Svenska Handelsbanken AB Class A
SHB A: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| h!Y | LOCK|s<cDP | LOCK|dC@@>KG |
Handelsbanken Earnings: Credit Loss Reversals and Cost Improvements
Handelsbanken reported third-quarter operating profits of SEK 7,768 million, up 7% versus the same period a year ago. The bank reduced its costs by 4% in the quarter and booked another small reversal of SEK 35 million in net credit loss provisions.
