Why Avanza Bank stock moves
Avanza Bank rose while the broader market fell clearly.
Written after the close on ·
Why today
16,304 news analyzed todayAvanza Bank rose while the broader market fell clearly.
Over the last five trading days it rose sharply, against a roughly flat OMX Stockholm 30, so the move was big for this stock.
The most likely reason is the October customer statistics published on Wednesday, which showed 14,100 net new customers and strong net inflows, suggesting steady demand.
Financial peers also rose over the same days, so part of the move likely reflects a broader rebound in the sector.
Today's move of +0.71% was 0.8 times a normal day's 0.9%. OMX Stockholm 30 moved −1.01% on the same day.
Avanza Bank +0.71%OMX Stockholm 30 −1.01%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for Avanza Bank.
Avanza Bank earned more than expected in 6 out of 8 reports.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 4 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 368.50 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 4.69 SEK (January 22). For the current fiscal year, expected earnings per share changed from 19.43 SEK three months ago to 19.28 SEK now. 2026 estimate: 19.28 SEK. 2027 estimate: 21.13 SEK. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. September 4: Buy about 70 thousand SEK. September 2: Sell about 164 thousand SEK. September 2: Sell about 787 thousand SEK. September 2: Sell about 500 thousand SEK. September 1: Sell about 1.0 m SEK.
Has the share price followed the business?
Price and earnings moved in the same direction: 3 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +29% and earnings per share +15%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn SEK
Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): 58.3 bn SEKRevenue 2025: 4.5 bn SEK
What the key figures say about Avanza Bank
The figures connect what Avanza Bank earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 10.67 SEK–16.53 SEK. Peers: Ringkjøbing Landbobank 94.72 DKK, AL Sydbank 30.20 DKK, Jyske Bank 83.76 DKK. 2026 estimate: 19.28 SEK (18.90 SEK–19.55 SEK). 2027 estimate: 21.13 SEK (19.02 SEK–24.34 SEK).
What the company sold during the year.
2022–2025: 3.0 bn SEK–4.5 bn SEK. Peers: Ringkjøbing Landbobank 4.3 bn DKK, AL Sydbank 12.4 bn DKK, Jyske Bank 14.1 bn DKK. 2026 estimate: 5.2 bn SEK (5.2 bn SEK–5.2 bn SEK). 2027 estimate: 5.7 bn SEK (5.4 bn SEK–6.2 bn SEK).
Profit as a percentage of shareholders’ money in the company.
2022–2025: 33.2%–35.7%. Peers: Ringkjøbing Landbobank 20.5%, AL Sydbank 10.6%, Jyske Bank 9.8%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 18.5–21.4. Peers: Ringkjøbing Landbobank 18.9, AL Sydbank 24.1, Jyske Bank 13.2. 2026 estimate: 19.1. 2027 estimate: 17.4.
What investors pay for each unit the company sells.
2022–2025: 10.68–12.40. Peers: Ringkjøbing Landbobank 9.79, AL Sydbank 5.00, Jyske Bank 4.40. 2026 estimate: 11.21. 2027 estimate: 10.19.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 2.10 SEK–11.75 SEK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 3.2%–4.2%. Peers: Ringkjøbing Landbobank 0.7%, AL Sydbank 3.4%, Jyske Bank 2.2%.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 6.29–7.07. Peers: Ringkjøbing Landbobank 3.58, AL Sydbank 1.72, Jyske Bank 1.32.
Cash left after investments, divided by the number of shares.
2022–2025: 25.13 SEK–199.12 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 1.8%–2.1%.
The dividend explained
A dividend is money paid to shareholders. Avanza Bank paid 12.75 SEK per share in the twelve months through November 6, 2026.
On the ex-dividend day, April 29, 2026, Avanza Bank traded without the right to the 12.75 SEK dividend. The price went from 353.40 SEK to 335.70 SEK; including the dividend, the day's change was −1.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 2.10 SEK2018: 2.10 SEK2019: 2.10 SEK2020: 2.30 SEK2021: 6.75 SEK2022: 9.20 SEK2023: 7.50 SEK2024: 11.50 SEK2025: 11.75 SEK2026 so far: 12.75 SEK
What to watch next, and why
The earnings report shows how Avanza Bank's revenue and profit have changed.
