Skandinaviska (OTCMKTS:SVKEF) Releases Earnings Results, Meets Estimates

Posted by Max Byerly on Oct 24th, 2026

Skandinaviska (OTCMKTS:SVKEF – Get Free Report) issued its earnings results on Thursday. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.40, Zacks reports. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.94 billion. Skandinaviska had a return on equity of 15.43% and a net margin of 21.03%.

Skandinaviska Stock Performance

SVKEF opened at $23.25 on Friday. The stock’s 50 day simple moving average is $23.08 and its 200 day simple moving average is $21.12. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.42 and a quick ratio of 1.42. Skandinaviska has a 1-year low of $17.70 and a 1-year high of $23.67. The stock has a market cap of $47.36 billion, a P/E ratio of 12.57 and a beta of 0.62.

Wall Street Analyst Weigh In

Several research analysts have issued reports on SVKEF shares. Keefe, Bruyette & Woods upgraded Skandinaviska from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Citigroup restated a “neutral” rating on shares of Skandinaviska in a research report on Friday, October 9th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Skandinaviska in a research note on Monday, July 20th. Six equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

View Our Latest Stock Report on SVKEF

Skandinaviska Company Profile

(Get Free Report)

Skandinaviska Enskilda Banken AB, commonly known as SEB, is a Swedish financial services group serving corporate, institutional and private customers. The company provides banking and investment services, including lending, deposits, payments, cash management, trade finance, corporate finance, securities services, asset management and private banking.

SEB has a strong historical focus on supporting businesses and entrepreneurs. Its origins trace to Stockholms Enskilda Bank, founded in 1856, and Skandinaviska Banken; the two institutions merged in 1972 to form Skandinaviska Enskilda Banken.