Svenska Handelsbanken released this morning its Q4 16 earnings results. Total income was SEK10.12bn, 1.5% higher than expectations with the beat being high quality as both net interest income and fees/commissions were higher than consensus forecasts. The flip side of the coin was total expenses at SEK4.61bn which were 2% higher than expectations. Loan losses on their side, at SEK832m, were SEK367m higher than expectations. All in all, the operating profit at SEK4.7bn is 6% short of expectatio
08 Feb 2017
Net interest income definitely bottoming out...
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Net interest income definitely bottoming out...
Svenska Handelsbanken AB Class A (SVHH:FRA) | 0 0 0.4% | Mkt Cap: 224,809m
- Published:
08 Feb 2017 -
Author:
Farhad Moshiri -
Pages:
3
Svenska Handelsbanken released this morning its Q4 16 earnings results. Total income was SEK10.12bn, 1.5% higher than expectations with the beat being high quality as both net interest income and fees/commissions were higher than consensus forecasts. The flip side of the coin was total expenses at SEK4.61bn which were 2% higher than expectations. Loan losses on their side, at SEK832m, were SEK367m higher than expectations. All in all, the operating profit at SEK4.7bn is 6% short of expectatio