BNP Paribas raises target for Swedbank A stock to SEK 510

Published on 10/19/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNP Paribas raised its target to SEK 510 on October 13, 2026. Swedbank A stock was EUR 35.74 on October 19, 2026, with Q2 return on equity at 15.50 percent.

Analyst targets and earnings date

BNP Paribas raised its Swedbank target to SEK 510 on October 13, 2026.
Second-quarter return on equity was 15.50 percent and the Common Equity Tier 1 ratio was 17.40 percent.
Swedbank A stock traded at EUR 35.74 at 10:36 a.m. CEST at Lang & Schwarz on October 19, 2026.
Swedbank will publish its third-quarter report on October 22, 2026.

Isometrische 3D-Grafik einer digitalen Bank-Wertschöpfungskette mit Sparschwein und App — Swedbank AB (SE0000242455) veranschaulicht diese isometrische 3D-Grafik die digitale Wertschöpfungskette im Retail-Banking, Illustration mit AI erstellt.

Swedbank A (ISIN SE0000242455) was trading at EUR 35.74 at Lang & Schwarz at 10:36 a.m. CEST on October 19, 2026. The latest analyst revision came from BNP Paribas, which raised its target to SEK 510 from SEK 500 on October 13, 2026, while maintaining its outperform view, as reported by Affarsvarlden.

Analyst targets move higher

The October 13 revision followed several target changes in the same coverage cycle. Affarsvarlden listed a BNP Paribas target of SEK 510 from SEK 500 on October 13, 2026, while Handelsbanken raised its target to SEK 452 from SEK 413 on the same date. The range of views is wide: Keefe, Bruyette & Woods retained an underperform rating with a SEK 395 target, also on October 13, 2026.

Three target changes in October

Jefferies raised its Swedbank target to SEK 395 from SEK 360 on October 7, 2026, according to Borskollen. Citigroup set a SEK 415 target on October 9, 2026, and BNP Paribas raised its target to SEK 510 from SEK 500 on October 13, 2026, figures listed by Affarsvarlden.

What does 15.50 percent signal?

Swedbank's second-quarter operating picture gives the targets a measurable earnings backdrop. Its investor-relations page reported adjusted return on equity of 15.50 percent, a cost-to-income ratio of 0.39, a Common Equity Tier 1 capital ratio of 17.40 percent and a credit impairment ratio of 0.06 percent for the second quarter of 2026, according to Swedbank. The combination of profitability and capital strength explains why target revisions matter ahead of the next report, while the different ratings show that analysts do not share one risk assessment.

Report date is October 22

Swedbank will release its interim report for January through September 2026 on October 22, 2026 at 7:00 a.m. CEST, followed by a conference call at 9:30 a.m. CEST, according to Swedbank. The AGM 2027 is scheduled for April 7, 2027.

Stock awaits the next earnings test

The October target revisions put the focus on whether the third-quarter figures can support the second-quarter profitability profile. Swedbank A was trading at EUR 35.74 at Lang & Schwarz on October 19, 2026 at 10:36 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Swedbank A stock.