Svenska Handelsbanken Series A,

Svenska Handelsbanken is a commercial bank for both private and corporate customers. Co. has six home markets: Sweden, the U.K., Denmark, Finland, Norway and the Netherlands. Co. has four business areas: Handelsbanken Capital Markets, which includes operations for investment banking, asset management, and also pensions and insurance; Stadshypotek, a mortgage provider; Forestry and Farming, which provides financial advice to forest owners and farmers; and Handelsbanken Direkt, which is engaged in business and product development of standardised banking services for the private and corporate market. At Dec 31 2013, Co. had total assets of SEK 2.49 trillion and deposits of SEK 825.21 billion.
  • TickerSHB A
  • ISINSE0007100599
  • ExchangeNasdaq Nordic Stockholm
  • SectorBanks
  • CountrySweden

Analysts

1 director bought

A director at Svenska Handelsbanken Ab bought 2,000,000 shares at 92.259SEK and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The...

Niklas Kammer

Morningstar | Handelsbanken Reports 1H in Line With Our Expectations; Fair Value Maintained

Narrow-moat Handelsbanken reported first-half 2019 results largely in line with our expectations for the full year. Profit for the period was SEK 9 billion compared with our full-year assumption of SEK 17.5 billion. Cost development was a negative in first-half 2019, however. Excluding Oktogonen provisions for comparability, costs increased 10% vis-a-vis last year, of which 3.5% are related to one-off charges. The largest outlier were anti-money-laundering, or AML, costs, which came in at SEK 252 billion. Although Handelsbanken is not currently known to be involved in the AML issues engulfing ...

SVENSKA HANDBKN.'A' PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of SVENSKA HANDBKN.'A' PLC. (SE), a company active in the Money Center Banks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date July 9, 2019, the closing price was SEK 97.54 and its potential was estimated at SEK 105.25.

Niklas Kammer

Morningstar | We Are Relaunching Coverage of Four Main Nordic Banks; P/FVE Look Attractive but Uncertainty Varies

We are relaunching coverage of four main Nordic banks Handelsbanken, Nordea, SEB, and Swedbank with fair value estimates of SEK 110, SEK 85, SEK 95, and SEK 210, respectively. This corresponds to our four-star ratings for Handelsbanken, Nordea, and Swedbank, while SEB trades in three-star territory. We assign a narrow-moat rating to Handelsbanken and Swedbank based on cost advantages and switching costs. Handelsbanken’s and Swedbank’s strong positions in Sweden--a “good” banking system according to our moat framework--are the foundation of our narrow-moat ratings. Both banks have built strong...

Niklas Kammer

Morningstar | We Are Relaunching Coverage of Four Main Nordic Banks; P/FVE Look Attractive But Uncertainty Varies

We are relaunching coverage of four main Nordic banks Handelsbanken, Nordea, SEB, and Swedbank with fair value estimates of SEK 110, SEK 85, SEK 95, and SEK 210, respectively. This corresponds to our four-star ratings for Handelsbanken, Nordea, and Swedbank, while SEB trades in three-star territory. We assign a narrow-moat rating to Handelsbanken and Swedbank based on cost advantages and switching costs. Handelsbanken’s and Swedbank’s strong positions in Sweden--a “good” banking system according to our moat framework--are the foundation of our narrow-moat ratings. Both banks have built strong...

Niklas Kammer

Morningstar | Handelsbanken Reports 1H in Line With Our Expectations; Fair Value Maintained

Narrow-moat Handelsbanken reported first-half 2019 results largely in line with our expectations for the full year. Profit for the period was SEK 9 billion compared with our full-year assumption of SEK 17.5 billion. Cost development was a negative in first-half 2019, however. Excluding Oktogonen provisions for comparability, costs increased 10% vis-a-vis last year, of which 3.5% are related to one-off charges. The largest outlier were anti-money-laundering, or AML, costs, which came in at SEK 252 billion. Although Handelsbanken is not currently known to be involved in the AML issues engulfing ...

