Handelsbanken’s interim report January– June 2014
Summary January – June 2014, compared with January – June 2013
- The period’s profit after tax for total operations increased by 11% to SEK 7,943m (7,161)
- Earnings per share for total operations increased to SEK 12.50 (11.29)
- Operating profit went up by 10% to SEK 9,997m (9,059) and rose by 17% in home markets outside Sweden
- Return on equity for total operations rose to 14.3% (14.2)
- Income increased by 6% to SEK 19,128m (18,040)
- Net interest income went up by 1% to SEK 13,357m (13,214) and in the home markets outside Sweden, net interest income increased by 12%
- The C/I ratio improved to 44.7% (46.5)
- The loan loss ratio was 0.07% (0.07)
- The common equity tier 1 ratio according to CRD IV increased to 20.1% (17.8) and the total capital ratio rose to 25.0% (21.1)
- The Bank’s liquidity reserve exceeded SEK 800bn
- The Bank has decided to establish a fifth regional bank in the UK, with its head office in Leeds
Summary of Q2 2014, compared with Q1 2014
- The period’s profit after tax for total operations increased by 3% to SEK 4,034m (3,909) and earnings per share were SEK 6.35 (6.15)
- Operating profit increased by 3% to SEK 5,077m (4,920)
- Return on equity for total operations rose to 15.1% (14.1)
- Income increased by 2% to SEK 9,647m (9,481)
- Net interest income rose by 1% to SEK 6,704m (6,653)
- The loan loss ratio was 0.06% (0.07)
The slide presentation for today’s press conference will be available at 06.30 CET at www.handelsbanken.se/ireng
For further information, please contact:
Pär Boman, President and Group Chief Executive
Tel: +46 (0)8 22 92 20
Ulf Riese, CFO
Tel: +46 (0)8 22 92 20
Mikael Hallåker, Head of Investor Relations
Tel: +46 (0)8 701 29 95, miha11@handelsbanken.se
Handelsbanken discloses the information provided herein pursuant to the Securities Markets Act. Submitted for publication on 17 July 2014, at 06.30 CET.
For more information about Handelsbanken, please go to: www.handelsbanken.com
Tags: