profit from every SEK 100 of sales.
SEK 0SEK 100
Skandinaviska Enskilda Banken
SEK 230.00+0.22% today
+21.1% in 1 year
1-year low SEK 173.801-year high SEK 238.00
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay SEK 14.39 for every SEK 1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Skandinaviska Enskilda Banken sold, what it kept, and what it did with the cash.
Sales went from SEK 64.5 billion in 2022 to SEK 77.1 billion in 2025, with SEK 31.1 billion of profit last year.
SalesProfit
Skandinaviska Enskilda Banken handed back more cash to shareholders than it generated last year.
Buybacks SEK 10.4BSEK 23.0B
Free cash flow 2025SEK 33.4B
Bought back its own sharesSEK 10.4B
Paid as dividendsSEK 23.0B
Cash vs. debtSEK 299.9B vs. SEK 890.5B
Skandinaviska Enskilda Banken vs. similar companies
Skandinaviska Enskilda Banken grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| Skandinaviska Enskilda Banken | 14.4× · Cheap | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.2× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Skandinaviska Enskilda Banken's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 64,466 | 79,960 | 81,611 | 77,063 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 26,877 | 38,116 | 35,865 | 31,063 | |
| 12.48 | 18.06 | 17.33 | 15.43 | |
| – | – | – | – | |
| – | – | – | – | |
| 41.7% | 47.7% | 43.9% | 40.3% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,532,779 | 3,608,218 | 3,758,358 | 3,670,681 |
| Cash | 449,269 | 409,073 | 275,619 | 299,859 |
| Total debt | 830,984 | 904,977 | 953,911 | 890,456 |
| Total liabilities | 3,328,638 | 3,386,443 | 3,527,210 | 3,440,418 |
| 204,141 | 221,775 | 231,148 | 230,263 | |
| 2,153 | 2,110 | 2,070 | 2,014 | |
| – | – | – | – | |
| 13.2% | 17.2% | 15.5% | 13.5% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -70,166 | -38,387 | -34,433 | 34,721 | |
| 1,026 | 1,038 | 1,189 | 1,352 | |
| -71,192 | -39,425 | -35,622 | 33,369 | |
| Dividends paid | 12,884 | 14,195 | 23,709 | 23,039 |
| 4,722 | 5,245 | 8,340 | 10,373 | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 14.4×
- –
- 1.96
- 1.9×
- 5.8×
- 6.9%
- 5.2%
Profitability
- 40.3%
- –
- –
- –
- –
Growth
- +6.1%
- +7.3%
- –
- −2.2%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 46%of 900
Bottom 44%of 908
Top 38%of 941
5.2%of the share price, paid each year
On $1,000 invested$52a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
74.2% of its profit
Room to growStretchedMore than it earns: 69.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Skandinaviska Enskilda Banken
Is Skandinaviska Enskilda Banken a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Skandinaviska Enskilda Banken AI analysis
What does Skandinaviska Enskilda Banken do?
Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. It operates through Corporate & Investment Banking, Business & Retail Banking, Wealth & Asset Management, and Baltic segments. It is in Banks - Regional, based in Stockholm, Sweden, with 18,400 employees.
Does Skandinaviska Enskilda Banken pay a dividend?
Yes. At today's price the dividend is 5.2% a year, about 74% of its yearly profit. In 2025 it paid out SEK 23.0 billion in dividends.
Is Skandinaviska Enskilda Banken stock halal?
No. Skandinaviska Enskilda Banken does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Skandinaviska Enskilda Banken stock done over the past year?
Up 21.1% over the past twelve months, to SEK 230.00. It traded between SEK 173.80 and SEK 238.00 and is 3.4% below its high.
Who are Skandinaviska Enskilda Banken's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Skandinaviska Enskilda Banken's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.