Skandinaviska Enskilda Banken AB (LTS:0GUX)
kr 158.2 0 (0%) Market Cap: 315.52 Bil Enterprise Value: 658.66 Bil PE Ratio: 8.41 PB Ratio: 1.51 GF Score: 71/100
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Q1 2024 Skandinaviska Enskilda Banken AB Earnings Call Transcript

Apr 24, 2024 / 07:30AM GMT
Release Date Price: kr147.8 (-2.25%)
Operator

Good day, and thank you for standing by. Welcome to the SEB Financial Results Q1 2024 Webcast and Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Johan Torgeby, President and CEO. Please go ahead, sir.

Johan Torgeby;publ;President
Skandinaviska Enskilda Banken AB;CEO & Director

()- -

Thank you very much, and good morning to our Q1 2024 quarterly results. As normal, we will refer to the pages that we posted on our website.

Starting with the highlights of Q1, we've seen a clear shift in tonality, probably over the last 6 months around the macroeconomic outlook for Sweden. We have, of course, pointed to several times that we've had a pretty rough ride when it comes to the picture of Sweden, and that has clearly had a change in this quarter, and this was partly reflected in improved market sentiment amongst our clients.

Asset quality remained robust and net expected credit

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