The present disclosure provides a method of producing a saw blade (10), comprising providing a saw blade blank, comprising a circular blade base body (100) with radially extending teeth (101), said teeth being in an initial position, in a first bending step, bending at least some of the teeth (101), such that the teeth are plastically deformed, towards an axial direction (A) of the saw blade blank, to an intermediate axial position (N), and in a second, subsequent, bending step, bending said at least some of the teeth (101), such that the teeth are plastically deformed, towards an opposite axial direction (A) of the saw blade blank, such that the teeth arrive at a final axial setting position (N). In the method, the intermediate axial position (N) is axially beyond the final axial setting position (N).