Skandinaviska Enskilda Banken AB (publ) (SVKEF)

SVKEF Income Statement

Financials in millions SEK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	-	135,394	56,150	31,383	37,578	41,722
Interest Income on Investments	-	-	-	-	-	3
Total Interest Income	-	135,394	56,150	31,383	37,578	41,725
Interest Paid on Deposits	-	87,868	22,707	5,286	12,435	18,772
Net Interest Income	46,531	47,526	33,443	26,097	25,143	22,953
Net Interest Income Growth (YoY)	3.08%	42.11%	28.15%	3.79%	9.54%	8.81%
Income From Trading Activities	12,154	9,991	9,242	8,235	6,275	7,617
Gain (Loss) on Sale of Assets	-	-	-	-	-7	-2
Gain (Loss) on Sale of Investments	541	541	64	12	-33	173
Gain (Loss) on Sale of Equity Investments	277	277	-24	33	68	125
Other Non-Interest Income	22,536	21,860	21,752	21,261	18,265	19,267
Total Non-Interest Income	35,508	32,669	31,034	29,541	24,568	27,180
Non-Interest Income Growth (YoY)	5.32%	5.27%	5.05%	20.24%	-9.61%	9.64%
Revenues Before Loan Losses	82,039	80,195	64,477	55,638	49,711	50,133
Provision for Loan Losses	1,173	962	2,007	510	6,118	2,294
Revenue	80,866	79,233	62,470	55,128	43,593	47,839
Revenue Growth (YoY)	3.61%	26.83%	13.32%	26.46%	-8.88%	6.97%
Salaries and Employee Benefits	18,186	16,655	15,116	14,551	14,076	13,798
Occupancy Expenses	2,100	1,999	2,077	1,923	1,920	1,701
Selling, General & Administrative	1,936	1,936	1,739	1,064	982	1,653
Other Non-Interest Expense	11,061	10,537	8,216	6,405	5,464	5,619
Total Non-Interest Expense	33,283	31,127	27,148	23,943	22,442	22,771
EBT Excluding Unusual Items	47,583	48,106	35,322	31,185	21,151	25,068
Asset Writedown	-	-	-1,400	-8	14	39
Other Unusual Items	-	-	-	-	-1,000	-
Pretax Income	47,243	47,964	33,739	30,864	19,846	24,894
Income Tax Expense	10,496	9,848	6,862	5,441	4,100	4,717
Earnings From Continuing Operations	36,747	38,116	26,877	25,423	15,746	20,177
Net Income	36,747	38,116	26,877	25,423	15,746	20,177
Net Income to Common	36,747	38,116	26,877	25,423	15,746	20,177
Net Income Growth	-1.07%	41.82%	5.72%	61.46%	-21.96%	-12.78%
Basic Shares Outstanding	2,060	2,094	2,137	2,164	2,163	2,162
Diluted Shares Outstanding	2,081	2,110	2,153	2,179	2,177	2,175
Shares Change (YoY)	-1.89%	-2.00%	-1.19%	0.09%	0.09%	-0.09%
EPS (Basic)	17.84	18.20	12.58	11.75	7.28	9.33
EPS (Diluted)	17.66	18.06	12.48	11.67	7.23	9.28
EPS Growth	0.85%	44.71%	6.94%	61.41%	-22.09%	-12.70%
Dividend Per Share	8.500	8.500	6.750	10.100	4.100	-
Dividend Growth	25.93%	25.93%	-33.17%	146.34%	-	-
Effective Tax Rate	22.22%	20.53%	20.34%	17.63%	20.66%	18.95%

Source: S&P Capital IQ. Banks template. Financial Sources.