SEB’s first quarter 2023 results
SEB’s operating profit for the first quarter 2023 amounted to SEK 11.6bn, with a return on equity of 17.9 per cent, a CET1 capital ratio of 19.2 per cent, and a capital management buffer of 480 basis points.“SEB had a good start to the year. During the first quarter, customer sentiment, activity and our results were to a large degree affected by external factors such as higher interest rates and the increased volatility in financial markets,” says Johan Torgeby, SEB’s President and CEO.SEB’s large corporate customers remained cautious during the quarter, which was reflected in stable