Q1 EPS of SEK 4.58 vs ARCe/Cons 4.35/4.22. Q1 reported ROE 17.6%Beat primarily driven by trading income and lower loan lossesCET 1 ratio 19.0%, 430bps buffer. Will initiate new SEK 2.5bn buyback programmeReport overall solid, should see a positive reaction today

16 Jul 2024
Arctic FLASH: SEB - Strong quarter boosted by higher activity

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Arctic FLASH: SEB - Strong quarter boosted by higher activity
Skandinaviska Enskilda Banken (SEB-A:STO), 0 | Skandinaviska Enskilda Banken AB Class A (SEB.A:OME), 0
- Published:
16 Jul 2024 -
Author:
Roy Tilley | Martin Schei Nilsen -
Pages:
11 -
Q1 EPS of SEK 4.58 vs ARCe/Cons 4.35/4.22. Q1 reported ROE 17.6%Beat primarily driven by trading income and lower loan lossesCET 1 ratio 19.0%, 430bps buffer. Will initiate new SEK 2.5bn buyback programmeReport overall solid, should see a positive reaction today