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Handelsbanken’s Interim Report January – September 2017

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Summary January – September 2017, compared with January – September 2016

  • Operating profit increased by 1% to SEK 16,028m (15,935), but grew by 10% after adjustments for non-recurring items and this year’s resumption of provisions to Oktogonen
  • The period’s profit after tax for total operations decreased by 4% to SEK 12,340m (12,801)
  • Earnings per share for total operations were SEK 6.35 (6.66)
  • Return on equity for total operations declined to 12.7% (14.0)
  • Income was SEK 30,522m (30,638), but increased by 5% adjusted for capital gains in the period of comparison
  • Net interest income rose by 7% to SEK 21,989m (20,644)
  • Net fee and commission income rose by 8% to SEK 7,217m (6,709)
  • The C/I ratio increased to 45.6% (45.1)
  • The loan loss ratio decreased to 0.04% (0.06)
  • The common equity tier 1 ratio declined to 23.6% (24.0) and the total capital ratio was 28.5% (30.1) 

Summary of Q3 2017, compared with Q2 2017

  • Operating profit increased by 3% to SEK 5,424m (5,257)
  • The period’s profit after tax for total operations grew by 3% to SEK 4,173m (4,056) and earnings per share increased to SEK 2.15 (2.09)
  • Return on equity for total operations was 12.9% (12.9)
  • Income totalled SEK 10,248m (10,238)
  • Net interest income increased by 4% to SEK 7,587m (7,321)
  • The C/I ratio decreased to 45,0% (46,9)
  • The loan loss ratio was unchanged at 0.04% (0.04)

The slide presentation for today’s press conference will be available at 07.00 CET at handelsbanken.se/ireng

For further information, please contact:
Anders Bouvin, President and Group Chief Executive
Tel: +46 (0)8 22 92 20

Rolf Marquardt, CFO
Tel: +46 (0)8 22 92 20

Lars Höglund, Head of Investor Relations
Tel: +46 (0)8 701 51 70, laho01@handelsbanken.se

This information is of the type that Handelsbanken is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication through the agency of the contact person set out above, at 07.00 CET on 18 October 2017. 

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

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Handelsbanken Q3 2017

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