Svenska Handelsbanken AB Class A

SHB A: XSTO (SWE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SEK 633.00	Zjwxtjx	Yklbhcyl

Handelsbanken Posts Strong Q3 As Rates Have Increased; Asset Quality Remains Its Strongest Card

Niklas Kammer

Oct 21, 2022

Narrow-moat Handelsbanken reported strong third-quarter results. Operating profits of SEK 7,277 million grew 39% versus the prior quarter driven primarily by strong net interest income growth. We maintain our fair value estimate of SEK 115 per share.

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