Handelsbanken's interim report January - June 2012

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Summary January - June 2012, compared with January - June 2011

  • The period's profit after tax for total operations went up by 11 per cent to SEK 6,762 million (6,068) and earnings per share increased by 11 per cent to SEK 10.81 (9.75)
  • Operating profit for continuing operations increased by 13 per cent to SEK 9,099 million (8,066)
  • Operating profits for Branch office operations outside Sweden increased by 64 per cent, and by 7 per cent for Branch operations in Sweden
  • Return on equity for total operations rose to 14.0 per cent (13.6)
  • Income increased by 10 per cent to SEK 17,705 million (16,107)
  • Net interest income rose by 17 per cent to 13,135 million (11,190)
  • The C/I ratio improved to 45.3 per cent (47.3)
  • The loan loss ratio was 0.07 per cent (0.05)
  • The tier 1 capital ratio rose to 19.4 per cent (17.4). The core tier 1 capital ratio increased to 16.8 per cent (14.8)
  • All bonds maturing up to and including the first half of 2013 have been prefinanced and the Bank opted to increase the total liquidity reserve to over SEK 750 billion

Summary of Q2 2012, compared with Q1 2012

  • The period's profit after tax for total operations went up by 2 per cent to SEK 3,414 million (3,348) and earnings per share were SEK 5.44 (5.36)
  • Return on equity for total operations was 14.4 per cent (13.8)
  • Income was more or less unchanged at SEK 8,839 million (8,866)
  • The loan loss ratio was unchanged at 0.07 per cent (0.07)
  • Operating profit rose in all home markets outside Sweden

The slide presentation from today's press conference is enclosed with this press release and will be available on the Bank's website www.handelsbanken.se/ireng after 7.30 a.m.

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

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