Handelsbanken's interim report January - March 2023

26 Apr 2023 06:30 CEST

January - March 2023

· Good capital situation and liquidity position create long-term stability
· 57% increase to underlying profit compared with previous year
· Income climbing and costs well under control
· Improved C/I ratio together with intensified investment rate in growth
initiatives and profitability-generating IT development and business development
· Good credit quality with a credit loss ratio of 0.01%
· 15.0% return on equity


[image] * Items affecting comparability: Funding costs related to discontinued
operations in Finland (net interest income) SEK -295m (Q4 2022), SEK 125m (Q1
2022); Oktogonen (staff costs) SEK -202m (Q1 2023), SEK -51m (Q4 2022), SEK -87m
(Q1 2022); payroll tax on pensions (staff costs) SEK -152m (Q4 2022); capital
gains from real estate sales (other income) SEK 1,059m (Q1 2022) and foreign
exchange effects, which are presented in the tables on pages 6 and 8,
respectively.

The slide presentation for today's press conference will be available at 06:30
a.m. CET

at handelsbanken.com/ir

For further information, please contact:

Carina Åkerström, President and Group Chief Executive

Tel: +46 (0)8 22 92 20

Carl Cederschiöld, CFO

Tel: +46 (0)8 22 92 20

Peter Grabe, Head of Investor Relations

Tel: +46 (0)8 701 11 67, peter.grabe@handelsbanken.se

This information is of the type that Handelsbanken is obliged to make public
pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets
Act. The information was submitted for publication through the agency of the
contact person set out above, at 06:30 a.m. CET on 26 April 2023.

For more information about Handelsbanken, please go to: handelsbanken.com

More information:
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588501_The_full_report_PDF_.pdf