Svenska Handelsbanken AB (publ) (SHB-A.ST)
Stockholm, SE
Svenska Handelsbanken AB (publ), established in Stockholm, Sweden in 1871, delivers a comprehensive array of banking products and services to both individual and corporate clients. While its core markets include Sweden, the United Kingdom, Norway, and the Netherlands, the bank also maintains operations across various other countries such as the United States, Luxembourg, China, Germany, France, and Poland. Its extensive financial offerings encompass diverse account types, from standard savings, transaction, business, and investment accounts to specialized options for cash pooling, forestry, and agriculture. Clients can access various lending solutions, including mortgages, committed loans, and personal loans, alongside investment vehicles like mutual funds and pension schemes. The bank also issues credit and debit cards and provides payment and reconciliation services. Beyond traditional banking, Handelsbanken facilitates financing for a wide range of investments, covering equipment, vehicles, real estate, and general inventory, with specialized options like green loans and advisory services. Its portfolio further extends to insurance products (medical care, group health, travel), dedicated banking services for the forestry and farming sectors, and robust online and mobile banking platforms. For its corporate clientele, the institution provides essential services such as transaction management, trade finance, cash management, risk management, and foreign exchange. Moreover, it offers banking solutions tailored for children and young people. The bank maintains a significant physical presence through a network of approximately 214 branches in Sweden, 196 in Great Britain, 41 in Norway, 42 in Denmark, 27 in Finland, and 28 in the Netherlands.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.55% | -1.05% | +4.52% | -5.64% | +4.24% | +0.37% | +5.16% | +59.14% | +46.75% | +27.76% | +279.03% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 1 | 0 |
| Hold | 6 | 0 |
| Sell | 5 | 0 |
| Strong Sell | 5 | 0 |
-
Revenue growth+130.5% Q1'26: +118.9% (vs Q1'25)
-
EPS growth-13.6% Q1'26: +0.6% (vs Q1'25)
-
FCF margin— Q1'26: -272.9% (vs Q1'25)
-
EBIT margin— Q1'26: +25.3% (vs Q1'25)
-
ROIC— Q1'26: +1.8% (vs Q1'25)
-
Share dilution+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA— Q1'26: 52.02× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 15 Rev. Ana. 13 EPS Ana. |
Dec 2027 15 Rev. Ana. 14 EPS Ana. |
Dec 2028 14 Rev. Ana. 13 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
39.11B
est: 39.91B (-2.0%)
|
40.74B
est: 40.35B (+1.0%)
|
41.66B
est: 41.35B (+0.8%)
|
42.93B
est: 43.44B (-1.2%)
|
44.53B
est: 44.43B (+0.2%)
|
44.23B
est: 43.90B (+0.8%)
|
42.88B
est: 46.25B (-7.3%)
|
49.20B
est: 49.76B (-1.1%)
|
62.13B
est: 63.07B (-1.5%)
|
62.31B
est: 61.32B (+1.6%)
|
143.64B
est: 56.56B (+153.9%)
|
56.90B
53.46B – 58.49B
+0.6% YoY
|
58.30B
56.84B – 61.36B
+2.5% YoY
|
60.19B
60.11B – 60.27B
+3.2% YoY
|
| EBITDA |
20.95B
est: 18.43B (+13.6%)
|
21.10B
est: 18.64B (+13.2%)
|
21.63B
est: 19.10B (+13.3%)
|
22.73B
est: 20.06B (+13.3%)
|
23.43B
est: 20.52B (+14.2%)
|
20.75B
est: 20.27B (+2.3%)
|
25.53B
est: 21.36B (+19.5%)
|
31.14B
est: 22.98B (+35.5%)
|
38.01B
est: 26.09B (+45.7%)
|
—
est: 25.37B (-100.0%)
|
32.77B
est: 23.40B (+40.1%)
|
23.54B
22.11B – 24.19B
+0.6% YoY
|
24.12B
23.51B – 25.38B
+2.5% YoY
|
24.90B
24.87B – 24.93B
+3.2% YoY
|
| EBIT |
20.46B
est: 17.03B (+20.1%)
|
20.61B
est: 17.21B (+19.7%)
|
21.01B
est: 17.64B (+19.1%)
|
22.01B
est: 18.53B (+18.8%)
|
21.76B
est: 18.95B (+14.8%)
|
18.78B
est: 18.73B (+0.3%)
|
23.41B
est: 19.73B (+18.7%)
|
26.84B
est: 21.23B (+26.4%)
|
36.27B
est: 24.20B (+49.9%)
|
-2.00B
est: 23.53B (-108.5%)
|
30.75B
est: 21.70B (+41.7%)
|
21.83B
20.51B – 22.44B
+0.6% YoY
|
22.37B
21.81B – 23.54B
+2.5% YoY
|
23.09B
23.06B – 23.12B
+3.2% YoY
|
| Net Income |
16.34B
est: 14.60B (+11.9%)
|
16.24B
est: 14.03B (+15.8%)
|
16.10B
est: 14.13B (+13.9%)
|
17.35B
est: 14.28B (+21.5%)
|
16.92B
est: 14.24B (+18.8%)
|
15.59B
est: 13.51B (+15.4%)
|
19.53B
est: 16.80B (+16.3%)
|
21.68B
est: 18.49B (+17.2%)
|
29.11B
est: 27.52B (+5.8%)
|
27.45B
est: 23.49B (+16.9%)
|
23.73B
