Handelsbanken's Interim Report January - September 2025

22 Oct 2025 07:00 CEST

Q3 2025
(Q2 2025)

· Operating profit climbed by 8% to SEK 7,768m (7,164)
· Return on equity improved to 13.3% (12.7)
· Earnings per share grew to SEK 3.00 (2.77)
· The C/I ratio improved to 40.5% (44.2)
· The credit loss ratio (net reversals) amounted to   -0.01% (-0.03)
· The common equity tier 1 ratio was 18.2% (18.4)

January - September 2025
(January - September 2024)

· Operating profit was SEK 23,068m (25,839)
· Return on equity was 13.0% (14.8)
· Earnings per share amounted to SEK 8.97 (10.41)
· The C/I ratio was 41.7% (40.7)
· The credit loss ratio (net reversals) amounted to   -0.01% (-0.02)
· The common equity tier 1 ratio was 18.2% (18.8)

Income growth and high levels of customer satisfaction
Asset management volumes climbed in all home markets and lending volumes
increased in the majority of them, particularly the UK and the Netherlands.
However, lower short-term market rates led to a slide in interest rate margins
during the quarter. Customers' appreciation of the Bank's decentralised, local
and customer-centric business model contributed to accolades such as "Business
Bank of the Year" and "Sweden's Small Enterprise Bank". In this year's SKI/EPSI
surveys, the Bank's overall customer satisfaction was higher than both the
sector average and its major competitors in all home markets.


Trimmed expenses and good credit quality

The heightened focus over the past year on improving efficiency, especially
within central departments and business support units, has not only improved the
C/I ratio, but also brought with it an improvement to general cost awareness.
The C/I ratio improved in all home markets during the quarter. Credit quality
remains good, and credit losses consisted of net reversals for the seventh
consecutive quarter.


A position of financial strength

After anticipated dividends, the common equity tier 1 ratio amounted to 18.2%,
corresponding to 3.5 percentage points over the amount required by the Swedish
Financial Supervisory Authority and thus 0.5 percentage points over the Bank's
long-term target range of 1-3 percentage points over the requirement. During the
first nine months of the year, anticipated dividends were SEK 10.65 per share,
equivalent to 119% of profit for the period. The Bank's credit ratings with the
leading rating agencies remained the highest overall among peer banks globally,
and Handelsbanken was ranked as one of the world's safest commercial banks
during the quarter.
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Information regarding the press conference
A press conference will be held on 22 October 2025 at 08:15 a.m. CET.
Press releases, presentations, a fact book and a recording of the press
conference will be available at handelsbanken.com/ir.

For further information, please contact:
Michael Green, President and Chief Executive Officer
Tel: +46 (0)8 22 92 20

Mårten Bjurman, CFO
Tel: +46 (0)8 22 92 20

Peter Grabe, Head of Investor Relations
Tel: +46 (0)70 559 11 67, peter.grabe@handelsbanken.se


This information is of the type that Svenska Handelsbanken AB 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 07:00 a.m. CET on 22 October 2025.


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

More information:
Access the news on Oslo Bors NewsWeb site

657633_Press_release_Q3_2025.pdf
657633_Interim_report_Q3_2025.pdf