Market Overview

Handelsbanken Posts Upbeat Q2 Profit


Svenska Handelsbanken AB (OTC: SVNLY) posted a rise in its Q2 net profit.

Handelsbanken's quarterly net profit climbed to SEK3.41 billion, from SEK3.14 billion in the year-ago period, versus analysts' estimates of SEK3.32 billion.

Its net interest income gained to SEK6.58 billion from SEK5.68 billion, versus analysts' estimates of SEK6.56 billion. Its loan losses widened to SEK288 million, versus SEK172 million.

Handelsbanken shares closed at $17.20 yesterday.

Posted-In: profitEarnings News


Related Articles (SVNLY)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at