SEB Group Q3 Profit Rises - Quick Facts

(RTTNews) - SEB Group (0MGS.L, SEBYF.OB) reported that its third-quarter profit to shareholders increased to 10.6 billion Swedish kronor from 7.3 billion kronor, prior year. Earnings per share was 5.03 kronor compared to 3.40 kronor.

Third quarter net interest income increased to 12.2 billion Swedish kronor from 8.9 billion kronor, previous year. Total operating income was 21.0 billion kronor compared to 16.5 billion kronor.

The Board of Directors resolved to utilise the authorisation granted by the 2023 Annual General Meeting to initiate a new quarterly share buyback programme of 1.25 billion kronor.

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