TF Bank AB (TFBANK) AI Stock Analysis

• Market Cap: kr11.92B
• Dividend Yield: N/A
• Average Volume (3M): 78.95K
• Price to Earnings (P/E): 6.0
• Beta (1Y): 0.42
• Revenue Growth: 18.25%
• EPS Growth: 56.05%
• Country: SE
• Employees: 443
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 2.23
• Shares Outstanding: 64,650,000
• 10 Day Avg. Volume: 96,250
• 30 Day Avg. Volume: 78,953
• PEG Ratio: 0.21
• Price to Book (P/B): 2.83
• Price to Sales (P/S): 2.44
• P/FCF Ratio: -4.80
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ―

TF Bank AB's stock score is driven by a strong balance sheet with no debt and robust equity, underscoring financial stability. However, challenges in cash flow management present some risks, which are crucial for sustaining growth. Technical analysis shows mixed signals with short-term weaknesses but longer-term support. Valuation metrics suggest the stock is fairly valued, adding moderate investment appeal. The absence of recent earnings call and corporate events data limits insight into immediate prospects.

TF Bank AB Business Overview & Revenue Model

Company Description

TF Bank AB is a Swedish bank that specializes in providing consumer loans, savings accounts, and payment solutions. With a strong focus on digital banking, TF Bank operates primarily in the Nordic region, offering flexible financial products to both individuals and businesses. The bank is known for its efficient online services and customer-centric approach, allowing it to cater to a diverse clientele seeking accessible financial solutions.

How the Company Makes Money

TF Bank generates revenue primarily through interest income from its lending activities, including consumer loans and credit products. The bank charges interest on the loans it provides, which constitutes a significant portion of its earnings. Additionally, TF Bank earns income from fees associated with its financial products, such as account maintenance fees and transaction fees for payment solutions. The bank also benefits from its deposit-taking activities, attracting savings from customers and using these deposits to fund its lending operations. Strategic partnerships with various retailers and service providers further enhance its revenue streams by offering point-of-sale financing options and promotional loan products.

TF Bank AB Financial Statement Overview

Summary

TF Bank AB presents a mixed financial picture. The income statement shows strong revenue growth and profitability, although with some fluctuations in net profit margins. The balance sheet is a highlight, featuring no debt and robust equity, which provides financial stability and resilience. However, the cash flow statement indicates challenges in cash generation, with negative operating and free cash flows in recent periods. The company's overall financial health is solid, but attention to cash flow management is needed to sustain long-term growth and stability.

Income Statement

TF Bank AB shows strong revenue growth, particularly in the most recent period with a TTM (Trailing-Twelve-Months) revenue increase. The gross profit margin remains robust, indicating efficient cost management relative to revenue. However, the net profit margin has seen slight fluctuations, suggesting some volatility in bottom-line profitability. The EBIT margin is healthy, showcasing solid operational efficiency, although the EBITDA margin is less informative due to significant amortization and depreciation charges. Overall, the income statement reflects strong revenue growth and profitability, albeit with some volatility in net income.

Balance Sheet

The balance sheet of TF Bank AB is notably strong with no current debt, resulting in a debt-to-equity ratio of zero, which is highly favorable. The equity ratio has improved, reflecting a robust capital base relative to total assets. Return on Equity (ROE) is strong, demonstrating effective use of equity to generate profits. High levels of cash and equivalents further strengthen the financial position, enhancing liquidity and reducing financial risk. Overall, the balance sheet is characterized by low leverage and strong equity, which enhances financial stability.

Cash Flow

TF Bank AB's cash flow statement reveals some challenges, particularly with negative operating cash flow in the TTM (Trailing-Twelve-Months) period, which could indicate issues with cash generation from core operations. The free cash flow is also negative, pointing to potential cash constraints. However, the company has previously demonstrated the ability to generate positive free cash flow, suggesting some resilience. The operating cash flow to net income ratio is unfavorable, which could reflect timing issues or operational inefficiencies. Overall, the cash flow position indicates pressure on cash generation, but historical performance shows some capacity to recover.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.48B	3.21B	2.49B	1.60B	1.16B	865.13M
Gross Profit	2.64B	2.41B	1.98B	1.39B	1.04B	864.58M
EBITDA	932.13M	856.39M	570.07M	473.13M	381.20M	0.00
Net Income	689.03M	632.35M	396.70M	342.46M	277.21M	202.72M
Balance Sheet
Total Assets	26.20B	25.07B	23.95B	18.35B	13.39B	10.22B
Cash, Cash Equivalents and Short-Term Investments	18.07M	18.56M	5.74B	57.69M	1.28B	1.10B
Total Debt	346.19M	662.87M	651.35M	273.46M	251.62M	292.20M
Total Liabilities	23.25B	22.30B	21.79B	16.61B	11.96B	9.13B
Stockholders Equity	2.95B	2.77B	1.91B	1.73B	1.43B	1.08B
Cash Flow
Free Cash Flow	-324.64M	-1.63B	761.35M	999.85M	188.22M	336.02M
Operating Cash Flow	-379.83M	-1.55B	852.86M	1.05B	225.23M	361.58M
Investing Cash Flow	12.87M	4.48M	-107.80M	-47.85M	-37.03M	-25.56M
Financing Cash Flow	841.76M	-29.13M	4.72B	-36.35M	2.81B	1.55B

