Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from TF Bank AB ( (SE:TFBANK) ).
TF Bank’s Swedish subsidiary, Goldcup 37337 AB, has received a license from the Swedish Financial Supervisory Authority to operate as a deposit-taking financial institution. This move allows the subsidiary to function within the Consumer Lending segment, potentially enhancing TF Bank’s market presence and operational capabilities in Sweden.
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 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 maintained a balance of growth and profitability, with a strong focus on scalability and automation following its stock market listing on Nasdaq Stockholm in 2016.
Average Trading Volume: 82,702
Technical Sentiment Signal: Buy
Current Market Cap: SEK10.52B
See more insights into TFBANK stock on TipRanks’ Stock Analysis page.