Handelsbanken’s interim report January– March 2014
Summary January – March 2014, compared with January – March 2013
- The period’s profit after tax for total operations increased by 13% to SEK 3,909m (3,466)
- Earnings per share increased to SEK 6.15 (5.47)
- Operating profit went up by 13% to SEK 4,920m (4,336) and rose by 30% in home markets outside Sweden
- Return on equity for total operations rose to 14.1% (13.8)
- Income increased by 8% to SEK 9,481m (8,800)
- Net interest income went up by 2% to SEK 6,653m (6,541) and in the home markets outside Sweden, net interest income increased by 13%
- The C/I ratio improved to 44.8% (47.5)
- The loan loss ratio was 0.07% (0.06)
- The common equity tier 1 ratio according to CRD IV increased to 19.5% (17.5) and the total capital ratio rose to 24.5% (21.0)
- The Bank’s liquidity reserve exceeded SEK 800bn
Summary of Q1 2014, compared with Q4 2013
- The period’s profit after tax for total operations increased by 11% to SEK 3,909m (3,527) and earnings per share were SEK 6.15 (5.55)
- Operating profit increased by 10% to SEK 4,920m (4,458)
- Return on equity for total operations was 14.1% (13.3)
- Income increased by 2% to SEK 9,481m (9,278)
- The loan loss ratio was 0.07% (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 30 April 2014, at 06.30 CET.
For more information about Handelsbanken, please go to: www.handelsbanken.com
Tags: