Skandinaviska Enskilda Banken AB (publ) (SEB-A) - Net Assets
Based on the latest financial reports, Skandinaviska Enskilda Banken AB (publ) (SEB-A) has net assets worth Skr230.26 Billion SEK (≈ $24.78 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr3.67 Trillion ≈ $395.02 Billion USD) and total liabilities (Skr3.44 Trillion ≈ $370.24 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Skandinaviska Enskilda Banken AB (publ) tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr230.26 Billion |
| % of Total Assets | 6.27% |
| Annual Growth Rate | -5.15% |
| 5-Year Change | 19.17% |
| 10-Year Change | 63.33% |
| Growth Volatility | 21.58 |
Skandinaviska Enskilda Banken AB (publ) - Net Assets Trend (2002–2025)
This chart illustrates how Skandinaviska Enskilda Banken AB (publ)'s net assets have evolved over time, based on quarterly financial data. See SEB-A defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Skandinaviska Enskilda Banken AB (publ) (2002–2025)
The table below shows the annual net assets of Skandinaviska Enskilda Banken AB (publ) from 2002 to 2025. For live valuation and market cap data, see Skandinaviska Enskilda Banken AB (publ) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr230.26 Billion ≈ $24.78 Billion |
-0.38% |
| 2024-12-31 | Skr231.15 Billion ≈ $24.88 Billion |
+4.23% |
| 2023-12-31 | Skr221.78 Billion ≈ $23.87 Billion |
+8.44% |
| 2022-12-31 | Skr204.52 Billion ≈ $22.01 Billion |
+5.85% |
| 2021-12-31 | Skr193.23 Billion ≈ $20.79 Billion |
+12.38% |
| 2020-12-31 | Skr171.94 Billion ≈ $18.50 Billion |
+10.43% |
| 2019-12-31 | Skr155.70 Billion ≈ $16.76 Billion |
+4.64% |
| 2018-12-31 | Skr148.79 Billion ≈ $16.01 Billion |
+3.38% |
| 2017-12-31 | Skr143.93 Billion ≈ $15.49 Billion |
+2.09% |
| 2016-12-31 | Skr140.98 Billion ≈ $15.17 Billion |
-1.28% |
| 2015-12-31 | Skr142.80 Billion ≈ $15.37 Billion |
+6.11% |
| 2014-12-31 | Skr134.58 Billion ≈ $14.48 Billion |
+9.58% |
| 2013-12-31 | Skr122.81 Billion ≈ $13.22 Billion |
+12.15% |
| 2012-12-31 | Skr109.51 Billion ≈ $11.79 Billion |
+0.32% |
| 2011-12-31 | Skr109.16 Billion ≈ $11.75 Billion |
+9.66% |
| 2010-12-31 | Skr99.54 Billion ≈ $10.71 Billion |
-0.13% |
| 2009-12-31 | Skr99.67 Billion ≈ $10.73 Billion |
+19.04% |
| 2008-12-31 | Skr83.73 Billion ≈ $9.01 Billion |
+9.14% |
| 2007-12-31 | Skr76.72 Billion ≈ $8.26 Billion |
+14.05% |
| 2006-12-31 | Skr67.27 Billion ≈ $7.24 Billion |
+18.44% |
| 2005-12-31 | Skr56.80 Billion ≈ $6.11 Billion |
-93.94% |
| 2004-12-31 | Skr936.63 Billion ≈ $100.80 Billion |
+18.60% |
| 2003-12-31 | Skr789.77 Billion ≈ $84.99 Billion |
+1.73% |
| 2002-12-31 | Skr776.34 Billion ≈ $83.55 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Skandinaviska Enskilda Banken AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1564.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr180.18 Billion | 78.25% |
| Common Stock | Skr21.94 Billion | 9.53% |
| Other Comprehensive Income | Skr28.14 Billion | 12.22% |
| Total Equity | Skr230.26 Billion | 100.00% |
Skandinaviska Enskilda Banken AB (publ) Competitors by Market Cap
The table below lists competitors of Skandinaviska Enskilda Banken AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chaozhou Three-circle Group Co Ltd
SHE:300408
|
$37.83 Billion |
|
JD.com Inc.
F:013C
|
$37.85 Billion |
|
DEUTSCHE BOERSE ADR 1/10
F:63DA
|
$37.98 Billion |
|
RWE AG
XETRA:RWE
|
$38.05 Billion |
|
Siemens Healthineers AG
F:SHL
|
$37.65 Billion |
|
UTD OV. BK-LOC-ADR/1 SD 1
F:UOB0
|
$37.62 Billion |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
$37.59 Billion |
|
Ventas Inc
NYSE:VTR
|
$37.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skandinaviska Enskilda Banken AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 231,148,000,000 to 230,263,000,000, a change of -885,000,000 (-0.4%).
- Net income of 31,063,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,345,000,000.
