Svenska Handelsbanken AB announced group and parent company earnings results for the first quarter ended March 31, 2013. For the quarter, the group reported net interest income of SEK 6,541 million against SEK 6,560 million a year ago. Total income was SEK 8,800 million against SEK 8,866 million a year ago. Income fell by 1% to SEK 8,800 million, primarily due to lower net gains/losses on financial transactions. Interest income was SEK 13,777 million against SEK 16,832 million a year ago. Profit before loan losses was SEK 4,618 million against SEK 4,749 million a year ago. Operating profit was SEK 4,336 million against SEK 4,458 million a year ago. Profit for the period from continuing operations was SEK 3,451 million or SEK 5.39 per diluted share against 3,216 million or SEK 5.03 per diluted share a year ago. Profit for the period attributable to shareholders in the company was SEK 3,466 million or SEK 5.41 per diluted share against SEK 3,265 million or SEK 5.10 per diluted share a year ago. Return on equity for total operations were 13.8% against 14.1% a year ago. For the quarter, the parent company reported net interest income of SEK 3,897 million against SEK 4,155 million a year ago. Total income was SEK 6,129 million against SEK 6,154 million a year ago. Profit before loan losses was SEK 2,162 million against SEK 2,285 million a year ago. Operating profit was SEK 1,888 million against SEK 2,028 million a year ago. Profit before tax was SEK 6,081 million against SEK 2,054 million a year ago. Profit for the period was SEK 4,721 million share against SEK 1,475 million a year ago.

Svenska Handelsbanken AB announced consolidated earnings results for the fourth of 2012. For the quarter, the company reported net interest income of SEK 6,484 million against SEK 6,357 million a year ago. Total income was SEK 8,891 million against SEK 8,374 million a year ago. Profit before loan losses was SEK 4,345 million against SEK 4,352 million a year ago. Operating profit was SEK 3,948 million against SEK 4,110 million a year ago. Profit for the period from continuing operations was SEK 4,348 million against 3,014 million a year ago. Profit for the period attributable to shareholders in Svenska Handelsbanken AB was SEK 4,283 million against SEK 3,046 million a year ago. Earnings per share, continuing operations after dilution were SEK 6.88 against SEK 4.83 a year ago. Return on equity, continuing operations were 17.8%.

Svenska Handelsbanken AB, Q1 2013 Earnings Call, Apr 24, 2013