TF Bank AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 184.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:TFBANK, the sentiment is Positive. The current price of 184.36 is above the 20-day moving average (MA) of 168.53, above the 50-day MA of 154.87, and above the 200-day MA of 130.46, indicating a bullish trend. The MACD of 7.04 indicates Negative momentum. The RSI at 73.38 is Negative, neither overbought nor oversold. The STOCH value of 94.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:TFBANK.

TF Bank AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AZA	82 Outperform	53.66B	21.47	―	3.44%	8.63%	20.64%
NORION	72 Outperform	13.53B	9.71	―	―	4.14%	10.95%
HOFI	70 Neutral	8.74B	10.01	―	2.00%	23.24%	6.30%
TFBANK	65 Neutral	kr11.92B	5.99	27.26%	―	18.25%	56.05%
RESURS	61 Neutral	6.00B	58.88	2.24%	―	-1.57%	―
INTRUM	46 Neutral	5.83B	-3.43	-13.35%	―	-10.09%	-1.04%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

TF Bank AB Corporate Events

TF Bank Reports Strong Growth in Loan Portfolio and E-commerce Solutions

TF Bank’s loan portfolio reached SEK 22,187 million by the end of July 2025, marking a 20% increase from July 2024 in local currencies. The bank saw significant growth in its Credit Cards and Ecommerce Solutions segments, with new lending and transaction volumes rising by 36% and 39% respectively compared to the previous year. This growth reflects the bank’s strong market positioning and its ability to leverage its digital platform to expand its lending and e-commerce activities across its operating regions.

TF Bank Announces Executive Shareholding Changes

TF Bank announced changes in shareholdings among its executive directors. CEO Joakim Jansson acquired 650 shares, increasing his total to 10,000 shares, while CFO Mikael Meomuttel sold 20,000 shares to repay a loan, leaving him with 24,000 shares. These transactions, conducted on Nasdaq Stockholm, will be reported in the Swedish Financial Supervisory Authority’s insider register.

TF Bank Announces 3:1 Share Split Effective July 2025

TF Bank AB has announced a share split, approved at the Annual General Meeting, where each existing share will be divided into three. The record date for this split is set for 21 July 2025, and the total number of shares will increase to 64,650,000. This move is expected to adjust the share price and change the ISIN code, with no action required from shareholders.

TF Bank AB Reports Strong Growth and Strategic Expansion in H1 2025

TF Bank AB reported a significant financial performance improvement for the first half of 2025, with a 25% increase in operating profit and a 20% growth in its loan portfolio compared to the previous year. The company has also expanded its credit card business and initiated new partnerships in its Ecommerce Solutions segment, which are expected to boost transaction volumes, while applying to establish operations in the UK, indicating strategic growth and expansion efforts.

TF Bank to Release Interim Report for H1 2025

TF Bank AB is set to release its interim report for the first half of 2025 on July 11, inviting media, investors, and analysts to a conference call with its CEO and CFO. This announcement highlights the bank’s commitment to transparency and engagement with stakeholders, potentially impacting its market perception and investor relations.

TF Bank Revises Share Split Record Date

TF Bank AB announced a correction regarding the record date for its share split, initially set for June 25, 2025. The company will announce a new date later, withdrawing the previous press release. This decision is part of TF Bank’s ongoing operations and is significant for stakeholders monitoring the company’s financial activities.

TF Bank Announces 3-for-1 Share Split to Enhance Marketability

TF Bank AB has announced a 3-for-1 share split, increasing the total number of shares to 64,650,000, with the record date set for 25 June 2025. This strategic move, which will automatically update shareholder records via Euroclear Sweden AB, aims to enhance share liquidity and marketability, reflecting the company’s ongoing commitment to optimizing shareholder value.

TF Bank AB’s AGM Approves Key Resolutions and Strategic Initiatives

TF Bank AB’s Annual General Meeting approved several key resolutions, including the approval of the 2024 financial statements, an extraordinary one-off dividend of SEK 5.00 per share, and the re-election of board members. Additionally, the meeting authorized the Board to acquire and transfer own shares and issue new shares, aiming to enhance shareholder value and strategic growth opportunities. The meeting also resolved a share split to increase the number of shares, reflecting the company’s strategic focus on optimizing its capital structure and market positioning.

TF Bank Reports Strong Growth in Loan Portfolio and Lending Activities

TF Bank’s loan portfolio reached SEK 21,002 million by the end of May 2025, marking an 18% increase from the previous year in local currencies. The bank reported significant growth in new lending for credit cards and consumer lending, with a 32% and 4% increase respectively for May 2025 compared to May 2024, indicating strong performance across its service segments.