Skandinaviska Enskilda Banken AB (publ) (SEB_A) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the SCD Financial Results Q3 2025 conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Johan Torgeby, CEO. Please go ahead. Good morning, and I'd like to extend a warm welcome to all of you today for SEB's Q3 financial results. Going to our first page with highlights, we today post a solid financial result. in a quarter which is seasonally slower but we've also experienced less volatile and stable financial markets. Noteworthy is that investment banking activity has held up and showed resilience and we saw an increase in capital markets activity to the later half of the quarter. Customer satisfaction and employee engagement continue to show relative strength and it has been decided to continue the 2.5 billion share buyback program per quarter by the board as we announced today. Flipping to the next page we have some recent events and the first one is the infrastructure of payments which is now being disrupted to some degree by new technology coming from blockchain. We have together with eight other European banks launched a consortium with an initiative to see if we can launch a euro denominated stable coin on the chain targeting the first half of 2027. Also, Airplus has now been used as the new brand for our previous euro card. And this is an example of the a marketing campaign p...