Financials TF Bank AB

Equities

TFBANK

SE0025666969

Banks

Market Closed - Nasdaq Stockholm Other stock markets 17:00:00 06/02/2026 GMT			5-day change	1st Jan Change
163.16 ^SEK	-0.22%		-8.28%	-0.35%

02-06	TF Bank CEO Joakim Jansson Increases His Shareholding	FW
01-23	Affärsvärlden Issues Buy Recommendation for TF Bank	FW

Projected Income Statement: TF Bank AB

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,055	1,413	1,998	2,439	2,905	3,603	4,339	5,127
Change	-	33.88%	41.43%	22.04%	19.11%	24.05%	20.43%	18.16%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	613.1	801.6	1,166	1,505	1,852	2,339	2,851	3,400
Change	-	30.74%	45.52%	28.98%	23.07%	26.32%	21.89%	19.26%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	352.6	434	509.6	788	853.6	1,106	1,384	1,701
Change	-	23.1%	17.42%	54.63%	8.32%	29.58%	25.14%	22.9%
Net income ¹	269.9	326.4	376.9	603.2	641.2	853	1,049	1,282
Change	-	20.96%	15.44%	60.07%	6.3%	33.03%	22.98%	22.21%
Announcement Date	25/01/22	20/01/23	19/01/24	20/01/25	20/01/26	-	-	-

¹SEK in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	238.4	250.3	270.5	296	318.8	338.1	359	396.9	444.5	479.5	529.2	545.4	561	595.3	625.2	657	668.5	690.1	747.6	798.3	826	877	927	972	1,002
Change	-	5%	8.04%	9.45%	7.7%	6.04%	6.19%	10.54%	12%	7.89%	10.36%	3.06%	2.86%	6.11%	5.02%	5.08%	1.75%	3.23%	8.33%	6.79%	3.47%	6.17%	5.7%	4.85%	3.09%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	140.8	144.1	159.4	168.8	180.8	188.2	202.8	229.9	258	280.8	303.6	324.8	336.4	360	395.9	412.2	419.5	430.2	483.2	518.8	531	569	606	633	651
Change	-	2.35%	10.56%	5.95%	7.07%	4.1%	7.75%	13.36%	12.24%	8.83%	8.11%	7.01%	3.54%	7.04%	9.97%	4.12%	1.75%	2.56%	12.31%	7.37%	2.36%	7.16%	6.5%	4.46%	2.84%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	78.64	83.63	91.55	98.73	102.8	106.7	110.4	114.2	117.6	123	131.2	138.6	147.9	157.7	191.3	291	185.6	195.1	230.9	242	245	266	294	301	309
Change	-	6.34%	9.47%	7.85%	4.13%	3.77%	3.43%	3.44%	3%	4.59%	6.66%	5.71%	6.69%	6.61%	21.3%	52.14%	-36.23%	5.11%	18.33%	4.83%	1.24%	8.57%	10.53%	2.38%	2.66%
Net income ¹	61.16	62.52	70.54	75.66	77.66	80.55	83.06	85.18	87.44	91.5	98.58	100.2	108.4	116.8	140.5	237.6	139	144.9	174.5	182.8	204	200	221	228	234
Change	-	2.23%	12.82%	7.26%	2.65%	3.72%	3.12%	2.55%	2.66%	4.65%	7.73%	1.61%	8.18%	7.77%	20.29%	69.17%	-41.48%	4.18%	20.44%	4.79%	11.58%	-1.96%	10.5%	3.17%	2.63%
Announcement Date	19/04/21	13/07/21	18/10/21	25/01/22	19/04/22	12/07/22	17/10/22	20/01/23	17/04/23	13/07/23	18/10/23	19/01/24	16/04/24	12/07/24	15/10/24	20/01/25	14/04/25	11/07/25	14/10/25	20/01/26	-	-	-	-	-

¹SEK in Million

Estimates

Forecast Balance Sheet: TF Bank AB

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	25/01/22	20/01/23	19/01/24	20/01/25	20/01/26	-	-	-

Estimates

Cash Flow Forecast: TF Bank AB

Fiscal Period: December	2020	2021	2022	2023	2024	2025
CAPEX ¹	1.808	1.452	2.818	54.11	31	7.281
Change	-	-19.69%	94.08%	1,820.26%	-42.71%	-76.51%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	19/03/21	01/03/22	17/03/23	15/03/24	21/03/25	22/01/26

¹SEK in Million

Estimates

Forecast Financial Ratios: TF Bank AB

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	58.1%	56.74%	58.38%	61.7%	63.75%	64.92%	65.71%	66.32%
EBT Margin (%)	-	33.41%	30.72%	25.5%	32.31%	29.39%	30.7%	31.9%	33.18%
Net margin (%)	-	25.57%	23.11%	18.86%	24.74%	22.08%	23.67%	24.18%	25%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	2.29%	2.06%	1.79%	2.58%	2.37%	2.7%	2.8%	3%
ROE	-	24.4%	20.63%	19.42%	27.2%	23.1%	25.8%	27.3%	28.8%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.3333	-	-	1.667	5	7.92	9.73	11.9
Change	-	-	-	-	-	200%	58.4%	22.85%	22.3%
Book Value Per Share ¹	-	19.08	26.9	33.27	39.11	152.6	55.2	63.6	74
Change	-	-	40.96%	23.7%	17.55%	290.11%	-63.82%	15.22%	16.35%
EPS ¹	-	4.183	5.06	5.843	9.353	9.92	13.19	16.22	19.83
Change	-	-	20.96%	15.48%	60.07%	6.06%	32.96%	22.97%	22.26%
Nbr of stocks (in thousands)	-	64,500	64,500	64,500	64,500	64,650	64,650	64,650	64,650
Announcement Date	-	25/01/22	20/01/23	19/01/24	20/01/25	20/01/26	-	-	-