# SEB Q2 2025 profit jumps 4% on record fee income, shares up 4.8%

**Published:** 2026-07-15T17:28:36.852Z  
**Topic:** Banking  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/68d20e8e-707e-41cd-a295-c6175e7def3a

SEB reports Q2 2025 operating profit of SEK 10.77 bn (+4% YoY) and net profit of SEK 8.66 bn (+5%). Record fee income drives a 4.8% share rise. Details inside.

SEB posted an operating profit of SEK 10.77 bn for the April‑June quarter, a 4 % year‑over‑year increase that beat the company‑compiled consensus of SEK 7.6 bn and lifted the stock 4.8 % in early trading [4].

| At a glance | |
|---|---|
| Operating profit | SEK 10.77 bn (+4 % YoY) |
| Net profit | SEK 8.66 bn (+5 % YoY) |
| Record fee income | SEK 7.19 bn (new quarterly high) |
| Share reaction | +4.8 % at 08:13 GMT |

## Strong investment‑banking and fee earnings

The bank’s Corporate & Investment Banking division saw heightened client activity, especially in investment‑banking flows and refinancing deals, which helped generate record net fee and commission income of SEK 7.19 bn [4]. Net interest income rose modestly 1 % YoY to SEK 10.69 bn, supported by higher lending volumes and stable policy rates, even as mortgage margins faced pressure in Sweden [4]. Customer lending grew 4 % quarter‑on‑quarter to SEK 2.41 tn, while deposits rose to SEK 2.03 tn, reflecting continued growth in core banking balances [4].

## Capital strength and outlook

SEB’s return on equity climbed to 15.0 % and its CET1 capital ratio stood at 17.7 % with a 290‑basis‑point capital buffer, underscoring a solid balance‑sheet position amid a “highly uncertain and rapidly changing” global environment [1]. Net expected credit losses fell, and operating profit rose 4 % thanks to lower costs and the SEK 30 bn net inflow of assets under management across business segments [1]. The bank announced a new share‑buyback programme, reinforcing confidence in its capital return policy [4].

## What to watch
- Upcoming SEB earnings release (Q3) and any shift in corporate‑lending trends, especially in the Baltic region where management changes are underway.  
- European Central Bank policy decisions that could affect policy rates and, consequently, SEB’s net interest income.  
- Movements in the Swedish krona, as a stronger SEK can compress mortgage margins and influence net interest income.

The results show SEB’s ability to offset a declining net interest income environment with robust fee generation and disciplined cost management, but future performance will hinge on macro‑economic conditions and the bank’s capacity to sustain corporate‑client activity.

## Sources
1. News — [SEB’s results for the second quarter 2025 - SEB](https://news.cision.com/seb/r/seb-s-results-for-the-second-quarter-2025,c4207605)
2. Quartr — [SEB (SEB) Investor Relations, Earnings Summary & Outlook](https://quartr.com/companies/skandinaviska-enskilda-banken_3774)
3. Sebgroup — [Interim Reports & Quarterly Financial Results | SEB](https://sebgroup.com/investor-relations/reports-and-presentations/interim-reports)
4. In — [SEB posts higher Q2 profit on strong investment banking, fee income; shares gain By Investing.com](https://in.investing.com/news/stock-market-news/seb-posts-higher-q2-profit-on-strong-investment-banking-fee-income-5496282)

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Cite as: TrendWatcher, "SEB Q2 2025 profit jumps 4% on record fee income, shares up 4.8%", https://www.trendwatcher.in/article/68d20e8e-707e-41cd-a295-c6175e7def3a