Sweden's Handelsbanken posts lower Q4 profit, raises dividend

Svenska Handelsbanken AB

04/02/2026 06:09

Overview

Swedish bank's Q4 operating profit was SEK 7,682 mln, slightly down from last year

Earnings per share stable at SEK 3.01, with strong credit quality

Company proposes dividend increase to SEK 17.50 per share

Outlook

Handelsbanken sees growth potential in UK and Netherlands lending markets

Company emphasizes strong credit quality and financial stability

Handelsbanken proposes total dividend of SEK 17.50 per share

Result Drivers

NET INTEREST MARGINS - Co's net interest income was negatively affected by lower market rates, impacting net interest margins

SAVINGS BUSINESS GROWTH - Co's savings business continued to grow, with assets under management reaching a record level

LENDING GROWTH - Lending in the UK and Netherlands showed improving growth in both household and corporate sectors

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
SEK 3.01
Q4 CET1 Capital Ratio
17.60%
Q4 Operating Profit
SEK 7.68 bln
Q4 ROE
13.00%


Analyst Coverage

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and 10 "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Svenska Handelsbanken AB is SEK133.00, about 7.2% below its February 3 closing price of SEK143.35

Press Release: ID:nWkr6LbdJF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)