Swedish banking major Skandinaviska Enskilda Banken AB (SEBYF.OB) on Thursday reported higher earnings for the fourth quarter.
Quarterly earnings increased 13 percent to 8373 million Swedish Krona or 4.00 krona per share from 7402 million krona or 3.46 krona per share of last year.
Net interest income surged 25 percent to 12100 million krona from 9715 million krona in the prior year.
Assets under management rose to 2361 billion krona from 2123 billion krona in the previous year.
Additionally, the company declared an ordinary dividend of 8.50 krona per share and a special dividend of 3 krona per share payable on March 26 to shareholders on record March 21.
Currently, SEB shares are trading at 147.75 SEK, up 3.39% in Stockholm.
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