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

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.34 earnings per share 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) Price Performance

Shares of OTCMKTS SVKEF opened at $13.76 on Wednesday. The company has a debt-to-equity ratio of 4.29, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market cap of $28.03 billion, a price-to-earnings ratio of 8.19 and a beta of 0.76. The stock’s 50-day moving average is $13.81 and its two-hundred day moving average is $14.58. Skandinaviska Enskilda Banken AB has a 1-year low of $13.26 and a 1-year high of $15.55.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded shares of Skandinaviska Enskilda Banken AB (publ) to a “hold” rating in a research note 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.