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Svenska Handelsbanken AB (publ) (SVNLF)

Other OTC - Other OTC Delayed Price. Currency in USD
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9.72-0.28 (-2.84%)
At close: 02:53PM EST
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Trade prices are not sourced from all markets
Previous close10.00
Open9.87
Bid0.00 x 0
Ask0.00 x 0
Day's range9.72 - 9.98
52-week range7.75 - 11.78
Volume4,101
Avg. volume12,050
Market cap19.443B
Beta (5Y monthly)0.67
PE ratio (TTM)9.81
EPS (TTM)0.99
Earnings dateN/A
Forward dividend & yield0.54 (5.36%)
Ex-dividend date24 Mar 2022
1y target estN/A
  • Reuters

    Nordea profit tops forecast as interest income gives boost

    Finnish banking group Nordea posted third-quarter operating earnings just above market expectations on Thursday on rising interest income, improving slightly its outlook for costs and income for the full year. Rampant inflation and rapidly tightening monetary policy are lifting interest income for Nordic banks, while mounting costs for households and businesses and slumping real estate markets have yet to translate into higher loan losses. The Nordic region's biggest bank reported an operating profit of 1.30 billion euros ($1.27 billion) in the quarter, up from 1.27 billion a year ago, beating the mean forecast of 1.26 billion euros in a Refinitiv poll of analysts.

  • Reuters

    Handelsbanken posts record profit as interest income climbs

    Swedish bank Handelsbanken on Wednesday reported forecast-beating record earnings, as interest income jumped in the third quarter in an environment of rising inflation and tighter monetary policy, sending its shares up nearly 5%. The rival of Swedbank, SEB, and Nordea said operating profit totalled 7.27 billion Swedish crowns ($654.5 million) versus year-ago's 6.13 billion, ahead of a mean forecast 6.72 billion, according to Refinitiv estimates. Soaring inflation, fuelled in part by the war in Ukraine, has seen central banks rapidly hike rates, lifting interest income at Swedish banks but also squeezing households and businesses and depressing stock markets, potentially driving a rise in loan losses in the coming quarters.

  • Reuters

    Handelsbanken's Q2 profit misses forecasts on hedging loss

    STOCKHOLM (Reuters) -Swedish bank Handelsbanken reported its second-quarter profit well below forecasts on Friday, after a downturn in capital markets triggered a loss on hedging instruments. Operating earnings at the 150-year-old rival to Swedbank fell to 5.25 billion Swedish crowns ($496.80 million) from 5.67 billion crowns a year ago. "The unusually severe downturn in the capital markets over a short period of time has led to a negative market valuation impact on our hedging instruments," Chief Executive Officer Carina Akerstrom said in the report.