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TF Bank AB (FRA:6TF) Altman Z-Score


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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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » TF Bank AB (FRA:6TF) » Definitions » Altman Z-Score
Comparable Companies
OSTO:NORION OSTO:LEA NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK SGX:D05 XPAR:BNP MIL:ISP MIL:UCG PNC NSE:SBIN TSE:8411 USB HKSE:01658 ISX:BBCA TFC SGX:O39 SHSE:601166 SAU:1180
Traded in Other Exchanges
TFBANK:Sweden 0RHM:UK 6TF:Germany
Address
Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110
Website
https://group.tfbank.se
TF Bank AB is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. The platform is designed for scalability and adaptability to different products, countries, currencies, and digital banking solutions. TF Bank prioritizes organic growth under controlled conditions and expansion is taking place in carefully selected segments and markets. The business is conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Spain, Ireland and the Netherlands through subsidiary, branch or cross-border banking with the support of the Swedish banking license.