Highlights of Handelsbanken's annual report 2009

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Summary January-December 2009, compared with January-December 2008

  • Operating profit went down to SEK 13,727 million (15,326)  

  • Profit before loan losses grew by 3 percent to SEK 17,115 million (16,661)  

  • The loan loss ratio rose to 0.21 percent (0.11) and loan losses were SEK -3,392 million (-1,605)  

  • Return on shareholders' equity for total operations was 12.6 percent (16.2)  

  • Income increased by 8 percent to SEK 32,335 million (29,890)  

  • For the first time ever, income in Great Britain exceeded SEK 1 billion  

  • Net interest income rose by 14 percent to SEK 22,000 million (19,223)  

  • The average loan volume increased by 8 percent and household deposits rose by 16 percent  

  • Net fee and commission income went up by 9 percent to SEK 7,393 million (6,795)  

  • The capital base amounted to SEK 121.8 billion and the capital ratio according to Basel II increased to 20.2 percent (16.0)  

  • Tier 1 capital went up by SEK 9.7 billion to 85.6 billion and the Tier 1 ratio according to Basel II increased to 14.2 percent (10.5)  

  • Profit after tax for total operations amounted to SEK 10,244 million (12,131), and earnings per share were SEK 16.44 (19.46)  

  • The board proposes a dividend of SEK 8.00 per share (7.00) 



Summary of Q4 2009, compared with Q3 2009

  • Profit after tax for total operations increased to SEK 2,516 million (2,434), while operating profit decreased to SEK 3,221 million (3,255)  

  • Income rose to SEK 7,967 million (7,762)   

  • Loan losses went down to SEK -691 million (-866), and the loan loss ratio fell to 0.18 percent (0.22)  

  • Net impaired loans decreased to SEK 3,235 million (3,710), equivalent to 0.21 percent (0.24) of loans  

  • Return on shareholders' equity for total operations increased to 12.2 percent (12.0)  



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