From Nasdaq: 2025-04-29 02:15:00

SEB reported a 18% decrease in first quarter net profit to 7.82 billion Swedish kronor, with basic earnings per share at 3.89 kroner. Total operating profit dropped 19% to 9.95 billion kronor. The company cited market turbulence from new trade tariffs at the start of the second quarter. CEO Johan Torgeby highlighted SEB’s strong capitalization and liquidity, positioning the bank well against unforeseen events to support customers and the economy. For more earnings updates and stock information, visit rttnews.com.



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