SEB released its Q4 21 earnings this morning. Earnings showed substantial revenue growth and a considerable results improvement, both slightly above consensus. Total income growth was driven by the strong performance regarding fees and, more especially, in AM. NII was slightly higher while trading income faltered. The CET1 ratio declined due to RWA inflation but the buffer remained solid at 590bp above requirements.

27 Jan 2022
Healthy results despite profit-taking

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Healthy results despite profit-taking
Skandinaviska Enskilda Banken AB Class A (SEB.A:OME), 0 | Skandinaviska Enskilda Banken AB Class C (0GUX:LON), 0
- Published:
27 Jan 2022 -
Author:
Farhad Moshiri -
Pages:
3 -
SEB released its Q4 21 earnings this morning. Earnings showed substantial revenue growth and a considerable results improvement, both slightly above consensus. Total income growth was driven by the strong performance regarding fees and, more especially, in AM. NII was slightly higher while trading income faltered. The CET1 ratio declined due to RWA inflation but the buffer remained solid at 590bp above requirements.