Skandinaviska Enskilda Banken AB Class C (DE:SEBC)
FRANKFURT:SEBC
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.34Last Year’s EPS
0.35Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q4 2025
Earnings Call Date:Jan 29, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented a mix of positive strategic and operational progress (S&P upgrade to weak AA, top customer satisfaction rankings, improved employee engagement, fee growth, cost discipline and AirPlus consolidation yielding an EPS-accretive outlook) alongside persistent revenue headwinds (lower NII, seasonally weak NFI), a meaningful goodwill write-down, and sluggish lending growth with some market share pressure in Sweden. Management emphasized cost control, targeted investments in AI and digital assets, and proactive capital distribution to stay within CET1 buffer targets. On balance, strengths in fees, capital management and non-interest revenues along with clear plans to invest for future growth outweigh the near-term challenges highlighted.Company Guidance
S&P Rating Upgrade to Weak AA
SEB received an S&P upgrade to a weak AA rating after more than 10 years in the making, strengthening the bank's credit quality positioning among global peers.
Strong Customer Satisfaction and Market Positions
Maintained #1 position for large corporates; Institutional Banking ranked #1 in Sweden, Finland and Norway, #3 in Denmark and #2 overall; #1 in syndicated loans; Private Banking improved from position 6 to 4; award for best Swedish equity fund.
Employee Engagement at All-Time High
Employee engagement reached a new all-time high, placing SEB in the top decile for employee satisfaction within the financial industry.
Fee and Commission Growth
Fees and commissions increased ~SEK 500 million quarter-on-quarter (+8% QoQ) and were up 5% year-on-year (8% in constant FX), with broad-based increases across divisions (corporate finance, equities, DCM, cards, WAM performance fees).
Cost Discipline and FY25 Cost Target Met
Reported full-year operating expenses of SEK 32.6 billion were in line with the FX-adjusted 2025 cost target (SEK 32.5 billion ± SEK 300 million); Q4 operating expenses were SEK 8.5 billion. Total FTEs declined during 2025 for the first time since 2018 and an external hiring pause remains in place.
AirPlus Consolidation and EPS Outlook
AirPlus consolidation contributed positively; implementation charges (~SEK 800 million FY25, with ~SEK 100 million acceleration) were recorded but AirPlus is now EPS accretive excluding restructuring and is on track to be EPS accretive including implementation costs in 2026.
Loan and Baltic Growth
FX-adjusted corporate lending increased 3% year-on-year and group lending increased 2% YoY. Baltic division showed broad-based volume growth (e.g., mortgage sales up 43% YoY in local FX) and was a standout contributor to lending growth.
Capital Distributions and Capital Buffer Management
Board proposed ordinary dividend SEK 8.50/share and special dividend SEK 2.50/share plus a SEK 1.25 billion share buyback program (Q1 2026). After distributions, SEB remains within its management buffer range: reported CET1 target approximations place SEB at ~300 bps above regulatory minimum (pro forma buffer ~250 bps after Baltic IRB phase-in adjustments).
Stable Asset Quality and Low Credit Losses
Net expected credit losses were just under SEK 400 million for Q4, corresponding to ~5 basis points; asset quality described as stable with only a handful of counterparties driving specific provisions.
Skandinaviska Enskilda Banken AB Class C (DE:SEBC) Earnings, Revenues Date & History
DE:SEBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:SEBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | €18.28 | €18.31 | +0.20% |
Oct 23, 2025 | €15.37 | €15.37 | 0.00% |
Jul 16, 2025 | €13.96 | €14.19 | +1.61% |
Apr 29, 2025 | €13.47 | €13.55 | +0.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Skandinaviska Enskilda Banken AB Class C (DE:SEBC) report earnings?
Skandinaviska Enskilda Banken AB Class C (DE:SEBC) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Skandinaviska Enskilda Banken AB Class C (DE:SEBC) earnings time?
Skandinaviska Enskilda Banken AB Class C (DE:SEBC) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What is the P/E ratio of Skandinaviska Enskilda Banken AB Class C stock?
The P/E ratio of Skandinaviska Enskilda Banken AB Class C is N/A.
What is DE:SEBC EPS forecast?
DE:SEBC EPS forecast for the fiscal quarter 2026 (Q1) is 0.34.