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Handelsbanken's interim report January - September 2012

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

  • Operating profit increased by 9 per cent to SEK 13,504 million (12,426)
  • The period's profit after tax for total operations went up by 8 per cent to SEK 10,008 million (9,277) and earnings per share increased by 7 per cent to SEK 15.95 (14.90)
  • Operating profit in Branch office operations outside Sweden went up by 50 per cent and in the Swedish branch office operations by 6 per cent
  • Equity rose by 10 per cent, while return on equity for total operations was more or less unchanged at 13.7 per cent (13.8)
  • Income increased by 7 per cent to SEK 26,171 million (24,435)
  • Net interest income rose by 14 per cent to SEK 19,597 million (17,256)
  • The C/I ratio improved to 45.1 per cent (46.8)
  • The loan loss ratio was 0.07 per cent (0.05)
  • The tier 1 capital ratio in Basel II rose to 20.5 per cent (17.4) and the core tier 1 capital ratio increased to 17.9 per cent (14.7)
  • All bonds maturing up to and including the end of 2013 have been prefinanced and the Bank's liquidity reserve exceeded SEK 750 billion
  • Twenty new branches were opened in the UK bringing the total to 124 and a further 13 are in the opening phase

Summary of Q3 2012, compared with Q2 2012

  • Operating profit declined by 3 per cent, for seasonal reasons, to SEK 4,405 million (4,528) and increased by 1 per cent compared with the third quarter of 2011
  • Operating profit for Branch office operations outside Sweden, the individually best quarterly result, rose by 8 per cent in local currency
  • Income amounted to SEK 8,466 million (8,839)
  • The C/I ratio improved to 44.7 per cent (45.5) in the Group and to 32.9 per cent (34.4) in the Swedish branch operations
  • The period's profit after tax for total operations decreased by 5 per cent to SEK 3,246 million (3,414) and earnings per share were SEK 5.15 (5.44)
  • Return on equity for total operations was 13.2 per cent (14.4)
  • The loan loss ratio was unchanged at 0.07 per cent (0.07)

The full interim report and the slide presentation for today's press conference will be available on the Bank's website www.handelsbanken.se/ireng from 07.00 CET.

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

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


Handelsbanken discloses the information provided herein pursuant to the Securities Markets Act. Submitted for publication on 22 October 2012, at 07.00 CET.

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