Latest news with #SwedbankAB
Yahoo
6 hours ago
- Business
- Yahoo
New Strong Buy Stocks for June 9th
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The E.W. Scripps Company SSP: This media enterprise company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days. E.W. Scripps Company (The) price-consensus-chart | E.W. Scripps Company (The) Quote MYR Group Inc. MYRG: This electrical construction services company has seen the Zacks Consensus Estimate for its next year earnings increasing nearly 6% over the last 60 days. MYR Group, Inc. price-consensus-chart | MYR Group, Inc. Quote Swedbank AB (publ) SWDBY: This banking products and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days. Swedbank AB price-consensus-chart | Swedbank AB Quote Postal Realty Trust, Inc. PSTL: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days. Postal Realty Trust, Inc. price-consensus-chart | Postal Realty Trust, Inc. Quote Peakstone Realty Trust PKST: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 14.7% over the last 60 days. Peakstone Realty Trust price-consensus-chart | Peakstone Realty Trust Quote You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MYR Group, Inc. (MYRG) : Free Stock Analysis Report E.W. Scripps Company (The) (SSP) : Free Stock Analysis Report Swedbank AB (SWDBY) : Free Stock Analysis Report Postal Realty Trust, Inc. (PSTL) : Free Stock Analysis Report Peakstone Realty Trust (PKST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Bloomberg
06-05-2025
- Business
- Bloomberg
Swedbank Sees Riksbank Delivering Two More Rate Cuts This Year
Analysts at Swedbank AB now expect the Riksbank to cut its key interest rate twice by the end of the third quarter, to 1.75%, saying that lower inflation would allow policymakers to bolster the still-sluggish economy. The forecast, published in the lender's new Economic Outlook on Tuesday, compares with its previous projection of one additional quarter-point cut in August from the current 2.25%. The consensus of analysts surveyed by Bloomberg last month was also for just 25 basis points of easing next quarter to a terminal level of 2%.
Bloomberg
29-04-2025
- Business
- Bloomberg
Swedbank's Lending Profit Beats Estimates on Lower Funding Costs
Swedbank AB 's first-quarter profit from lending slightly exceeded estimates, helped by lower deposit rates and funding costs. Net interest income for the three months through March fell 9% from a year ago to 11.5 billion kronor ($1.2 billion), the Stockholm-based lender said on Tuesday. Analysts tracked by Bloomberg had forecast that the metric, which captures the difference the bank earns from lending and pays for deposits, would come in at 11.4 billion kronor.
Bloomberg
07-02-2025
- Business
- Bloomberg
Swedish Krona Eyes More Gains as Nordic Rate Outlook Shifts
The Swedish krona's recent surge to a five-week high versus the Norwegian krone may be just the start of a rally, as the central banks of both countries look set to diverge on policy. The Riksbank is likely to keep interest rates steady until June, according to analysts from Swedbank AB and Danske Bank A/S, after data Thursday showed Sweden's core inflation accelerated more than expected last month. The Norges Bank, meanwhile, has signaled that its first easing move may come in March.
