Handelsbanken’s Interim Report January– September 2014

STOCKHOLM, Sweden--()--Regulatory News:

Summary January – September 2014, compared with January – September 2013

  • Operating profit went up by 9% to SEK 14,901m (13,630) and rose by 14% in home markets outside Sweden
  • The period’s profit after tax for total operations increased by 10% to SEK 11,842m (10,768)
  • Earnings per share for total operations increased by 10% to SEK 18.63 (16.97)
  • Return on equity for total operations was 14.1% (14.2)
  • Income increased by 6% to SEK 28,758m (27,049)
  • Net interest income went up by 2% to SEK 20,361m (19,897) and in home markets outside Sweden, net interest income increased by 12%
  • The C/I ratio improved to 44.4% (46.4)
  • The loan loss ratio was 0.08% (0.07)
  • The common equity tier 1 ratio according to CRD IV increased to 20.7% (18.8) and the total capital ratio rose to 25.6% (21.6)
  • The continued high liquidity reserve and rising deposit volumes reduce the structural requirement for market financing

Summary of Q3 2014, compared with Q2 2014

  • Operating profit decreased by 3% to SEK 4,904m (5,077) but rose by 7% compared with the third quarter of 2013
  • Adjusted for dividend income in the second quarter, operating profit went up by 1%
  • The period’s profit after tax for total operations decreased by 3% to SEK 3,899m (4,034) and earnings per share were SEK 6.13 (6.35)
  • Return on equity for total operations declined to 13.8% (15.1)
  • Income was unchanged, amounting to SEK 9,630m (9,647), while expenses fell by 2% to SEK -4,230m (-4,299)
  • Net interest income rose by 4% to SEK 7,004m (6,704)

The slide presentation for today’s press conference will be available at 06.00 CET at www.handelsbanken.se/ireng

Handelsbanken discloses the information provided herein pursuant to the Securities Markets Act. Submitted for publication on 22 October 2014, at 06.00 CET.

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

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Contacts

Handelsbanken
Pär Boman, +46 (0)8 22 92 20
President and Group Chief Executive
or
Ulf Riese, +46 (0)8 22 92 20
CFO
or
Mikael Hallåker, +46 (0)8 701 29 95
Head of Investor Relations
miha11@handelsbanken.se

Contacts

Handelsbanken
Pär Boman, +46 (0)8 22 92 20
President and Group Chief Executive
or
Ulf Riese, +46 (0)8 22 92 20
CFO
or
Mikael Hallåker, +46 (0)8 701 29 95
Head of Investor Relations
miha11@handelsbanken.se