Skandinaviska Enskilda Banken AB Class A

SEB A: XSTO (SWE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SEK 232.00	Vrbg	Swsydmpz

SEB Reports Good Q1 Results

Niklas Kammer

Apr 29, 2022

Skandinaviska Enskilda Banken reported first-quarter operating profit of SEK 7,857 million, up 4% on a sequential basis. Growth in operating income and lower operating expenses more than offset higher net expected credit losses in the quarter. We maintain our SEK 123 fair value estimate and no-moat rating.

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