Handelsbanken’s interim report January– September 2014

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Summary January – September 2014, compared with January – September 2013

  • Operating profit went up by 9% to SEK 14,901m (13,630) and rose by 14% in home markets outside Sweden
  • The period’s profit after tax for total operations increased by 10% to SEK 11,842m (10,768)
  • Earnings per share for total operations increased by 10% to SEK 18.63 (16.97)
  • Return on equity for total operations was 14.1% (14.2)
  • Income increased by 6% to SEK 28,758m (27,049)
  • Net interest income went up by 2% to SEK 20,361m (19,897) and in home markets outside Sweden, net interest income increased by 12%
  • The C/I ratio improved to 44.4% (46.4)
  • The loan loss ratio was 0.08% (0.07)
  • The common equity tier 1 ratio according to CRD IV increased to 20.7% (18.8) and the total capital ratio rose to 25.6% (21.6)
  • The continued high liquidity reserve and rising deposit volumes reduce the structural requirement for market financing

Summary of Q3 2014, compared with Q2 2014

  • Operating profit decreased by 3% to SEK 4,904m (5,077) but rose by 7% compared with the third quarter of 2013
  • Adjusted for dividend income in the second quarter, operating profit went up by 1%
  • The period’s profit after tax for total operations decreased by 3% to SEK 3,899m (4,034) and earnings per share were SEK 6.13 (6.35)
  • Return on equity for total operations declined to 13.8% (15.1)
  • Income was unchanged, amounting to SEK 9,630m (9,647), while expenses fell by 2% to SEK -4,230m (-4,299)
  • Net interest income rose by 4% to SEK 7,004m (6,704)

The slide presentation for today’s press conference will be available at 06.00 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 22 October 2014, at 06.00 CET.

For more information about Handelsbanken, please go to: www.handelsbanken.com

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