- Earnings report
The earnings report shows how Avanza Bank's revenue and profit have changed.
Add to calendar
More about Avanza Bank
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Teresa Schechter, senior executiveBuyabout 70 thousand SEK
- Maria Christina Wärn, senior executiveSellabout 164 thousand SEK
- Jesper Bonnivier, senior executiveSellabout 787 thousand SEK
- Åsa Mindus Söderlund, senior executiveSellabout 500 thousand SEK
- Teresa Schechter, senior executiveSellabout 1.0 m SEK
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Avanza Bank usually moved about 2.8%. On a normal day it moves 0.9%.
−2.82% Why? +4.04% −3.26% +1.27%
10,000 SEK in Avanza Bank bought on November 7, 2016 is worth 77,000 SEK today, with dividends reinvested.
What would 10,000 SEK in Avanza Bank be worth today? →
What would 10,000 SEK in Avanza Bank be worth today?
77,000 SEK
with dividends reinvested, bought on November 7, 2016.
The five biggest days of the journey
· +15.9% · the whole market rose 0.3% the same day · report day
· +14.6% · the whole market rose 0.1% the same day · report day
· +13.6% · the whole market fell 1.6% the same day
· −13.6% · the whole market fell 10.6% the same day
· −13.4% · the whole market fell 1.4% the same day
Earlier days
+4.36% market −0.11% Avanza Bank rose sharply over the week, while the Stockholm market was roughly flat. Read →
Avanza Bank rose sharply over the week, while the Stockholm market was roughly flat.
The move was big for this stock, about twice a normal five-day stretch.
Company news on 4 November showed October customer growth of 14,100 to 2,405,200, which likely supported sentiment.
Next, the company reports results on 22 January 2027.
+0.05% market −0.32% Avanza Bank was roughly unchanged without company news. Read →
Avanza Bank was roughly unchanged without company news.
Over the last five trading days, Avanza Bank rose clearly, moving more than the market.
The market fell slightly over the same days, so Avanza Bank outperformed it.
The move was an ordinary size for Avanza Bank, with trading volume around its usual level.
+2.29% market +0.83% Avanza Bank rose after reporting record customer growth for October. Read →
Avanza Bank rose after reporting record customer growth for October.
In the last five trading days it rose clearly, more than the broader market, which rose slightly.
The rise is most likely driven by these strong customer and inflow figures, which signal healthy growth for the platform.
The move was big for Avanza Bank: roughly twice a normal five-day stretch, and rare in the past year.
−0.42% market +0.48% Avanza Bank fell slightly, against a rising market. Read →
Avanza Bank fell slightly, against a rising market.
No company news explains it.
Over the last five trading days the stock was roughly unchanged while OMX Stockholm 30 rose clearly, so Avanza Bank lagged the market.
The move was an ordinary one for the stock.
Next, the stock sits between its past-year high and low, and its next earnings report is Friday 22 January 2027.
+0.97% market +3.01% Avanza Bank rose slightly over the week, moving less than the broader market. Read →
Avanza Bank rose slightly over the week, moving less than the broader market.
The move was ordinary in size and trading was well below its usual level.
Avanza's strategist said investors were buying bank shares after falls linked to capital rules and paused buybacks at big banks.
Next, the company reports results on Friday 22 January 2027.
+0.37% market +0.41% Avanza Bank rose, in line with the market. Read →
Avanza Bank rose, in line with the market.
No company news explains the move.
Over the last five trading days it rose slightly, but the market rose sharply, so it lagged.
The move was an ordinary one for the stock.
Shares of Financial Services firms in the sector rose over the same days, and retail investors are still buying AI-themed and global funds, which suits a broker like Avanza.
+0.97% market +1.57% Avanza Bank rose clearly without a company-news explanation. Read →
Avanza Bank rose clearly without a company-news explanation.
