Company Performance: SEB's financial health, including revenue, earnings, and profitability, strongly influences its stock price. Positive results often drive the price up, while negative ones can lower it.

Overall Market Conditions: Broad economic factors like interest rates, inflation, and overall market sentiment play a significant role. Bull markets generally lift stock prices, while bear markets depress them.

Industry Trends: Developments within the financial services sector, such as regulatory changes, technological advancements (fintech), and shifts in consumer behavior, can affect investor perception of SEB.

Investor Sentiment: General optimism or pessimism among investors regarding SEB and the broader market greatly impacts demand and, therefore, the stock price. News and analyst ratings contribute to sentiment.

Dividend Policy: SEB's dividend payout ratio and dividend yield can influence its attractiveness to income-seeking investors, thus impacting demand and stock price. Increases in dividends are often viewed positively.

Global Economic Factors: As a global bank, SEB's performance is also tied to global economic growth, international trade, and geopolitical stability. Economic downturns in key regions can negatively affect its stock.