Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, Denmark, Finland, and the Netherlands. More Details
No risks detected for SHB A from our risk checks.
6 star dividend payer with mediocre balance sheet.
Share Price & News
How has Svenska Handelsbanken's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHB A is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SHB A's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SHB A underperformed the Swedish Banks industry which returned 11.4% over the past year.
Return vs Market: SHB A underperformed the Swedish Market which returned 19.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Svenska Handelsbanken's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StKey Things To Consider Before Buying Svenska Handelsbanken AB (publ) (STO:SHB A) For Its Dividend
4 months ago | Simply Wall StInsider Buying: The Svenska Handelsbanken AB (publ) (STO:SHB A) Independent Vice Chairman of the Board Just Bought 4.8% More Shares
4 months ago | Simply Wall StResults: Svenska Handelsbanken AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates
Is Svenska Handelsbanken undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SHB A (SEK88.58) is trading above our estimate of fair value (SEK66.45)
Significantly Below Fair Value: SHB A is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SHB A is good value based on its PE Ratio (11.2x) compared to the SE Banks industry average (12.1x).
PE vs Market: SHB A is good value based on its PE Ratio (11.2x) compared to the Swedish market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: SHB A is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: SHB A's PB Ratio (1x) is in line with the SE Banks industry average.
How is Svenska Handelsbanken forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHB A's forecast earnings growth (7.7% per year) is above the savings rate (0.5%).
Earnings vs Market: SHB A's earnings (7.7% per year) are forecast to grow slower than the Swedish market (11.5% per year).
High Growth Earnings: SHB A's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHB A's revenue (2.3% per year) is forecast to grow slower than the Swedish market (3.4% per year).
High Growth Revenue: SHB A's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHB A's Return on Equity is forecast to be low in 3 years time (10%).
How has Svenska Handelsbanken performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHB A has high quality earnings.
Growing Profit Margin: SHB A's current net profit margins (35.9%) are lower than last year (38.4%).
Past Earnings Growth Analysis
Earnings Trend: SHB A's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: SHB A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHB A had negative earnings growth (-5.8%) over the past year, making it difficult to compare to the Banks industry average (-12.8%).
Return on Equity
High ROE: SHB A's Return on Equity (9.3%) is considered low.
How is Svenska Handelsbanken's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SHB A's Assets to Equity ratio (19.9x) is moderate.
Allowance for Bad Loans: SHB A has a low allowance for bad loans (48%).
Low Risk Liabilities: 56% of SHB A's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SHB A has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: SHB A's Loans to Deposits ratio (168%) is high.
Level of Bad Loans: SHB A has an appropriate level of bad loans (0.3%).
What is Svenska Handelsbanken current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHB A's dividend (6.21%) is higher than the bottom 25% of dividend payers in the Swedish market (1.1%).
High Dividend: SHB A's dividend (6.21%) is in the top 25% of dividend payers in the Swedish market (3.8%)
Stability and Growth of Payments
Stable Dividend: SHB A's dividends per share have been stable in the past 10 years.
Growing Dividend: SHB A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.8%), SHB A's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHB A's dividends in 3 years are forecast to be covered by earnings (60.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Carina Åkerström (58 yo)
Ms. Carina Åkerström has been President, Group Chief Executive and Executive Director of Svenska Handelsbanken AB (publ) since March 27, 2019. Ms. Åkerström served as Deputy Group Chief Executive at Svensk...
CEO Compensation Analysis
Compensation vs Market: Carina's total compensation ($USD1.47M) is about average for companies of similar size in the Swedish market ($USD1.95M).
Compensation vs Earnings: Carina's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive Officer||no data||no data||0.00018% |
|Group CFO & Executive Director||0.67yr||no data||no data|
|Chief Information Officer of IT & Infrastructure||0.83yr||no data||no data|
|Head of Investor Relations||3.25yrs||no data||no data|
|Chief Legal Officer of Group Legal||5.75yrs||no data||no data|
|Chief Compliance Officer & Executive Director||0.75yr||no data||no data|
|Chief Communications Officer of Group Communications & Sustainability and Executive Director||no data||no data||no data|
|Group Chief Human Resources Officer & Executive Director||1.67yrs||no data||0.00010% |
|Head of Retail & E-Services||9.83yrs||no data||no data|
|Senior Vice President||no data||no data||no data|
|Chief Credit Officer of Group Credits & Executive Director||6.58yrs||no data||no data|
Experienced Management: SHB A's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||17.92yrs||no data||0.00019% |
|Independent Vice Chairman of the Board||12.67yrs||no data||1.15% |
|Independent Chairman of the Board||5.75yrs||no data||0.0050% |
|Chairman of Handel Och Industri||11.92yrs||no data||no data|
|Chairman of Norway Regional Bank||no data||no data||no data|
|Chairman of Southern Sweden Regional Bank||no data||no data||no data|
|Chairman of Central Sweden Regional Bank||no data||no data||no data|
|Chairman of Eastern Sweden Regional Bank||no data||no data||no data|
|Chairman of Western Sweden Regional Bank||no data||no data||no data|
|Chairman of Finland Regional Bank||no data||no data||no data|
|Chairman of Northern Sweden Regional Bank||no data||no data||no data|
Experienced Board: SHB A's board of directors are seasoned and experienced ( 11.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SHB A insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Svenska Handelsbanken AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Svenska Handelsbanken AB (publ)
- Ticker: SHB A
- Exchange: OM
- Founded: 1871
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: kr174.687b
- Shares outstanding: 1.98b
- Website: https://www.handelsbanken.se
Number of Employees
- Svenska Handelsbanken AB (publ)
- Kungsträdgårdsgatan 2
- Stockholm County
- 106 70
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SVNL.F||OTCPK (Pink Sheets LLC)||Yes||Class A Ordinary Shares||US||USD||Jan 1981|
|SHB A||OM (OMX Nordic Exchange Stockholm)||Yes||Class A Ordinary Shares||SE||SEK||Jan 1981|
|SVHH||DB (Deutsche Boerse AG)||Yes||Class A Ordinary Shares||DE||EUR||Jan 1981|
|0R7R||LSE (London Stock Exchange)||Yes||Class A Ordinary Shares||GB||SEK||Jan 1981|
|SHB B||OM (OMX Nordic Exchange Stockholm)||Class B Ordinary Shares||SE||SEK||Jan 1992|
|0R7S||LSE (London Stock Exchange)||Class B Ordinary Shares||GB||SEK||Jan 1992|
|SVHG||DB (Deutsche Boerse AG)||Class B Ordinary Shares||DE||EUR||Jan 1992|
|SVNL.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Oct 2008|
Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, Denmark, Finland, and the Netherlands. Th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 18:38|
|End of Day Share Price||2020/12/02 00:00|
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.