Svenska Handelsbanken AB (publ)

BRSE:SVHH Stock Report

Market Cap: CHF 15.1b

Svenska Handelsbanken Management

Management criteria checks 4/4

Svenska Handelsbanken's CEO is Carina Akerstrom, appointed in Mar 2019, has a tenure of 4.33 years. total yearly compensation is SEK19.50M, comprised of 71.8% salary and 28.2% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth CHF369.37K. The average tenure of the management team and the board of directors is 2.7 years and 3.8 years respectively.

Key information

Carina Akerstrom

Chief executive officer

SEK 19.5m

Total compensation

CEO salary percentage71.8%
CEO tenure4.3yrs
CEO ownership0.002%
Management average tenure2.7yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Carina Akerstrom's remuneration changed compared to Svenska Handelsbanken's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

SEK 25b

Mar 31 2023n/an/a

SEK 22b

Dec 31 2022SEK 20mSEK 14m

SEK 21b

Sep 30 2022n/an/a

SEK 20b

Jun 30 2022n/an/a

SEK 20b

Mar 31 2022n/an/a

SEK 20b

Dec 31 2021SEK 18mSEK 13m

SEK 19b

Sep 30 2021n/an/a

SEK 17b

Jun 30 2021n/an/a

SEK 15b

Mar 31 2021n/an/a

SEK 15b

Dec 31 2020SEK 17mSEK 13m

SEK 15b

Sep 30 2020n/an/a

SEK 16b

Jun 30 2020n/an/a

SEK 16b

Mar 31 2020n/an/a

SEK 16b

Dec 31 2019SEK 15mSEK 11m

SEK 17b

Sep 30 2019n/an/a

SEK 17b

Jun 30 2019n/an/a

SEK 17b

Mar 31 2019n/an/a

SEK 18b

Dec 31 2018SEK 9mSEK 5m

SEK 17b

Sep 30 2018n/an/a

SEK 17b

Jun 30 2018n/an/a

SEK 17b

Mar 31 2018n/an/a

SEK 16b

Dec 31 2017SEK 8mSEK 5m

SEK 16b

Sep 30 2017n/an/a

SEK 16b

Jun 30 2017n/an/a

SEK 16b

Mar 31 2017n/an/a

SEK 16b

Dec 31 2016SEK 8mSEK 5m

SEK 16b

Compensation vs Market: Carina's total compensation ($USD1.85M) is below average for companies of similar size in the Swiss market ($USD6.38M).

Compensation vs Earnings: Carina's compensation has been consistent with company performance over the past year.

CEO

Carina Akerstrom (61 yo)

4.3yrs

Tenure

SEK 19,500,000

Compensation

Ms. Carina Akerstrom has been President, Group Chief Executive and Executive Director of Svenska Handelsbanken AB (publ) since March 27, 2019. She serves as a Member of the Council at Stiftelsen Det Norske...

Leadership Team

NamePositionTenureCompensationOwnership
Carina Akerstrom
President4.3yrsSEK 19.50m0.0024%
CHF 369.4k
Carl Cederschiold
CFO, Deputy CEO & Executive VP3.3yrsSEK 9.60m0%
CHF 0
Per Beckman
Deputy CEO1.8yrsSEK 10.20mno data
Mattias Forsberg
Chief Information Officer & Executive Director3.4yrsno datano data
Peter Grabe
Head of Investor Relationsno datano datano data
Martin Wasteson
Chief Legal Officer & Company Secretary8.3yrsno datano data
Monika Bergström
Chief Compliance Officer1.3yrsno datano data
Louise Sander
Chief Communication Officer & Head of Group Communication2yrsno data0.000040%
CHF 6.1k
Cecilia Lundin
Chief Human Resources Officerless than a yearno datano data
Tommy Bylund
Senior Vice Presidentno datano datano data
Goran Stille
Head of Financing2.7yrsno datano data
Charlotte Skog
Executive Officerno datano datano data

2.7yrs

Average Tenure

57yo

Average Age

Experienced Management: SVHH's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Carina Akerstrom
President4.3yrsSEK 19.50m0.0024%
CHF 369.4k
Jon Baksaas
Independent Director20.5yrsSEK 1.87m0.00019%
CHF 28.8k
Fredrik Lundberg
Deputy Chairman of the Board21.5yrsSEK 1.48m4%
CHF 606.1m
Ulf Riese
Independent Director3.3yrsSEK 2.51m0.0091%
CHF 1.4m
Kerstin Hessius
Independent Director7.3yrsSEK 1.29m0.00044%
CHF 66.6k
Par Boman
Independent Chairman of the Board17.5yrsSEK 5.65m0.0073%
CHF 1.1m
Hans Biorck
Independent Director5.3yrsSEK 2.21m0.00025%
CHF 37.8k
Arja Taaveniku
Independent Director3.3yrsSEK 1.19m0.00015%
CHF 22.7k
Stina Bergfors
Independent Director2.3yrsSEK 1.19mno data
Helene Barnekow
Independent Director1.3yrsSEK 745.00k0.000050%
CHF 7.6k
Anna Qvarfordt
Employee Representative Director3.3yrsno data0.0013%
CHF 189.2k
Lena Renstrom
Employee Representative Director3.3yrsno data0.0015%
CHF 233.1k

3.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: SVHH's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/30 06:59
End of Day Share Price 2023/05/02 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Svenska Handelsbanken AB (publ) is covered by 45 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Magnus AnderssonABG Sundal Collier
Farhad MoshiriAlphaValue
Pierre-Yves GauthierAlphaValue