SEB profits beat expectations
James Savage - [email protected]
Published: 19 Jul, 2007 CET.
Updated: Thu 19 Jul 2007 14:46 CET
SEB, one of the largest banks in the Nordic region, has announced operating profits of 4.554 billion kronor (around $685 million) for the second quarter, up from 3.906 billion in the same period last year.
A Reuters survey showed analysts on average expecting a profit of 4.107 billion kronor.
The company's total turnover was 10.719 billion kronor, compared with 9.691 billion in the same period in 2006. Costs were 5.884 billion kronor, up from 5.637 billion.
Comments
See Also
A Reuters survey showed analysts on average expecting a profit of 4.107 billion kronor.
The company's total turnover was 10.719 billion kronor, compared with 9.691 billion in the same period in 2006. Costs were 5.884 billion kronor, up from 5.637 billion.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.