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An announcement from Swedbank ( ($SE:SWED.A) ) is now available.
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Swedbank without enforcement action, marking the resolution of one of the historical inquiries into the bank’s past disclosures. However, investigations by the U.S. Department of Justice and the Department of Financial Services in New York remain ongoing, with no current assessment of their potential financial impact or timeline for conclusion.
The most recent analyst rating on ($SE:SWED.A) stock is a Sell with a SEK272.00 price target. To see the full list of analyst forecasts on Swedbank stock, see the SE:SWED.A Stock Forecast page.
More about Swedbank
Swedbank is a leading financial institution with a focus on empowering individuals and businesses to achieve a financially sound and sustainable society. The bank serves over 7 million retail customers and 550,000 corporate clients across its primary markets in Sweden, Estonia, Latvia, and Lithuania, and also operates in other Nordic countries, the U.S., and China.
Average Trading Volume: 1,464,514
Technical Sentiment Signal: Buy
Current Market Cap: SEK298.6B
Find detailed analytics on SWED.A stock on TipRanks’ Stock Analysis page.