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TF Bank AB Announces Name Change to Avarda Bank AB

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TF Bank AB Announces Name Change to Avarda Bank AB

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The latest update is out from TF Bank AB ( (SE:TFBANK) ).

TF Bank AB held an Extraordinary General Meeting where it was resolved to change the company’s corporate name to Avarda Bank AB, pending approval from the Swedish Financial Supervisory Authority. The name change reflects the company’s ongoing evolution and is expected to be registered by Q2 2026, with the current name remaining in use until then.

The most recent analyst rating on (SE:TFBANK) stock is a Buy with a SEK194.00 price target. To see the full list of analyst forecasts on TF Bank AB stock, see the SE:TFBANK Stock Forecast page.

More about TF Bank AB

TF Bank AB is a fast-growing digital credit and payment platform operating in 14 European countries. The company develops simple and flexible payment and financing solutions through its proprietary IT infrastructure. Since its founding in 1987, TF Bank has consistently combined growth with profitability and has focused on scalability and automation since its stock market listing in 2016. The company is listed on Nasdaq Stockholm.

YTD Price Performance: 44.95%

Average Trading Volume: 75,129

Technical Sentiment Signal: Buy

Current Market Cap: SEK11.25B

For a thorough assessment of TFBANK stock, go to TipRanks’ Stock Analysis page.

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