SEB's operating result fell slightly for the fourth quarter but spiked for all of 2017 on the back of a stronger home market.
The Swedish bank's EBIT for the quarter slid 22% to SEK 4.2bn ($546m), providing an 8.8% return on equity.
Operating income for the period gained 2% to SEK 11.9bn.
Operating expenses, meanwhile, fell 2% to SEK 5.6bn.