Handelsbanken

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
   

* 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