Handelsbanken rises after Q4 pre-provision profit beat, higher dividend

Svenska Handelsbanken AB

04/02/2026 08:40

** Shares in Svenska Handelsbanken SHBa.ST rise around 3% after the Swedish bank reported Q4 pre-provision operating profit above estimates, higher dividend

** The bank's profit before credit losses and regulatory fees was 8,452 million Swedish crowns ($949.98 million), which beat Jefferies' estimates by 7%

** The key driver for the beat were lower expenses which came in 6% below estimates, adds the broker

** Its CET1 ratio of 17.6% was 0.4% lower than expected, driven by the better proposed dividend of 17.50 crowns, says Jefferies in a note

** The bank also reported a quarterly net profit of 5.97 billion Swedish crowns, above LSEG-polled analyst forecast of 5.49 billion

** The share was up 2.9% at 08:29 GMT, on track for its best day since April 2025

($1 = 8.8970 Swedish crowns)

 (Reporting by Vera Dvorakova)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))