Svenska Handelsbanken AB (publ) Price & Performance (SVNLF)

Svenska Handelsbanken reported an operating profit of SEK 8.1 billion in Q1 2025, with a return on equity of 13%. While revenue fell 3.5% year-over-year and net interest income slipped, cost reductions and improved fee income supported performance. The bank’s strong capital position and prudent risk management remain key strengths amid macro uncertainty.123

Shares in Handelsbanken surged 7% following its Q1 earnings, leading gains on the OMXS30 and boosting Sweden’s banking sector. SEB and Swedbank also rose over 2%. The rally helped lift the OMXS index by 1.3%, offsetting steep losses in other sectors, notably Evolution’s sharp decline.45

Handelsbanken increased its dividend to $0.7123 per share, reflecting confidence in its financial outlook. The bank’s robust capital ratios, low credit losses, and improved cost/income ratio underpin the move, even as analysts note challenges from declining net interest income and ongoing macroeconomic risks.678