Market Overview

Handelsbanken Posts Upbeat Q1 Profit


Svenska Handelsbanken AB (OTC: SVNLY) reported a gain in its first-quarter net profit.

Svenska Handelsbanken's quarterly net profit surged to SEK3.47 billion, versus SEK3.27 billion, in the year-ago period. However, analysts were expecting a profit of SEK3.24 billion.

Its net interest income declined to SEK6.54 billion from SEK6.56 billion, while taxes dropped to SEK885 million from SEK1.24 billion.

Svenska Handelsbanken shares closed at $20.61 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