Handelsbanken’s Interim Report January – June 2015
Summary January – June 2015, compared with January – June 2014
- Operating profit grew by 2% to SEK 10,211m (9,997)
- The period’s profit after tax for total operations rose to SEK 8,084m (7,943)
- Earnings per share for total operations grew to SEK 4.24 (4.17)
- The common equity tier 1 ratio according to CRD IV increased to 21.3% (20.1) and the total capital ratio rose to 28.4% (25.0)
- Return on equity for total operations decreased to 13.5% (14.3)
- Moody’s upgraded Handelsbanken’s long-term credit rating to Aa2, and thus the Bank has the highest rating in the Nordic countries of all peer banks
- Income grew by 4% to SEK 19,966m (19,128)
- Net interest income went up by 4% to SEK 13,935m (13,357) and in the UK, net interest income increased by 37%
- Net fee and commission income grew by 11% to SEK 4,669m (4,195)
- The C/I ratio increased to 45.5% (44.7)
- The loan loss ratio was 0.07% (0.07)
Summary of Q2 2015, compared with Q1 2015
- Operating profit increased by 6% to SEK 5,256m (4,955), the highest quarterly result to date for continuing operations
- The period’s profit after tax for total operations grew by 7% to SEK 4,173m (3,911) and earnings per share increased by 7% to SEK 2.19 (2.05)
- Return on equity for total operations rose to 14.5% (12.9)
- Income increased by 5% to SEK 10,221m (9,745)
- The C/I ratio fell to 45.1% (46.0)
- The loan loss ratio was 0.08% (0.07)
The slide presentation for today’s press conference will be available at 07.00 CET at handelsbanken.se/ireng
For further information, please contact:
Frank Vang-Jensen, 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 21 July 2015, at 07.00 CET.
For more information about Handelsbanken, please go to: handelsbanken.com
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