Avanza Bank Holding AB/Skr AZA

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About Avanza Bank Holding AB

Avanza Bank Holding AB is a financial services company based in Sweden, primarily focused on providing online banking services. It offers a range of financial products, including savings accounts, mortgages, insurance, and investment opportunities in securities and mutual funds. Founded in 1999, Avanza has positioned itself as one of the larger online platforms for personal finance management by leveraging digital capabilities to offer low-cost, user-friendly services for retail investors. The company's headquarters is located in Stockholm, Sweden, and it primarily serves the Swedish market. Its strategic approach focuses on technology-driven solutions to enhance customer experience in personal and investment banking.
Ticker
Skr AZA
Sector
Finance
Primary listing
XSTO
Employees
764
Headquarters
Stockholm, Sweden

AZA Metrics

BasicAdvanced
kr 62B
21.89
kr 17.91
0.65
kr 12.75
3.25%

Bulls say / Bears say

Avanza delivered Q2 2026 operating income of SEK 1 334 million (+26% YoY) and profit of SEK 795 million (+33% YoY), driven by higher net currency, interest, brokerage, and fund commission income (Avanza IR)
Avanza launched Avanza Sweden, a passively managed broad index fund covering over 200 companies and 99% of the Stockholm Stock Exchange’s market value, diversifying its product offering and bolstering fee-based assets under management (Avanza IR)
Avanza’s long-term credit ratings—A+ from S&P (Mar 19, 2026), A+ from Fitch (Jul 8, 2026), and A2 from Moody’s (Apr 21, 2026)—all with stable outlooks, reflect a robust capital and liquidity profile (CNMV)
Operating expenses rose 15% YoY to SEK 406 million in Q2 2026, including a SEK 3 million charge for international expansion, which may pressure margins as expansion spending increases (Avanza IR)
The share of deposits in interest-bearing accounts increased to 60% in Q2 2026 (from 57% in Q1), raising Avanza’s average funding cost and potentially squeezing net interest margins (Avanza IR)
The Swedish FSA’s SREP for Avanza mandates a 5.02% Pillar 2 capital requirement (4.19% market risk, 0.83% credit concentration), which could constrain capital returns and strategic flexibility (FinancialFilings)
Data summarised monthly by Lightyear AI. Last updated on 3 Sept 2026.

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Market data provided by CBOE Europe and Deutsche Börse.