Skandinaviska Enskilda Banken AB Class A

SEB A: XSTO (SWE)
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SEB Earnings: Seasonally Lower Activity Weighs on Results; Shares Fairly Valued

SEB reported return on equity of 14% for the third quarter. Net fee and commission income, down 6% sequentially, and net financial income, down 23%, more than offset marginally better net interest income, up 1%.

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