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Avanza Bank Holding AB
(AZA)
Avanza Bank Holding AB (AZA) vs. iShares MSCI Sweden ETF (EWD)
Avanza Bank Holding AB Business Overview & Revenue Model
Avanza Bank Holding AB Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.20B | 5.08B | 4.40B | 3.12B | 3.41B | 2.43B |
| Gross Profit | 4.44B | 3.90B | 3.44B | 2.97B | 3.30B | 2.35B |
| EBITDA | 2.33B | 2.71B | 2.38B | 2.02B | 2.51B | 1.66B |
| Net Income | 2.62B | 2.25B | 1.98B | 1.67B | 2.05B | 1.33B |
Balance Sheet | ||||||
| Total Assets | 404.82B | 343.61B | 282.45B | 241.09B | 279.08B | 204.78B |
| Cash, Cash Equivalents and Short-Term Investments | 12.24B | 8.19B | 8.63B | 4.92B | 2.94B | 1.43B |
| Total Debt | 1.16B | 281.00M | 92.00M | 83.00M | 122.00M | 171.00M |
| Total Liabilities | 398.31B | 337.29B | 276.62B | 236.14B | 274.38B | 201.60B |
| Stockholders Equity | 6.51B | 6.32B | 5.83B | 4.95B | 4.70B | 3.17B |
Cash Flow | ||||||
| Free Cash Flow | 24.67B | 3.95B | 8.62B | 7.61B | 4.47B | 6.88B |
| Operating Cash Flow | 24.72B | 3.99B | 8.64B | 7.65B | 4.53B | 6.94B |
| Investing Cash Flow | -19.35B | -1.20B | -3.28B | -4.37B | -2.62B | -5.95B |
| Financing Cash Flow | -1.08B | -1.83B | -1.09B | -1.36B | -554.00M | -398.00M |
Avanza Bank Holding AB Technical Analysis
Avanza Bank Holding AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | €69.60B | 24.57 | 41.80% | 3.05% | 2.54% | 4.51% | |
72 Outperform | €11.64B | 6.69 | 26.88% | ― | 15.59% | 24.31% | |
71 Outperform | kr14.05B | 9.80 | ― | ― | 0.78% | 13.82% | |
70 Neutral | kr8.59B | 9.53 | 15.75% | 1.99% | 19.81% | 5.77% | |
68 Neutral | kr57.41B | 21.92 | 42.92% | 3.27% | 7.33% | 23.01% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
Avanza Bank Holding AB Corporate Events
Avanza Bank Holding AB reported an increase of 151,800 customers in 2025, reaching a total of 2,223,500 by the end of October. The net inflow for October was SEK 5,070 million, contributing to a total of SEK 52,800 million for the year. The company also saw a rise in savings capital and brokerage-generating activities, indicating strong growth and engagement within its customer base. These statistics highlight Avanza’s continued expansion and robust positioning in the Swedish financial market, with significant implications for its stakeholders as it maintains its leadership in customer satisfaction and transaction volume.
The most recent analyst rating on (SE:AZA) stock is a Sell with a SEK330.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
Avanza Bank Holding AB has announced the formation of its Nomination Committee for the upcoming Annual General Meeting in April 2026. The committee includes representatives from the four largest shareholders: Biovestor AB, Creades AB, AMF – Tjänstepensioner och Fonder, and the Dybeck family, with Erik Törnberg appointed as Chairman. This announcement is significant as it outlines the governance structure and shareholder involvement in decision-making, which could impact the company’s strategic direction and stakeholder relations.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK385.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
Avanza Bank Holding AB reported a strong financial performance for the third quarter of 2025, with a 19% increase in operating income and a 24% rise in operating profit compared to the same period in 2024. The company finalized the acquisition of Sigmastocks and expanded its pension offerings and digital trading markets, which are expected to enhance its market position and growth prospects.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK310.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
Avanza Bank Holding AB is set to release its interim report for January–September 2025 on October 17, followed by a presentation by CEO Gustaf Unger and CTO Fredrik Broman. This event will provide insights into Avanza’s financial performance and technological advancements, potentially impacting its market position and stakeholder interests.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK279.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
Avanza Bank Holding AB reported an increase in its customer base by 132,300 in 2025, reaching a total of 2,204,000 customers by the end of September. The company also saw a net inflow of SEK 4,820 million in September, contributing to a total of SEK 47,700 million for the year. Avanza’s market share in non-collective agreement occupational pension insurance rose to 11.0% from 10.4% the previous year, and its share in the Swedish life insurance market increased to 10.9% from 9.3%. These statistics indicate a strengthening position in the market, reflecting positively on its operational growth and stakeholder confidence.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK279.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
The Swedish Financial Supervisory Authority (FSA) has completed its 2025 review of Avanza, resulting in a reduction of the risk-based Pillar 2 requirement from 5.71% to 5.02%, lowering Avanza’s total risk-based requirement to 17.52%. This decision reflects Avanza’s strong financial position, as it maintains prudent margins above the leverage and capital requirements, reinforcing its stability and competitive standing in the financial market.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK279.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
Avanza Bank Holding AB has increased its number of shares and votes following the issuance of new shares to fulfill employee subscriptions under its incentive program. The total number of shares now stands at 157,744,574, reflecting the company’s ongoing commitment to employee engagement and potentially enhancing its market position.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK279.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
Avanza Bank Holding AB has announced a collaboration with Lifeplan, a leading digital pension advisor in Europe, to enhance its pension services. This partnership aims to provide Avanza’s corporate clients with independent, personalized pension advice, leveraging Lifeplan’s advanced digital tools and expertise. This initiative is expected to strengthen Avanza’s pension offerings, helping clients optimize their pension savings and make informed financial decisions.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK279.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.
Avanza Bank Holding AB reported an increase in its customer base by 117,200 in 2025, reaching a total of 2,188,900 customers by the end of August. The company also saw a net inflow of SEK 4,270 million in August, contributing to a total of SEK 42,900 million for the year. Avanza’s share of the Swedish savings market rose to 7.9% in the second quarter of 2025, up from 7.4% at the end of the second quarter of 2024, indicating a strengthening position in the market.
The most recent analyst rating on (SE:AZA) stock is a Hold with a SEK279.00 price target. To see the full list of analyst forecasts on Avanza Bank Holding AB stock, see the SE:AZA Stock Forecast page.