Handelsbanken's interim report January - September 2011

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Summary January - September 2011, compared with January - September 2010 

  • Profit after tax for total operations went up by 14 per cent to SEK 9,277 million (8,133) and diluted earnings per share rose by 14 per cent to SEK 14.60 (12.85)
  • Operating profit for continuing operations rose by 14 per cent to SEK 12,426 million (10,937)
  • Return on equity for total operations was 13.8 per cent (12.8)
  • Net interest income rose by 10 per cent to SEK 17,256 million (15,725)
  • Income rose by 5 per cent to SEK 24,435 million (23,168)
  • The loan loss ratio went down to 0.05 per cent (0.10)
  • Tier 1 capital rose to SEK 92.9 billion (86.9) and the Tier 1 ratio was 17.4 per cent (15.7)
  • The average volume of loans to the public grew by 4 per cent to SEK 1,538 billion (1,475)
  • The Bank's net inflow to the Swedish mutual fund market was SEK 10.7 billion  

Summary of Q3 2011, compared with Q2 2011 

  • Profit after tax for total operations went up by 2 per cent to SEK 3,209 million (3,136) and diluted earnings per share rose by 1 per cent to SEK 5.00 (4.95)
  • Operating profit for continuing operations went up by 5 per cent to SEK 4,360 million (4,136)
  • Return on equity for total operations was 14.1 per cent (14.0)
  • Net interest income rose by 7 per cent to SEK 6,066 million (5,683)
  • Income increased by 2 per cent to SEK 8,328 million (8,169)
  • The loan loss ratio was 0.04 per cent (0.04)
  • The average volume of loans to the public grew by 1 per cent to SEK 1,574 billion (1,552) and the average volume of deposits by 7 per cent to SEK 660 billion (614)
  • The total liquidity reserve increased to over SEK 700 billion
  • According to SKI/EPSI surveys, Handelsbanken continues to have the most satisfied customers of all banking groups in northern Europe

The slide presentation for today's press conference will be available at 08.00 CET at www.handelsbanken.se/ireng 

For further information, please contact:
Pär Boman, President and Group Chief Executive, +46 (0)8 22 92 20
Mikael Hallåker, Head of Investor Relations, +46 (0)8 701 29 95, miha11@handelsbanken.se

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