Skandinaviska Enskilda Banken AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2014 . For the quarter, the company reported operating profit of SEK 6,557 million against SEK 5,009 million for the same period a year ago. Operating income in the fourth quarter amounted to SEK 12.76 billion, compared to SEK 11.03 billion for the same quarter ended December 31, 2013. Net profit attributable to shareholders was SEK 5.69 billion, or SEK 2.58 per diluted share, compared to SEK 4.22 billion, or SEK 1.92 per diluted share, for the same quarter ended December 31, 2013.

The full year operating profit was SEK 23.3 billion against SEK 18.1 million and return on equity of 15.3%. Total operating income amounted for SEK 46.94 billion, compared to SEK 41.55 billion for the same period ended December 31, 2013. Net interest income increased by 6% compared with the full year 2013 and by 2% compared with the same quarter in 2013. Net fee and commission income amounts to SEK 16.3 billion compared with the fourth quarter of last year, net fee and commission income increased by 18%. Net fee and commission income increased partly as a result of a lower due [ph] customer base and partly because large corporate activity has gradually increased, primarily with event-driven corporate transactions. This has led to higher lending and advisory fee. Net profit attributable to shareholders for the year was SEK 19.22 billion, or SEK 8.73 per diluted share, compared to SEK 14.77 billion, or SEK 6.69 per diluted share, for the same period ended December 31, 2013.