- Other factors decreased equity by 33,293,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr31.06 Billion | +13.49% |
| Other Comprehensive Income | Skr1.34 Billion | +0.58% |
| Other Changes | Skr-33.29 Billion | -14.46% |
| Total Change | Skr- | -0.38% |
Book Value vs Market Value Analysis
This analysis compares Skandinaviska Enskilda Banken AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.39x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr33.58 | Skr180.95 | x |
| 2003-12-31 | Skr35.92 | Skr180.95 | x |
| 2004-12-31 | Skr38.46 | Skr180.95 | x |
| 2005-12-31 | Skr49.44 | Skr180.95 | x |
| 2006-12-31 | Skr58.56 | Skr180.95 | x |
| 2007-12-31 | Skr66.75 | Skr180.95 | x |
| 2008-12-31 | Skr86.21 | Skr180.95 | x |
| 2009-12-31 | Skr52.02 | Skr180.95 | x |
| 2010-12-31 | Skr45.08 | Skr180.95 | x |
| 2011-12-31 | Skr49.41 | Skr180.95 | x |
| 2012-12-31 | Skr49.76 | Skr180.95 | x |
| 2013-12-31 | Skr55.63 | Skr180.95 | x |
| 2014-12-31 | Skr61.10 | Skr180.95 | x |
| 2015-12-31 | Skr64.82 | Skr180.95 | x |
| 2016-12-31 | Skr64.43 | Skr180.95 | x |
| 2017-12-31 | Skr66.08 | Skr180.95 | x |
| 2018-12-31 | Skr68.35 | Skr180.95 | x |
| 2019-12-31 | Skr71.59 | Skr180.95 | x |
| 2020-12-31 | Skr78.98 | Skr180.95 | x |
| 2021-12-31 | Skr88.68 | Skr180.95 | x |
| 2022-12-31 | Skr94.99 | Skr180.95 | x |
| 2023-12-31 | Skr105.11 | Skr180.95 | x |
| 2024-12-31 | Skr111.67 | Skr180.95 | x |
| 2025-12-31 | Skr114.33 | Skr180.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skandinaviska Enskilda Banken AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.37%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 15.94x
- Recent ROE (13.49%) is above the historical average (12.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.64% | 19.42% | 0.02x | 27.16x | Skr748.40 Million |
| 2003 | 11.77% | 21.07% | 0.02x | 26.40x | Skr857.60 Million |
| 2004 | 14.50% | 12.74% | 0.04x | 31.25x | Skr2.29 Billion |
| 2005 | 14.82% | 9.47% | 0.05x | 33.34x | Skr2.73 Billion |
| 2006 | 18.78% | 13.05% | 0.05x | 28.81x | Skr5.89 Billion |
| 2007 | 17.79% | 11.75% | 0.05x | 30.64x | Skr5.97 Billion |
| 2008 | 12.02% | 8.18% | 0.05x | 30.05x | Skr1.69 Billion |
| 2009 | 1.12% | 1.22% | 0.04x | 23.22x | Skr-8.83 Billion |
| 2010 | 6.79% | 7.88% | 0.04x | 21.96x | Skr-3.18 Billion |
| 2011 | 9.93% | 12.42% | 0.04x | 21.70x | Skr-71.00 Million |
| 2012 | 10.63% | 13.11% | 0.04x | 22.42x | Skr689.70 Million |
| 2013 | 12.03% | 18.28% | 0.03x | 20.24x | Skr2.49 Billion |
| 2014 | 14.28% | 22.69% | 0.03x | 19.63x | Skr5.76 Billion |
| 2015 | 11.61% | 26.41% | 0.03x | 17.48x | Skr2.30 Billion |
| 2016 | 7.53% | 17.83% | 0.02x | 18.59x | Skr-3.48 Billion |
| 2017 | 11.25% | 26.05% | 0.02x | 17.78x | Skr1.80 Billion |
| 2018 | 15.55% | 36.17% | 0.02x | 17.26x | Skr8.26 Billion |
| 2019 | 12.96% | 29.45% | 0.02x | 18.35x | Skr4.61 Billion |
| 2020 | 9.16% | 25.36% | 0.02x | 17.68x | Skr-1.45 Billion |
| 2021 | 13.16% | 41.75% | 0.02x | 17.10x | Skr6.10 Billion |
| 2022 | 13.14% | 30.83% | 0.02x | 17.27x | Skr6.42 Billion |
| 2023 | 17.19% | 22.71% | 0.05x | 16.27x | Skr15.94 Billion |
| 2024 | 15.52% | 19.31% | 0.05x | 16.26x | Skr12.75 Billion |
| 2025 | 13.49% | 20.37% | 0.04x | 15.94x | Skr8.04 Billion |
Industry Comparison
This section compares Skandinaviska Enskilda Banken AB (publ)'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $69,574,613,333
- Average return on equity (ROE) among peers: 16.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skandinaviska Enskilda Banken AB (publ) (SEB-A) | Skr230.26 Billion | 11.64% | 14.94x | $37.73 Billion |
| Arion banki hf (ARION-SDB) | $197.84 Billion | 6.31% | 4.93x | $2.14 Billion |
| Avanza Bank Holding AB (publ) (AZA) | $4.95 Billion | 33.65% | 47.70x | $5.81 Billion |
| Norion Bank (NORION) | $2.58 Billion | 11.63% | 4.84x | $1.18 Billion |
| Skandinaviska Enskilda Banken AB (publ) (SEB-C) | $140.98 Billion | 7.53% | 17.59x | $478.77 Million |
| Swedbank AB (publ) (SWED-A) | $68.32 Billion | 17.56% | 22.54x | $40.26 Billion |
| TF Bank AB (TFBANK) | $2.77 Billion | 22.81% | 8.04x | $1.15 Billion |
About Skandinaviska Enskilda Banken AB (publ)
Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. It operates through Large Corporates and Financial Institutions, Corporate and Private Customers, Private Wealth Management and Family Office, Baltic, Life, and Asset Management segments. The company offers cash management products comprising integration services, liquidity management, fi… Read more