Handelsbanken's interim report January-September 2009
Summary January-September 2009, compared with January-September 2008
- Operating profit rose by 4% to SEK 10,506m (10,110) and profit after tax grew to SEK 7,728m (7,576)
- Earnings per share increased by 2% to SEK 12.40 (12.16)
- Net interest income rose by 21% to SEK 16,641m (13,749)
- The average volume of loans increased by 11% and household deposits rose by 19%
- Income increased by 20% to SEK 24,368m (20,378)
- The C/I ratio for continuing operations was 45.8% (47.3)
- Loan losses were SEK -2,701m (-909)
- The capital base grew by SEK 11,027m to SEK 119,045m and the capital ratio according to Basel II increased to 19.1% (15.2)
- Tier 1 capital went up by SEK 13,260m to SEK 84,040m and the tier 1 ratio according to Basel II increased to 13.5% (10.0)
- Handelsbanken's liquidity reserves exceeded SEK 450bn
- Return on shareholders' equity was 12.8% (13.7)
Summary of Q3 2009, compared with Q2 2009
- Operating profit was SEK 3,255m (3,445)
- Net interest income was SEK 5,610m (5,638)
- The average volume of deposits from households rose by 2% to SEK 215bn
- Loan losses were SEK -866m (-939)
- Net impaired loans decreased to SEK 3,710m (4,385)
- Return on shareholders' equity was 12.0% (12.4)
- Handelsbanken has the most satisfied customers in the Nordic region according to SKI/EPSI 2009
For further information, please contact:
Pär Boman, President and group chief executive
phone +46 8-22 92 20
Ulf Riese, CFO
phone +46 8-22 92 20
Mikael Hallåker, Head of Investor Relations
phone +46 8-701 29 95, miha11@handelsbanken.se
The full report including tables can be downloaded from the following link: