SEB’s results for the third quarter 2024
SEB’s operating profit for the third quarter 2024 amounted to SEK 11.8bn, with a return on equity of 17.0 per cent, a CET1 capital ratio of 19.4 per cent, and a capital buffer of 470 basis points. “Our diversified business model enabled a robust result in a falling interest rate environment, supported by strong net commission and net financial income. Net profit was stable compared with the previous quarter. It is also pleasing to see that we have a continuously strong capital position and overall robust asset quality,” says SEB’s President and CEO Johan Torgeby. SEB reiterates the