Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Issues Earnings Results

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) announced its quarterly earnings data on Thursday. The financial services provider reported $0.44 earnings per share for the quarter, reports. The firm had revenue of $2.01 billion during the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 17.49% and a net margin of 20.24%.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

OTCMKTS:SVKEF opened at $14.27 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 4.50. Skandinaviska Enskilda Banken AB has a 1-year low of $11.10 and a 1-year high of $15.55. The firm has a market capitalization of $30.82 billion, a price-to-earnings ratio of 8.25 and a beta of 0.76. The business’s 50-day moving average price is $15.14 and its two-hundred day moving average price is $14.68.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SVKEF. The Goldman Sachs Group raised shares of Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a research note on Friday, September 27th. BNP Paribas upgraded shares of Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a research report on Tuesday, October 1st.

Skandinaviska Enskilda Banken AB (publ) Company Profile

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.