Svenska Handelsbanken AB Class A SVNLF
Morningstar’s Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
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Company Profile
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market, about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K., Denmark, Finland, and the Netherlands. Handelsbanken generates about three quarters of its income through its interest spread based business including mortgages, household loans, as well as corporate loans to large and small enterprises. The bank increasingly offers asset management, mutual fund and private banking services to its clients.
Stockholm, SE-106 70, Sweden