Niklas Kammer

Morningstar | We Are Relaunching Coverage of Four Main Nordic Banks; P/FVE Look Attractive but Uncertainty Varies

We are relaunching coverage of four main Nordic banks Handelsbanken, Nordea, SEB, and Swedbank with fair value estimates of SEK 110, SEK 85, SEK 95, and SEK 210, respectively. This corresponds to our four-star ratings for Handelsbanken, Nordea, and Swedbank, while SEB trades in three-star territory. We assign a narrow-moat rating to Handelsbanken and Swedbank based on cost advantages and switching costs. Handelsbanken’s and Swedbank’s strong positions in Sweden--a “good” banking system according to our moat framework--are the foundation of our narrow-moat ratings. Both banks have built strong...

Niklas Kammer

Morningstar | We Are Relaunching Coverage of Four Main Nordic Banks; P/FVE Look Attractive But Uncertainty Varies

We are relaunching coverage of four main Nordic banks Handelsbanken, Nordea, SEB, and Swedbank with fair value estimates of SEK 110, SEK 85, SEK 95, and SEK 210, respectively. This corresponds to our four-star ratings for Handelsbanken, Nordea, and Swedbank, while SEB trades in three-star territory. We assign a narrow-moat rating to Handelsbanken and Swedbank based on cost advantages and switching costs. Handelsbanken’s and Swedbank’s strong positions in Sweden--a “good” banking system according to our moat framework--are the foundation of our narrow-moat ratings. Both banks have built strong...

Niklas Kammer

We Are Relaunching Coverage of Four Main Nordic Banks; P/FVE Look Attractive But Uncertainty Varies

We are relaunching coverage of four main Nordic banks Handelsbanken, Nordea, SEB, and Swedbank with fair value estimates of SEK 110, SEK 85, SEK 95, and SEK 210, respectively. This corresponds to our four-star ratings for Handelsbanken, Nordea, and Swedbank, while SEB trades in three-star territory. We assign a narrow-moat rating to Handelsbanken and Swedbank based on cost advantages and switching costs. Handelsbanken’s and Swedbank’s strong positions in Sweden--a “good” banking system according...

Niklas Kammer

Morningstar | We Reinitiate on Handelsbanken; Shares Slightly Undervalued

Much has been said about Handelsbanken's business model, some praising it as the gold standard for retail and commercial banking, while others see it as outdated in a time of ever-increasing digital offerings. Its predominant feature is a decentralised approach to banking which gives higher decision-making power to its branches and reduces the need for middle management. Additionally, it 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 and while we acknowledge it has bee...

1 director bought

A director at Svenska Handelsbanken Ab bought 2,000,000 shares at 92.259SEK and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The...

SVENSKA HANDBKN.'A' PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of SVENSKA HANDBKN.'A' PLC. (SE), a company active in the Money Center Banks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date July 9, 2019, the closing price was SEK 97.54 and its potential was estimated at SEK 105.25.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Danske Bank A/S - Strategy, SWOT and Corporate Finance Report

Summary Danske Bank A/S - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Danske Bank A/S (Danske Bank) together with its subsidiaries provides a range of personal, business, and institutional banking products and services. Its portfolio of products and services includes corporate credit cards, mortgage finance, bilateral loans, working capital financing, capex fi...

MarketLine Department

Danske Bank A/S - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Danske Bank A/S Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Danske Bank A/S since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Hig...

MarketLine Department

Swedbank AB - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Swedbank AB Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Swedbank AB since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights ...

MarketLine Department

Nordea Bank AB - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Nordea Bank AB Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Nordea Bank AB since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highl...

MarketLine Department

HSBC Holdings Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's HSBC Holdings Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by HSBC Holdings Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key...

Expert Corporate Governance Service (ECGS)

Svenska HandelsBanken, March 27, 2019

In general, Svenska Handelsbanken ("Handelsbanken") is in compliance with the Swedish regulations relating to the organisation and procedures of the AGM. Under ITEM 16, the nomination committee proposes to increase the remuneration of the board of directors by around 3%. In ECGS' view the current fees are already at the upper level of Swedish market practice for a company with the size and complexity of Handelsbanken and it therefore does not approve of any increases without adequate justification. Since the proposal is not adequately justified, ECGS recommends to vote OPPOSE. Under ITEMS 17...

Svenska – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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