Q4 2023 Financial Update
Q4 2023 financial update
Highlights in Q4 2023
14
Return on equity
15.2%
.
High customer satisfaction among both Large Corporates and
Financial Institutions, with maintained #1 positions in annual Nordic
Prospera surveys
Overall asset quality remained robust and return on equity was solid
at 15.2 per cent, in line with our long-term aspiration
Costs for 2023 were in line with the FX-adjusted cost target of SEK
27.0-27.5 bn. For 2024 we have a cost target ¹ of SEK <29bn
Proposed ordinary dividend of SEK 8.50 per share, a special dividend
of SEK 3.00 per share and decided on a new quarterly share buyback
programme of SEK 1.75bn
Cost income ratio
0.35
CET1 ratio
19.1%
Capital buffer
440 bps
1 Assuming average 2023 FX and not including AirPlus.
SEBView entire presentation