Brief: Handelsbanken Q2 Operating Profit Down At Sek 6,678 Mln
BRIEF-Handelsbanken Q2 Operating Profit Down At Sek 6,678 Mln July 15 (Reuters) - Svenska Handelsbanken AB SHBa.ST:
Q2 OPERATING PROFIT SEK 6,678 MILLION
Q2 EPS SEK 2.6
Q2 ROE 12.8%
Q2 CET1 CAPITAL RATIO 17.2%
COMMON EQUITY TIER 1 RATIO WAS 2.50 PERCENTAGE POINTS ABOVE REGULATORY REQUIREMENT BY SWEDISH FINANCIAL SUPERVISORY AUTHORITY
Q2 NET INTEREST INCOME SEK 10,008 MILLION VERSUS IBES ESTIMATE SEK 10,175 MILLION
Q2 NET PROFIT SEK 5,228 MILLION VERSUS IBES ESTIMATE SEK 5,446 MILLION
EXPENSES DECREASED COMPARED WITH PRECEDING YEAR, DESPITE ANNUAL SALARY ADJUSTMENTS AND GENERAL COST INFLATION.
OPERATING PROFIT FELL 6%, WHICH WAS MAINLY DUE TO LOWER NET GAINS/LOSSES ON FINANCIAL TRANSACTIONS DUE TO VALUATION EFFECTS
HIGHER FUNDING COSTS RESULTING FROM HIGHER MARKET RATES AND LOWER VOLUME OF INTEREST-BEARING CASH AND CASH EQUIVALENTS
Source text: ID:nWkrbw6PKF
Further company coverage: [SHBa.ST]
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