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Swedbank - About the company

Swedbank is a public company based in Stockholm (Sweden), founded in 1820 by Ron Andersson. It operates as a Commercial bank. Swedbank has raised an undisclosed amount in funding. The company has 53 active competitors, including 15 that have exited. Its top competitors include companies like Bank of America, Nordea and Scotiabank.

Company Details

Swedbank is a commercial bank. It provides services like retail banking, private banking, asset management, loans, mortgages, investments, payment services, pension, insurance to individuals & corporates. In 2022, the company recorded annual revenues of $8.78B and a net profit of $2.39B.
Social
X
Phone Number
+46 **********
Key Metrics
Founded Year
1820
Location
Stockholm, Sweden
Stage
Public
Ranked
Employee Count
15,413 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Swedbank's IPO details

Swedbank got listed on Jun 09, 1995.
Click here to take a look at Swedbank's IPO in detail
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Swedbank's funding and investors

Swedbank has raised funding over 2 rounds. Its first funding round was on Jan 01, 2018. Its latest funding round was a Grant (prize money) round on Jun 01, 2021 for $*****. 1 investor participated in its latest round. Swedbank has 3 institutional investors.

Here is the list of recent funding rounds of Swedbank:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 01, 2021
8731011
Grant (prize money)
9060970
3459017
3131161
6859075
Jan 01, 2018
7603787
Grant (prize money)
7373678
7438069
9944569
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Swedbank's founders and board of directors

Founder? Claim Profile
The founders of Swedbank is Ron Andersson. Birgitte Bonnesen is the CEO of Swedbank.
Here are the details of Swedbank's key team members:

Swedbank's employee count trend

Swedbank has 15,413 employees as of May 26. Here is Swedbank's employee count trend over the years:
Employee count trend for Swedbank
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Swedbank's Competitors and alternates

Top competitors of Swedbank include Bank of America, Nordea and Scotiabank. Here is the list of Top 10 competitors of Swedbank, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bank of America
Bank of America
1998, Charlotte (United States), Public
Commercial bank and asset management firm
-
76/100
2nd
Logo for Nordea
Nordea
1820, Helsinki (Finland), Public
Commercial bank
-
71/100
3rd
Logo for Scotiabank
Scotiabank
1832, Toronto (Canada), Public
Commercial bank
-
70/100
4th
Logo for Swedbank
Swedbank
1820, Stockholm (Sweden), Public
Commercial bank
-
70/100
5th
Logo for Handelsbanken
Handelsbanken
1871, Stockholm (Sweden), Public
Commercial bank
-
69/100
6th
Logo for Lansforsakringar
Lansforsakringar
1801, Stockholm (Sweden), Unfunded
Commercial Bank
-
-
63/100
7th
Logo for SEB
SEB
1856, Stockholm (Sweden), Public
Commercial bank
-
58/100
8th
Logo for Skandinaviska Enskilda Banken
Skandinaviska Enskilda Banken
1972, Stockholm (Sweden), Public
Commercial bank
-
57/100
9th
Logo for TF Bank
TF Bank
1987, Boras (Sweden), Public
Commercial bank
-
-
54/100
10th
Logo for SBAB
SBAB
1985, Solna (Sweden), Unfunded
App-based savings platform
-
-
51/100
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Swedbank's Investments and acquisitions

Swedbank has made 27 investments in companies including Voi and European Energy. Swedbank has also acquired 4 companies including EnterCard and Stabelo.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 30, 2026
Investments
2018
Stockholm (Sweden)
Dec 01, 2025
Acquisition
1999
Stockholm (Sweden)
Jul 02, 2025
Acquisition
2016
Stockholm (Sweden)
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See all investments and acquisitions by Swedbank

Reports related to Swedbank

Here is the latest report on Swedbank's sector:

News related to Swedbank

lockFilter this list
Media has covered Swedbank for a total of 108 events in the last 1 year, 80 of them have been about company updates and 3 about people movement.
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Adobe Inc. $ADBE Shares Sold by SouthState Bank Corpbaseballnewssource.com•Jul 15, 2026•South State Bank, Adobe, Swedbank, Stock Yards Bank & Trust and 2 others
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Swedbank AB Sells 3,701 Shares of Snap-On Incorporated $SNAbaseballnewssource.com•Jul 10, 2026•Swedbank
•
Swedbank AB Purchases 3,821 Shares of Datadog, Inc. $DDOGThemarketsdaily•Jul 10, 2026•Datadog, Swedbank
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FAQs about Swedbank

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