Earnings Alerts

Skandinaviska Enskilda Banken (SEBA) Earnings Report: Tier 1 Ratio Meets Estimates Amidst Interest Rate Cuts

  • SEB’s Common Equity Tier 1 ratio for the quarter stands at 19%.
  • This matches the estimated ratio of 19%.
  • Interest rate cuts during the quarter led to a decrease in net interest income.
  • Despite this, SEB experienced improved momentum in other business areas.
  • Current analyst recommendations include:
    • 8 buy ratings
    • 9 hold ratings
    • 6 sell ratings

A look at Skandinaviska Enskilda Banken Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Skandinaviska Enskilda Banken AB (SEB) appears to have a positive long-term outlook based on its Smartkarma Smart Scores. The bank scores high in Dividend, Growth, Value, and Momentum, indicating strong performance in these areas. With a solid dividend score and positive growth prospects, SEB may be an attractive choice for investors looking for stable returns and potential capital appreciation.

However, the bank’s lower score in Resilience suggests that there may be some vulnerabilities in its ability to weather economic downturns. Despite this, SEB’s overall outlook seems promising, especially for investors seeking a balance of income generation and growth potential in the long run.

**Summary of SEB:**
Skandinaviska Enskilda Banken AB (SEB) is a North European financial banking group offering corporate, institutional, and private banking services. With a presence in multiple countries and a wide range of financial products and services, SEB caters to diverse client needs including savings accounts, investment banking, securities brokerage, loans, pensions, and insurance products.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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