SHBBS Stock Overview

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. More details

SHBBS fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	5/6

Rewards

Trading at 46.7% below our estimate of its fair value

Earnings grew by 22.6% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 9.9% per year for the next 3 years

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Svenska Handelsbanken AB (publ) Competitors

Standard Chartered

LSE:STAN

UK£24.1b

NatWest Group

LSE:NWG

UK£32.4b

Lloyds Banking Group

LSE:LLOY

UK£33.2b

Barclays

LSE:BARC

UK£38.4b

Price History & Performance

Summary of share price highs, lows and changes for Svenska Handelsbanken
Historical stock prices
Current Share Price	SEK 154.00
52 Week High	SEK 154.00
52 Week Low	SEK 154.00
Beta	0.58
1 Month Change	0%
3 Month Change	0.72%
1 Year Change	n/a
3 Year Change	53.54%
5 Year Change	61.93%
Change since IPO	118.34%

Recent updates

Shareholder Returns

	SHBBS	GB Banks	GB Market
7D	0%	0.8%	-1.5%
1Y	n/a	35.4%	3.5%

Return vs Industry: Insufficient data to determine how SHBBS performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how SHBBS performed against the UK Market.

Price Volatility

Is SHBBS's price volatile compared to industry and market?
SHBBS volatility
SHBBS Average Weekly Movement	n/a
Banks Industry Average Movement	3.7%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: SHBBS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SHBBS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1871	12,200	Michael Green	www.handelsbanken.se

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services. It also provides financing for investments, such as equipment, cars, computers, and other inventories, as well as vehicle and real estate financing services; green loans and advisor services; investment and other financing services; medical care, and group and health insurance products; forestry and farming banking products; and online and mobile banking services, as well as various banking services for children and young people.

Svenska Handelsbanken AB (publ) Fundamentals Summary

How do Svenska Handelsbanken's earnings and revenue compare to its market cap?
SHBBS fundamental statistics
Market cap	SEK 199.26b
Earnings (TTM)	SEK 27.71b
Revenue (TTM)	SEK 62.58b

7.2x

P/E Ratio

1.0x

P/B Ratio

Is SHBBS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHBBS income statement (TTM)
Revenue	SEK 62.58b
Cost of Revenue	SEK 0
Gross Profit	SEK 62.58b
Other Expenses	SEK 34.87b
Earnings	SEK 27.71b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 17, 2024

Earnings per share (EPS)	13.99
Gross Margin	100.00%
Net Profit Margin	44.27%
Debt/Equity Ratio	928.0%

How did SHBBS perform over the long term?

See historical performance and comparison

Dividends

13.0%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/06/16 09:39
End of Day Share Price	2024/03/19 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Magnus Andersson	ABG Sundal Collier
Farhad Moshiri	AlphaValue
Pierre-Yves Gauthier	AlphaValue