April 24, 2024 05:28 GMT
Handelsbanken 1Q24: Miss On Weaker Revenues But Credit Metrics Appear More Positive
FINANCIALS
Handelsbanken 1Q24 headlines; looks a miss on weaker revenues (like DNB yesterday). Positively for credit,CET1 broadly inline and loan losses were, in fact, recoveries. More to follow:
- HANDELSBANKEN 1Q NET INCOME SEK6.60B, EST. SEK6.75B
- HANDELSBANKEN 1Q NET INTEREST INCOME SEK11.59B, EST. SEK11.98B
- HANDELSBANKEN 1Q CET1 RATIO 18.8%, EST. 18.9%
- HANDELSBANKEN 1Q OPER PROFIT SEK8.27B, EST. SEK9.32B
- HANDELSBANKEN 1Q NET CREDIT RECOVERIES SEK95M
- Handelsbanken: Quarter Marked by Expenses Rising Faster Than Income
- Handelsbanken: Net Interest Income Negatively Impacted by Narrowing Margins
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