Highlights of Handelsbanken’s Annual Report JANUARY – DECEMBER 2016

Summary January – December 2016, compared with January – December 2015

  • Operating profit rose by 1% to SEK 20,633m (20,475)
  • The period’s profit after tax for total operations decreased by 1% to SEK 16,245m (16,343)
  • Earnings per share for total operations were SEK 8.43 (8.57)
  • Return on equity for total operations declined to 13.1% (13.5)
  • Income increased by 1% to SEK 40,763m (40,336) 
  • Net interest income rose by 1% to SEK 27,943m (27,740) 
  • The loan loss ratio was unchanged at 0.09% (0.09)
  • The common equity tier 1 ratio increased to 25.1% (21.2) and the total capital ratio was 31.4% (27.2)
  • Lending growth was maintained in all home markets
  • The Board proposes an ordinary dividend of SEK 5.00 per share and an extension of the existing share repurchasing mandate for another year

Summary of Q4 2016, compared with Q3 2016

  • Operating profit declined by 17% to SEK 4,698m (5,691), but adjusted for sales of shares in the quarter of comparison, the decrease was 5%
  • The period’s profit after tax for total operations decreased to SEK 3,444m (4,564), and earnings per share were SEK 1.77 (2.36)
  • Return on equity for total operations declined to 10.6% (14.7)
  • Income fell by 3% to SEK 10,125m (10,473), but adjusted for sales of shares in the quarter of comparison it increased by 4%
  • Net interest income increased by 4% to SEK 7,299m (7,041)
  • Net fee and commission income increased by 8% to SEK 2,447m (2,259)
  • The loan loss ratio rose to 0.17% (0.10)

The slide presentation for today’s press conference will be available at 07.00 CET at handelsbanken.se/ireng

For further information, please contact:
Anders Bouvin, President and Group Chief Executive
Tel: +46 (0)8 22 92 20

Rolf Marquardt, CFO
Tel: +46 (0)8 22 92 20

Mikael Hallåker, Head of Investor Relations
Tel: +46 (0)8 701 29 95, miha11@handelsbanken.se

This information is of the type that Handelsbanken is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication through the agency of the contact person set out above, at 07.00 CET on 8 February 2017. 

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

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