is 58.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Swedbank AB and its competitors. For the Banks industry, the median Pretax Margin % is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swedbank AB's current Pretax Margin % is 55.17%, which is near median its own 10-year median of 60.29. 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 (CHIX:SWEDAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr219.47, compared to a current price of kr356.65 — trading 62.5% above its estimated fair value. The current Pretax Margin % is 55.17%, which is near median its 10-year median of 60.29 and 58.2% above the Banks industry median of 34.88. Swedbank AB's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Swedbank AB (CHIX:SWEDAS), the current Pretax Margin % is 55.17% 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 (CHIX:SWEDAS) Overvalued in 2026?
Based on GuruFocus' analysis, Swedbank AB stock appears to be overvalued.
The current stock price of kr356.65 is trading 62.5% above its estimated GF Value™ of kr219.47.
GuruFocus considers Swedbank AB to be Significantly Overvalued.
Key valuation signals for CHIX:SWEDAS:
Pretax Margin %: 55.17% (near median its 10-year median of 60.29)
GF Value™: kr219.47 vs. price of kr356.65 (62.5% above fair value)
Industry Position: 58.2% above the Banks median (#142 of 1527)
No single metric tells the full story. See the CHIX:SWEDAS 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.
68GF Score
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