0856 GMT - SEB second-quarter net profit beat expectations, but the positive result could be overshadowed by an increase in risk-weighted assets, Jefferies analyst Alexander Demetriou writes. Pre-provision profits came in ahead of views, driven by better net interest income and fees, while costs also improved. Common Equity Tier 1--a measure of a bank's resilience-of 17.7% was in line with expectations and results in a buffer of 290 basis points, aligned with SEB's target 100-300 basis point buffer. However, SEB also flagged a 5% increase in risk-weighted assets related to its Baltic business, equating to an 80 basis point CET1 impact, he adds. Shares fall 0.1% (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

July 16, 2025 05:00 ET (09:00 GMT)

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