- Net Interest Income: Handelsbanken’s net interest income was SEK11.75 billion, surpassing the estimate of SEK11.39 billion.
- Sweden: SEK7.33 billion (estimate: SEK7.18 billion)
- UK: SEK2.69 billion (estimate: SEK2.61 billion)
- Norway: SEK1.27 billion (estimate: SEK1.21 billion)
- Net Fee & Commission Income: SEK2.94 billion, above the estimate of SEK2.85 billion.
- Net Income: SEK6.79 billion, beating the estimate of SEK6.27 billion.
- Total Expenses: SEK6.42 billion, slightly higher than the estimate of SEK6.26 billion.
- Common Equity Tier 1 Ratio: 18.9%, meeting the estimate.
- Cost to Income Ratio: 41.5%
- Operating Profit: SEK8.51 billion, lower than the estimate of SEK8.67 billion.
- Sweden: SEK6.59 billion (estimate: SEK6.09 billion)
- UK: SEK1.45 billion (estimate: SEK1.22 billion)
- Norway: SEK744 million
- Total Income: SEK15.46 billion, exceeding the estimate of SEK14.92 billion.
- Sweden: SEK10.03 billion (estimate: SEK9.67 billion)
- UK: SEK2.96 billion (estimate: SEK2.88 billion)
- Norway: SEK1.47 billion (estimate: SEK1.39 billion)
- Analyst Ratings: 7 buys, 9 holds, 8 sells.
A look at Svenska Handelsbanken AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Svenska Handelsbanken AB shows a positive long-term outlook. With strong scores in dividend and value, the company’s financial health and shareholder rewards are noteworthy. Additionally, a solid growth score implies potential expansion opportunities. However, the lower resilience and momentum scores suggest some areas of caution and room for improvement. Overall, Svenska Handelsbanken AB seems well-positioned in the market for steady growth and income generation.
Svenska Handelsbanken AB, a financial institution providing commercial banking services and attracting deposits, operates across Europe, Asia, and the United States. Offering a range of financial services including corporate finance, securities brokerage, and institutional asset management, the bank is positioned as a diversified player in the global financial sector. With its focus on value, dividends, and growth, Svenska Handelsbanken AB appears geared towards sustaining its presence and delivering value to stakeholders over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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