{
Svenska Handelsbanken AB (publ)

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}
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001122334455554433221100

ubs raises handelsbanken target price to sek 99 maintains sell rating

UBS has raised its target price for Svenska Handelsbanken to SEK 99 while maintaining a sell recommendation. The bank, a leading Scandinavian group, derives 96.5% of its income from commercial banking and manages SEK 1,298.5 billion in deposits and SEK 2,282.2 billion in loans as of the end of 2023. Geographically, 64% of its income comes from Sweden, followed by the UK at 21.3%.
MarketScreener
United States Dollar Euro Swedish Krona Norwegian Krone British Pound Sterling UBS AG Svenska Handelsbanken AB (publ) SWE NOR NLD GBR LUX DNK USA Show more
TradFi, Market Report
10:06 24.10.2024

Swedbank and Handelsbanken report stronger than expected lending profits in Q3

Swedbank AB and Svenska Handelsbanken AB reported stronger-than-expected lending profits in the third quarter, despite a decline in absolute levels due to falling interest rates. Swedbank's net interest income fell 5% year-on-year to 12.23 billion kronor, while Handelsbanken's decreased by 3% to 11.76 billion kronor, both surpassing analyst forecasts.
Bloomberg.com
Swedish Krona Swedbank AB (publ) Svenska Handelsbanken AB (publ) SWE
Finance & Economy, Market Report
07:23 23.10.2024
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