Avanza Bank Holding AB (publ)
Research Avanza Bank Holding AB (publ) (AZA) on Bullrun: valuation model: 2.8% undervalued, market cap SEK 63.38B, P/E 22.4, dividend yield 3.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAZA
- ExchangeST
- CountrySweden
- SectorFinancial Services
- IndustryBanks - Regional
- CurrencySEK
- Valuation signal2.8% undervalued
- Market capSEK 63.38B
- P/E22.4
- Dividend yield3.1%
- Financial periodQ2 2026
- RevenueSEK 1.33B
- Net incomeSEK 785.00M
- Gross margin72.6%
Valuation Snapshot
Bullrun's latest valuation model marks Avanza Bank Holding AB (publ) as 2.8% undervalued; latest market cap is SEK 63.38B; P/E is 22.4; dividend yield is 3.1%.
Peer valuation comparison
Latest P/E is 22.41x versus a Financial Services sector median of 13.84x (62.0% above).
Latest dividend yield is 3.12% versus a Financial Services sector median of 3.86% (19.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 4.54B | SEK 2.62B | n/a | 72.0% | n/a | SEK 13.06B | SEK 356.00M | SEK 7.93B |
| FY2024 | SEK 3.93B | SEK 2.25B | SEK 3.95B | 70.8% | 14.32 | SEK 12.17B | SEK 281.00M | SEK 6.32B |
| FY2023 | SEK 3.44B | SEK 1.98B | SEK 8.62B | 70.7% | 12.64 | SEK 11.21B | n/a | SEK 5.83B |
| FY2022 | SEK 2.97B | SEK 1.67B | SEK 7.62B | 69.7% | 10.67 | SEK 6.94B | n/a | SEK 4.95B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | SEK 63.38B | 22.4 | 3.2% | 12.75 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 12.75 SEK, yield 3.1%.
| Year | Dividends/share |
|---|---|
| FY2024 | 11.5 SEK |
| FY2023 | 7.5 SEK |
| FY2022 | 9.2 SEK |
About Avanza Bank Holding AB (publ)
Avanza Bank Holding AB (publ), together with its subsidiaries, provides various savings, pension, and mortgages products in Sweden. It offers share and fund, investment savings, endowment insurance, savings, endowment child insurance, external deposit, and pension insurance accounts, as well as occupational pensions and individual pension plans. The company also trades in equities, funds, and other securities;
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Frequently asked questions
Is Avanza Bank Holding AB (publ) overvalued or undervalued?
Bullrun's valuation model currently marks Avanza Bank Holding AB (publ) as 2.8% undervalued.
What is Avanza Bank Holding AB (publ)'s market cap?
Avanza Bank Holding AB (publ)'s market capitalization is SEK 63.38B.
What is Avanza Bank Holding AB (publ)'s P/E ratio?
Avanza Bank Holding AB (publ)'s price-to-earnings (P/E) ratio is 22.4.
Does Avanza Bank Holding AB (publ) pay a dividend?
Avanza Bank Holding AB (publ) has a dividend yield of 3.1%.
What does Avanza Bank Holding AB (publ) do?
Avanza Bank Holding AB (publ), together with its subsidiaries, provides various savings, pension, and mortgages products in Sweden. It offers share and fund, investment savings, endowment insurance, savings, endowment child insurance, external deposit, and pension insurance accounts, as well as occupational pensions and individual pension plans. The company also trades in equities, funds, and other securities; and provides external and green mortgages, private banking mortgages, margin loans, and stock lending products.