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

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) announced its quarterly earnings results on Wednesday. The financial services provider reported $0.34 EPS for the quarter, Zacks reports. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 16.84% and a net margin of 19.50%.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

Shares of SVKEF opened at $13.76 on Wednesday. The stock has a 50-day moving average of $13.81 and a two-hundred day moving average of $14.58. The company has a debt-to-equity ratio of 4.29, a quick ratio of 1.44 and a current ratio of 1.44. The stock has a market cap of $28.03 billion, a P/E ratio of 8.19 and a beta of 0.76. Skandinaviska Enskilda Banken AB has a one year low of $13.26 and a one year high of $15.55.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas raised shares of Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a research report on Tuesday, October 1st.

About Skandinaviska Enskilda Banken AB (publ)

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.