Skandinaviska Enskilda Banken AB Class A

SEB A: XSTO (SWE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SEK 728.00	Qcv	Vppkchvb

Skandinaviska Enskilda Banken Earnings: Good Close to a Strong Year

Niklas Kammer

Jan 29, 2024

Skandinaviska Enskilda Banken reported fourth-quarter 2023 operating profit of SEK 11.3 billion, down 13% on a sequential basis. Nevertheless, the performance was decent and rounded out a good year for SEB. We maintain our SEK 152 per-share fair value estimate and no moat rating.

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