Handelsbanken's interim report JANUARY - JUNE 2009
Summary January - June 2009 compared with January - June 2008
Operating profit increased by 14% to SEK 7,251m (6,352) and the profit after tax was SEK 5,294m (4,766)
Earnings per share increased by 11% to SEK 8.49 (7.66)
Net interest income rose by 24% to SEK 11,031m (8,893)
The average volume of loans increased by 13% and household deposits rose by 21%
Income increased by 25% to SEK 16,606m (13,254)
The C/I ratio improved to 45.3% (49.0)
Loan losses went up to SEK -1,835m (-678)
The capital base went up by SEK 17bn to 122bn and the capital ratio according to Basel II increased to 18.4% (16.1)
Tier 1 capital went up by SEK 14.3bn to 83.2bn and the tier 1 capital ratio according to Basel II increased to 12.6% (10.6)
Handelsbanken's liquidity reserves exceeded SEK 450bn
Return on shareholders' equity increased to 13.1% (12.9)
Summary of Q2 2009 compared with Q1 2009
Operating profit was SEK 3,445m (3,806)
Net interest income rose by 5% to SEK 5,638m (5,393) and was charged with SEK 83m (94) for the estimated fee to the Swedish Stabilisation Fund
Household deposits increased by 2% to SEK 211bn
Loan losses were SEK -939m (-896)
For further information, please contact:
Pär Boman, CEO
Phone: +46 8 22 92 20
Ulf Riese, CFO
Phone: +46 8 22 92 20
Mikael Hallåker, head of Investor Relations
The full report including tables can be downloaded from the following link:
