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Svenska Handelsbanken AB Class A SHB A Stock Quote

Morningstar Rating
| Rating as of

XSTO: SHB A

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Market Closed

| Currency in SEK

  • Last Close 99.30
  • Sector Financial Services
  • Industry Banks - Diversified
  • Investment Style Large Value
  • Day Range 98.72  –  99.64
  • Year Range 83.92  –  112.90
  • Market Cap 196.6168 Bil
  • Volume / Avg 5.1 Mil /  4.3 Mil
  • Price / Sales 3.46
  • Price / Book 1.00
  • Forward Div Yield 6.19%
  • Trailing Div Yield 4.53%

Morningstar‘s Stock Analysis SHB A

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Svenska Handelsbanken: A High-Quality European Bank

Niklas Kammer Equity Analyst

Business Strategy and Outlook

| Niklas Kammer |

Handelsbanken's predominant feature is a decentralised approach to banking, which gives higher decision-making power to its branches and reduces the need for middle management. This generates stronger customer relationships, allowing for better loan underwriting, which keeps credit costs low. We believe Handelsbanken is one of the best-run banks in Europe. While we acknowledge it has been late to the digital game relative to peers and its business model does not lend itself to a centralised efficiency splurge, we think concerns that Handelsbanken has seen its best days are exaggerated.

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Key Statistics SHB A

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Company Profile SHB A

Business Description

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. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Contact
Kungstradgardsgatan 2
Stockholm, SE-106 70, SWE
Sector Financial Services
Industry Banks - Diversified
Employees 11,537

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Competitors & Peers SHB A

More on SHB A’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of SHB A’s competitive advantage.

Svenska Handelsbanken AB Class A

XSTO: SHB A

Skandinaviska Enskilda Banken AB Class A

XSTO: SEB A

Swedbank AB Class A

XSTO: SWED A
Price
99.30130.90204.30
Currency
SEKSEKSEK
Change
−$0.20 (0.20%) −$0.75 (0.57%) +$0.10 (0.05%)
Market Cap
196.62 Bil274.11 Bil229.80 Bil
Industry
Banks - Diversified Banks - Regional Banks - Regional
Sector
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Svenska Handelsbanken AB Class A Stock

Yes. SHB A has a forward dividend yield of 5.53%. See SHB A’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

SHB A’s market cap is 196.62 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

SHB A’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

SHB A’s price/sales is 3.46.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

SHB A’s price/forward earnings is 7.85.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

SHB A’s price/book is 1.00.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See SHB A’s valuation ratios compared to the Market Index.

SHB A’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare SHB A’s historical performance against its industry peers and the overall market.