Earnings Alerts

Skandinaviska Enskilda Banken (SEBA) Earnings Surpass Expectations with Strong 4Q Performance

By January 29, 2025 No Comments
  • SEB’s net interest income was SEK 10.82 billion, surpassing the estimate of SEK 10.63 billion.
  • The bank reported a net income of SEK 7.49 billion, slightly below the expected SEK 7.61 billion.
  • Net fee and commission income stood at SEK 6.51 billion, just above the estimated SEK 6.47 billion.
  • SEB reported net financial income of SEK 2.35 billion.
  • Total operating income reached SEK 19.99 billion, exceeding the estimate of SEK 19.67 billion.
  • Operating profit was SEK 10.07 billion, outperforming the predicted SEK 9.5 billion.
  • Operating expenses totaled SEK 8.69 billion, higher than the estimate of SEK 8.57 billion.
  • Earnings per share (EPS) came in at SEK 3.65, slightly below the projected SEK 3.77.
  • The common equity Tier 1 ratio was 17.6%, marginally under the estimated 18%.
  • The gross stage 3 ratio was 0.47%, better than both estimated figures of 0.6%.
  • Analyst ratings included 5 buys, 13 holds, and 6 sells.

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) is a North European financial banking group with a promising long-term outlook based on Smartkarma Smart Scores. With a strong focus on value, growth, and momentum, SEB is positioned positively in the market. The bank’s high scores in dividend and growth indicate its commitment to providing returns to shareholders and steady expansion over time. However, SEB’s lower resilience score suggests potential vulnerability to market fluctuations, which investors should consider.

In summary, Skandinaviska Enskilda Banken AB (SEB) is a well-established financial institution offering a range of banking services across North Europe and beyond. With a solid foundation in value, dividend, growth, and momentum factors, SEB presents an optimistic long-term outlook for investors. However, the lower resilience score highlights the importance of monitoring market conditions and risks associated with the bank’s operations.


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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