SEB-ANasdaq StockholmFinancialsIFRS · SEK

SEB

SEB is a financial services group based in Stockholm, Sweden, providing a wide range of banking and financial services to corporate, institutional, and private clients. The company operates through various divisions, including Corporate & Investment Banking, Business & Retail Banking, and Wealth & Asset Management, with a strong presence in the Nordic and Baltic regions.

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Revenue9,746m SEK
+7.1 %y/y
Operating profit (EBIT)239m SEK
+53.2 %y/y
EBIT margin2.5%
+0.7 ppy/y
Net income501m SEK
+456.7 %y/y
Free cash flow6.0m SEK
−25.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-2.50.02.55.07.510.012.5bn SEK2020: 7.1 bn SEK2020: EBIT 0.25 bn SEK20202021: 9.2 bn SEK2021: EBIT 0.46 bn SEK20212022: 11.2 bn SEK2022: EBIT 0.66 bn SEK20222023: 9.6 bn SEK2023: EBIT -0.09 bn SEK20232024: 9.1 bn SEK2024: EBIT 0.16 bn SEK20242025: 9.7 bn SEK2025: EBIT 0.24 bn SEK20259.70.24
RevenueOperating profit (EBIT)

Business

Share of revenue
Corporate & Investment Banking40 %

Services for large corporations and financial institutions.

Business & Retail Banking30 %

Banking services for individual and small business clients.

Wealth & Asset Management20 %

Investment and wealth management services for private clients.

Baltic Operations10 %

Banking services in the Baltic region.

Customers

SEB serves a diverse clientele, including large corporations, financial institutions, small and medium-sized enterprises (SMEs), and private individuals. The bank focuses on building long-term relationships by understanding customer needs and providing tailored financial solutions. Its extensive service offerings cater to various sectors, enhancing customer loyalty and satisfaction.

Large Corporates & Financial Institutions

Corporate banking and investment services tailored for large entities.

Business & Retail Customers

Retail banking products and services for individual and SME clients.

Wealth Management Clients

High-net-worth individuals seeking personalized investment solutions.

Strategy

SEB's strategic priorities focus on future-proofing its business by enhancing customer relationships, investing in technology, and promoting sustainable practices. The bank aims to strengthen its market position through innovation and efficiency improvements while adapting to evolving customer needs and market conditions. This strategy is critical for maintaining competitive advantage and delivering long-term value.

Customer Relationship EnhancementMedium term

To build loyalty and trust with clients.

Technology InvestmentLong term

To improve efficiency and service delivery.

Sustainability FocusLong term

To align with global sustainability trends.

Geography

2025

SEB has a significant presence in the Nordic and Baltic regions, with operations extending to over 20 countries. The bank's revenue is primarily generated from Sweden, with substantial contributions from other Nordic countries and the Baltic states. This geographic diversification allows SEB to mitigate risks associated with economic fluctuations in any single market.

Africa54 %
United States46 %
Other countries (US filing)0.4 %

Share of the revenue the company reports by geography.

Risks

SEB faces various risks, including credit risk from lending activities, market risk from fluctuations in interest rates and currencies, and operational risks related to cybersecurity and fraud. Additionally, geopolitical tensions and economic uncertainties can impact the bank's performance and client relationships. The integration of sustainability-related risks into its risk management framework is also essential for long-term stability.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Market Risk1Credit Risk2Operational Risk3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Market RiskImpact: HighLikelihood: High

    Fluctuations in interest rates can impact financial performance.

  2. Credit RiskImpact: HighLikelihood: Medium

    Potential defaults on loans can affect profitability.

  3. Operational RiskImpact: MediumLikelihood: High

    Cybersecurity threats can disrupt operations.

Accounting

Judgemental items
Revenue Recognition

Timing affects reported income and profitability.

Fair Value Measurements

Impacts asset valuations and financial position.

Expected Credit Losses

Influences capital adequacy and risk assessments.

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Last updated: 24/09/2026