est: 21.62B (+9.7%)
|
22.70B
20.59B – 23.79B
+5.0% YoY
|
23.54B
22.19B – 25.79B
+3.7% YoY
|
24.40B
22.14B – 27.35B
+3.6% YoY
|
| SGA |
786.00M
est: 2.24B (-64.9%)
|
820.00M
est: 2.26B (-63.8%)
|
826.00M
est: 2.32B (-64.4%)
|
929.00M
est: 2.44B (-61.9%)
|
1.06B
est: 2.49B (-57.5%)
|
723.00M
est: 2.46B (-70.6%)
|
563.00M
est: 2.59B (-78.3%)
|
—
est: 2.79B (-100.0%)
|
15.31B
est: 4.69B (+226.3%)
|
282.00M
est: 4.56B (-93.8%)
|
15.50B
est: 4.21B (+268.3%)
|
4.23B
3.98B – 4.35B
+0.6% YoY
|
4.34B
4.23B – 4.56B
+2.5% YoY
|
4.48B
4.47B – 4.48B
+3.2% YoY
|
| EPS |
8.57
est: 7.37 (+16.2%)
|
8.43
est: 7.09 (+19.0%)
|
8.28
est: 7.14 (+16.0%)
|
8.93
est: 7.21 (+23.8%)
|
8.65
est: 7.19 (+20.3%)
|
7.87
est: 6.82 (+15.4%)
|
9.86
est: 8.48 (+16.2%)
|
10.95
est: 9.34 (+17.3%)
|
14.70
est: 13.90 (+5.8%)
|
13.86
est: 11.88 (+16.7%)
|
11.98
est: 10.93 (+9.6%)
|
11.46
10.40 – 12.01
+4.8% YoY
|
11.90
11.20 – 13.03
+3.9% YoY
|
12.35
11.18 – 13.82
+3.8% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-28 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-27 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-26 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-25 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-22 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-21 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-20 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-19 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-18 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-15 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-13 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-12 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-11 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-08 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-07 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-06 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-05 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-04 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-30 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-29 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-28 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-27 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-24 | B- | 2/5 | 1/5 | 4/5 | 3/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-23 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-22 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-21 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-20 | B- | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-17 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Sweden ETF EWD | 2.79% | 14.27M | 0.51% |
| 2 | iShares OMX Stockholm Capped UCITS ETF OM3X.DE | 2.45% | 5.26M | 0.10% |
| 3 | Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF Acc AEJ.L | 2.09% | 19.01M | 0.60% |
| 4 | Franklin International Dividend Booster Index ETF XIDV | 1.39% | 614.2K | 0.19% |
| 5 | BMO Low Volatility International Equity ETF ZLI.TO | 1.36% | 2.74M | 0.45% |
| 6 | Fidelity International High Dividend ETF FCID.TO | 1.36% | 3.33M | 0.50% |
| 7 | Xtrackers MSCI Nordic UCITS ETF 1D XDN0.L | 1.34% | 17.14M | 0.30% |
| 8 | Amundi MSCI Nordic UCITS ETF - EUR (C) CN1G.DE | 1.33% | 4.72M | 0.25% |
| 9 | Invesco STOXX Europe 600 Optimised Banks UCITS ETF X7PP.L | 1.14% | 7.67M | 0.20% |
| 10 | iShares STOXX Europe 600 Banks UCITS ETF (DE) EXV1.DE | 0.99% | 38.73M | 0.46% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Michael Green | President & Group Chief Executive Officer | 20M | male |
| Carl Cederschiold | Head of Savings & Financing | 11M | male |
| Goran Stille | Head of Financing | — | male |
| Marten Bjurman | Chief Financial Officer | — | male |
| Martin Wasteson | Chief Legal Officer & Company Secretary | — | male |
| Cecilia Lundin | Head of HR | — | female |
| Monika Bergström | Chief Compliance Officer | — | female |
| Pernilla Eldestrand | Head of Communications | — | female |
| Peter Grabe | Head of Investor Relations | — | male |
| Tommy Bylund | Senior Vice President | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for SHB-A.ST
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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