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

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) posted its quarterly earnings results 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 Skandinaviska Enskilda Banken AB (publ) stock remained flat at $13.76 during trading on Wednesday. 63 shares of the stock were exchanged, compared to its average volume of 200. 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 firm’s 50 day moving average price is $13.81 and its 200-day moving average price is $14.58. Skandinaviska Enskilda Banken AB has a 52 week low of $13.26 and a 52 week high of $15.55. The firm has a market capitalization of $28.03 billion, a price-to-earnings ratio of 8.19 and a beta of 0.76.

Analyst Upgrades and Downgrades

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