Q4 2017 Earnings Forecast for Swedbank AB (SWDBY) Issued By Jefferies Group

Swedbank AB (OTCMKTS:SWDBY) – Analysts at Jefferies Group issued their Q4 2017 earnings per share estimates for shares of Swedbank in a note issued to investors on Thursday. Jefferies Group analyst K. Pillai forecasts that the financial services provider will post earnings of $0.50 per share for the quarter. Jefferies Group also issued estimates for Swedbank’s FY2020 earnings at $2.17 EPS.

Swedbank (OTCMKTS:SWDBY) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.53 EPS for the quarter. Swedbank had a return on equity of 48.17% and a net margin of 39.76%.

Other analysts also recently issued reports about the company. ValuEngine downgraded Swedbank from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research downgraded Swedbank from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Berenberg Bank downgraded Swedbank from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. Finally, Macquarie restated an “underperform” rating on shares of Swedbank in a report on Friday, October 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold”.

Swedbank (OTCMKTS:SWDBY) remained flat at $$24.96 during mid-day trading on Friday. The company’s stock had a trading volume of 2,551 shares, compared to its average volume of 33,640. The firm has a market capitalization of $28,190.00, a price-to-earnings ratio of 11.94 and a beta of 1.06. The company has a debt-to-equity ratio of 7.30, a quick ratio of 1.64 and a current ratio of 1.64. Swedbank has a 12-month low of $22.58 and a 12-month high of $27.72.

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Swedbank Company Profile

Swedbank AB is a savings bank. The Company offers financial services and products in its home markets of Sweden, Estonia, Latvia and Lithuania. The Company’s segments are Swedish Banking, Baltic Banking, Large corporates & Institutions, and Group Functions & Other. The Company offers products mainly in the areas of lending, payments and savings.

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