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Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ)

SHB-B.ST
Svenska Handelsbanken AB (publ)SE flagStockholm Stock Exchange
239.20
SEK
+2.40
- -
288.06BMarket Cap
Svenska Handelsbanken AB (publ)
SHB-B.ST
(Stockholm Stock Exchange)

Recent

price

239.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
16.76
17.55
18.59
19.07
20.08
21.14
21.14
21.43
22.08
22.76
20.38
22.12
24.91
31.33
31.47
28.69
28.68
Revenue per Share
5.91
6.59
7.44
7.51
7.96
8.57
8.43
8.28
8.93
8.65
7.87
9.86
10.95
14.7
13.86
11.98
12
Basic EPS, GAAP
13.73
106.69
5.48
56.6
27.69
-143.42
1.58
19.79
38.67
10.3
43.19
24.06
-20.1
10.78
21.67
-23.93
-26.02
Free Cash Flow per Basic Share
2.67
3
3.24
3.58
5.5
5.83
5.94
5
7.5
5.46
- -
8.42
5
8
13
15
- -
Dividend per Share
47.71
51.22
52.6
56.01
58.42
61.15
63.04
65.76
67.65
70.48
77.87
79.34
84.13
90.95
92.22
89.21
74.92
Book Value per Share
43.66
46.78
51.26
54.35
62.24
62.93
65.9
67.76
67.79
75.96
80.88
87.59
93.75
99.25
101.82
96.65
82.96
Tangible Book Value per Share
1,866
1,869
1,886
1,904
1,907
1,907
1,927
1,944
1,944
1,957
1,980
1,980
1,980
1,980
1,980
1,980
1,980
Basic Weighted Avg Shares
31,285
32,800
35,054
36,318
38,296
40,319
40,738
41,660
42,933
44,532
40,350
43,806
49,328
62,040
62,314
56,805
56,788
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
452
462
464
476
462
487
495
619
713
1,670
1,966
2,118
4,301
1,748
2,435
1,941
1,987
Depreciation Expense
11,025
12,323
14,037
14,295
15,183
16,342
16,244
16,099
17,354
16,922
15,585
19,527
21,676
29,107
27,451
23,727
23,763
Net Income, GAAP
26.82
26.44
18.07
21.64
21.18
20.89
21.33
23.41
21.15
22.35
22.56
19.71
20.24
23.17
22.26
21.97
22.04
Effective Tax Rate (%)
35.24
37.57
40.04
39.36
39.65
40.53
39.87
38.64
40.42
38
38.62
44.58
43.94
46.92
44.05
41.77
41.85
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
1,102,223
1,410,821
1,338,990
1,400,164
1,561,537
1,344,066
1,348,698
1,361,808
1,491,512
1,466,740
1,397,553
1,438,325
1,660,193
1,851,296
1,839,117
1,686,238
1,805,342
LT Debt
88,391
94,524
103,850
111,339
126,827
128,268
136,381
141,604
142,261
159,832
171,473
181,731
194,024
205,086
210,028
199,355
172,228
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
12.81
13.34
14.4
13.89
13.93
14.33
13.64
12.91
13.38
12.56
10.67
12.55
13.39
16.79
15.14
13.21
15.46
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,980
1,980
1,980
Market Capitalization
415,806
458,971
414,618

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
628,708
432,680
573,114
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.6%
3.15%
-5.08%
Free Cash Flow
91.53%
-98.16%
-210.45%
Net Income, GAAP
4.72%
10.26%
-13.57%
Sales/Revenue/Turnover
3.92%
7.71%
-8.84%
Total Cash Common Dividend
- -
30.63%
15.38%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,249
15,452
15,541
16,074
62,314
2025
14,967
13,671
14,144
14,181
56,805
2026
14,792
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.33
3.43
3.64
3.46
13.86
2025
3.19
2.77
- -
3.02
11.98
2026
3.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13
- -
- -
- -
13
2025
- -
- -
- -
- -
15
2026
- -
- -
- -
- -
- -
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Business
Svenska Handelsbanken AB (publ) (SHB-B.ST) operates as a universal bank offering a comprehensive range of financial services to retail, corporate, and institutional clients; these include savings, transaction, business, currency, and investment accounts; mortgage, committed, private, green, equipment, vehicle, and real estate loans; mutual funds; pension products; credit and debit cards; payment and reconciliation services; foreign exchange; asset management; insurance; forestry and farming banking products; online and mobile banking; private banking solutions; corporate finance; trade finance; cash management; and market research. The bank maintains a decentralized structure with branches primarily in its home markets of Sweden, the United Kingdom, Norway, and the Netherlands, alongside operations in over 20 countries including Denmark (operations ceased in 2022), Finland, Luxembourg, and the United States. Founded in 1871 and headquartered in Stockholm, Sweden, at Kungsträdgårdsgatan 2, Handelsbanken emphasizes long-term customer relationships, local decision-making, and prudent risk management across its business segments of corporate banking, retail banking, asset management, capital markets, and investment banking. In recent developments, the bank completed the divestiture of its Finnish private customer, asset management, and investment services operations to S-Bank in December 2024 for approximately EUR 25 million below net book value, involving EUR 2.5 billion in loans and EUR 2 billion in assets under management; it sold its Finnish SME business to Oma Savings Bank and life insurance to Fennia as part of a 2023 agreement, while divesting remaining Finnish loan portfolios to Rocker AB in December 2024 for about EUR 120 million, with closure expected in early 2025. Additionally, Handelsbanken announced executive changes in November 2025, appointing David Haqvinsson as Chief Credit Officer effective January 2026, succeeding Per Beckman upon his retirement in March 2026.