Avanza Bank Holding AB (AZA) AI Stock Analysis

• Market Cap: kr52.31B
• Dividend Yield: 3.44%
• Average Volume (3M): 176.71K
• Price to Earnings (P/E): 20.9
• Beta (1Y): 1.03
• Revenue Growth: 8.63%
• EPS Growth: 20.64%
• Country: SE
• Employees: 679
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 3.80
• Shares Outstanding: 157,236,950
• 10 Day Avg. Volume: 222,552
• 30 Day Avg. Volume: 176,707
• PEG Ratio: 1.42
• Price to Book (P/B): 6.79
• Price to Sales (P/S): 11.00
• P/FCF Ratio: 10.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr330.14
• Price Target Upside: -3.81% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 7

• Rating: 82 Outperform
• Price Target: ―

Avanza Bank Holding AB receives a high overall stock score due to its exceptional financial performance, characterized by strong growth, zero debt, and robust cash flows. Technical analysis suggests a neutral trend with potential consolidation, and the valuation remains fair. The lack of recent corporate events or earnings call data slightly limits the analysis but does not detract from its solid financial foundation.

Avanza Bank Holding AB Business Overview & Revenue Model

Company Description

Avanza Bank Holding AB (publ) provides online stock trading services in Sweden. The company offers share and fund, investment savings, endowment insurance, endowment child insurance, external deposit, and pension insurance savings accounts, as well as occupational pensions and individual pension plans. It also trades in equities, funds, and other securities; and provides external and green mortgages, private banking mortgages, and margin loans and lending products. In addition, the company offers decision support services; and publishes topical news and independent advice on the financial website, Placera, as well as on the weekly financial magazine, Börsveckan. It primarily serves individual investors; and professional investors and corporate customers, such as entrepreneurs and asset managers. The company was founded in 1999 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Avanza Bank Holding AB makes money through several key revenue streams. The primary source of revenue is the fees and commissions it charges on trading activities conducted by its users on its platform. This includes transaction fees from buy and sell orders of securities such as stocks and mutual funds. Additionally, Avanza earns interest income from its lending activities, including loans and mortgages offered to customers. The company also generates revenue from management fees related to its asset management services and other financial products. Avanza's focus on technology and digital services allows it to maintain a low-cost structure, which contributes to its profitability. The bank benefits from a significant customer base and has several strategic partnerships with financial institutions and technology providers to enhance its service offerings.

Avanza Bank Holding AB Financial Statement Overview

Summary

Avanza Bank Holding AB demonstrates exceptional financial health with strong revenue and profit growth, a robust equity position with zero debt, and significant cash flow generation, indicating high financial stability and profitability.

Income Statement

Avanza Bank Holding AB shows strong financial performance with a consistent increase in total revenue from 2020 to TTM (Trailing-Twelve-Months) 2025. The gross profit margin is robust, and net profit margins are healthy. The company also exhibits a positive trend in EBIT and EBITDA margins, demonstrating efficient cost management and profitability.

Balance Sheet

The balance sheet reflects a solid financial standing with zero total debt in the recent periods, indicating no leverage risk. The equity ratio is stable and improving, showcasing a strong equity position. The return on equity is high, reflecting effective utilization of shareholder funds to generate profits.

Cash Flow

Avanza Bank's cash flow statement indicates strong cash generation capabilities with significant growth in free cash flow. The operating cash flow to net income ratio is favorable, ensuring liquidity and operational efficiency. The company maintains a solid free cash flow to net income ratio, emphasizing its ability to convert earnings into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.88B	3.90B	3.75B	2.97B	3.30B	2.35B
Gross Profit	4.38B	3.90B	3.35B	2.42B	2.70B	1.90B
EBITDA	1.42B	0.00	2.38B	3.45B	2.52B	1.69B
Net Income	2.50B	2.25B	1.98B	1.67B	2.05B	1.33B
Balance Sheet
Total Assets	381.42B	343.61B	282.45B	241.09B	279.08B	204.78B
Cash, Cash Equivalents and Short-Term Investments	13.55B	8.19B	8.63B	4.92B	2.94B	1.43B
Total Debt	368.00M	281.00M	92.00M	83.00M	122.00M	171.00M
Total Liabilities	374.81B	337.29B	276.62B	236.14B	274.38B	201.60B
Stockholders Equity	6.61B	6.32B	5.83B	4.95B	4.70B	3.17B
Cash Flow
Free Cash Flow	27.34B	3.95B	8.72B	7.61B	4.47B	6.83B
Operating Cash Flow	27.39B	3.99B	8.74B	7.65B	4.53B	6.89B
Investing Cash Flow	-18.54B	-1.20B	-3.60B	-4.37B	-2.62B	-5.95B
Financing Cash Flow	-1.08B	-1.83B	-1.09B	-1.36B	-554.00M	-347.00M

Avanza Bank Holding AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 343.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:AZA, the sentiment is Positive. The current price of 343.2 is below the 20-day moving average (MA) of 343.61, below the 50-day MA of 350.94, and above the 200-day MA of 320.05, indicating a neutral trend. The MACD of -3.05 indicates Positive momentum. The RSI at 47.77 is Neutral, neither overbought nor oversold. The STOCH value of 44.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:AZA.

Avanza Bank Holding AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AZA	82 Outperform	kr52.31B	20.93	45.72%	3.44%	8.63%	20.64%
SWED.A	75 Outperform	311.20B	9.20	―	7.84%	-7.47%	-1.55%
SEB.A	73 Outperform	367.42B	11.17	―	4.66%	-7.62%	-10.61%
SHB.A	70 Outperform	241.88B	9.24	―	12.43%	-12.96%	-9.56%
TFBANK	65 Neutral	11.66B	5.90	22.81%	―	18.25%	56.05%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%