Svenska Handelsbanken AB (publ) (SVNLY) Stock

About Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) delivers a comprehensive range of banking solutions to both individual and institutional clients, primarily operating across key markets such as Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, China, Germany, France, and Poland. Its extensive product portfolio encompasses various account types, including savings, transaction, business, currency, and investment accounts, alongside specialized options for cash pooling, forestry, and agriculture. The bank also provides diverse lending options, such as mortgages, committed facilities, and personal loans. Customers can access mutual funds, a range of pension plans, and both credit and debit cards, complemented by efficient payment and reconciliation services. Beyond core banking, Handelsbanken extends its offerings to numerous financing solutions, covering investments in equipment, vehicles (including cars), computers, and inventory, as well as real estate. The institution also promotes sustainability through its green loan programs and advisory services, alongside other investment and general financing options. Additionally, it makes available insurance products for medical care, group health, and travel, provides tailored banking services for the forestry and farming sectors, and ensures modern accessibility through online and mobile banking platforms. The bank's corporate clientele benefits from specialized services such as transaction processing, trade finance, cash management, risk management, and foreign exchange. Uniquely, it also caters to younger demographics with dedicated banking services for children and youth. Svenska Handelsbanken maintains a significant physical presence, with a network comprising approximately 214 branches in Sweden, 196 in Great Britain, 41 in Norway, 42 in Denmark, 27 in Finland, and 28 in the Netherlands. Established in 1871, the company's main office is situated in Stockholm, Sweden.

Svenska Handelsbanken AB (publ) is headquartered in SE.

Svenska Handelsbanken AB (publ) (SVNLY) stock trades at $7.48 with a market capitalization of $29.65B. The stock is valued at a price-to-earnings (P/E) ratio of 12.57, price-to-book of 1.60, price-to-sales of 2.16. Over the past 52 weeks the stock has ranged between $6.14 and $8.26, and currently trades 9.4% below its 52-week high. It pays a dividend yielding 12.43%.

On profitability, Svenska Handelsbanken AB (publ) generates a return on equity (ROE) of 12.52%, return on capital employed of 1.19%, an operating margin of 22.62%, a net profit margin of 17.53%.

In its most recent fiscal year, Svenska Handelsbanken AB (publ) reported annual revenue of $143.6B, net profit of $23.7B. Over the last 5 fiscal years, revenue grew at an average annual rate of 29.3%, and net profit grew at an average annual rate of 8.8%.

The balance sheet shows a debt-to-equity ratio of 9.68 (debt more than twice shareholders' equity), a current ratio of 0.45, total assets of $3.39T, $432.7B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

SVNLY has an average daily trading volume of 157,784 shares, a beta of 0.50 (historically less volatile than the overall market).

Official website: www.handelsbanken.com