Over the same session, OMX Stockholm 30 also rose clearly, so the stock moved less than the market.
Over the last five trading days the shares were roughly unchanged, while the market fell slightly.
The move was within the stock's usual daily range, so it was an ordinary day for Avanza Bank.
Its latest quarterly report, published two weeks ago, showed operating profit up 13 per cent, which is earlier background rather than a cause of this move.
−0.71% market +0.41% Avanza Bank fell slightly, with no company news explaining the move. Read →
Avanza Bank fell slightly, with no company news explaining the move.
Over the same day OMX Stockholm 30 rose slightly, so Avanza Bank moved against the market.
The stock fell sharply over the last five trading days, in line with the market.
Its latest quarterly report was published last week and showed operating profit up 13 per cent, so that news is older and is not the reason for the last session's move.
The next earnings report is due on 22 January 2027.
−4.38% market −3.67% Avanza Bank fell sharply over the last five trading days, a big move for the stock. Read →
Avanza Bank fell sharply over the last five trading days, a big move for the stock.
The market index OMX Stockholm 30 also fell sharply, so the stock moved in line with the broader market.
Avanza's third-quarter report, published before the week, showed operating profit up 13 per cent, which did not stop the decline.
Next, watch the fourth-quarter report due on 22 January 2027.
−2.19% market −2.51% Avanza Bank fell sharply, in line with the market. Read →
Avanza Bank fell sharply, in line with the market.
The stock fell sharply in the last session, moving in step with OMX Stockholm 30, the main Swedish index.
No company news explains that session's move, so the drop likely reflects broader market weakness.
Over the last five trading days the stock fell sharply, a very big move for it, and clearly more than the market.
The latest quarterly report, published last week, showed profit up 13 percent, roughly in line with expectations, which did not stop the decline.
−0.20% market −0.89% Avanza Bank was roughly unchanged, with no company news explaining it. Read →
Avanza Bank was roughly unchanged, with no company news explaining it.
Over the same day, the broader market fell clearly, so the stock held up better than the index.
The stock fell sharply over the last five trading days, a very big move, while the market fell only slightly.
The third-quarter report, published last week, showed operating profit rising 13 per cent, which was roughly in line with expectations.
Trading volume was well above normal, but the price itself barely moved.
−2.84% market −0.89% Avanza Bank fell sharply, with no company news explaining it. Read →
Avanza Bank fell sharply, with no company news explaining it.
The market was broadly flat over the last five trading days, so the drop was company-specific.
Over the five trading days the shares fell very sharply, a move about four times a normal week and rare in the past year.
Investors may have reacted to the third-quarter report published last week, which showed operating profit up 13 per cent, while the company's earnings were about in line with expectations.
The next earnings report is due on Friday 22 January 2027.
−2.82% market +1.25% Avanza Bank fell sharply on its Q3 report day, likely because earnings missed expectations. Read →
Avanza Bank fell sharply on its Q3 report day, likely because earnings missed expectations.
Avanza Bank fell sharply over the last five trading days while OMX Stockholm 30 rose slightly, so the stock moved against the market.
The drop came on the day the third-quarter interim report was published: operating income rose 12 per cent, but profit came in below what analysts had expected.
Report days for this stock usually bring bigger swings than normal, so the sharp fall fits that pattern.
Operating income means the company's total revenue from its core business before costs.
−4.17% market +1.19% Avanza Bank fell sharply over the last five trading days, while the OMX Stockholm 30 index rose slightly, so the stock moved clearly against the market. Read →
Avanza Bank fell sharply over the last five trading days, while the OMX Stockholm 30 index rose slightly, so the stock moved clearly against the market.
The main driver was its Q3 2026 interim report, published on the latest report day, which showed profit and income growth but missed analysts' expectations, and the shares fell sharply that day, roughly in line with how much this company usually moves on report days.
Analysts likely reacted to the earnings miss rather than to the operating figures themselves, and the stronger market backdrop did little to offset it.
Next to watch is the company's earnings call, where management discusses the results in more detail.
Learn more · Why do stocks go up and down?