Svenska Handelsbanken AB Class B (SHB.B) AI Stock Analysis

• Market Cap: €242.61B
• Dividend Yield: 3.77%
• Average Volume (3M): 81.48K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 0.82
• Revenue Growth: -12.96%
• EPS Growth: -9.56%
• Country: SE
• Employees: 11,799
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Diversified
• EPS (TTM): 2.80
• Shares Outstanding: 35,251,328
• 10 Day Avg. Volume: 68,201
• 30 Day Avg. Volume: 81,476
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: ―

Svenska Handelsbanken AB's strength lies in its robust financial position, characterized by significant cash reserves and low leverage, which reduce risk exposure. The stock's valuation is favorable with a reasonable P/E ratio and high dividend yield. Technical indicators show mixed signals with potential long-term support. The absence of recent earnings call data limits insights into management's future outlook.

Svenska Handelsbanken AB Class B Business Overview & Revenue Model

Company Description

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, China, Germany, France, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services. It also provides financing for investments, such as equipment, cars, computers, and other inventories, as well as vehicle and real estate financing services; green loans and advisor services; investment and other financing services; medical care, group and health, and travel insurance products; forestry and farming banking products; and online and mobile banking services. In addition, the company offers transaction, trade finance, cash management, risk management, and foreign exchange services, as well as various banking services for children and young people. It operates approximately 214 branches in Sweden, 196 in the Great Britain, 41 in Norway, 42 in Denmark, 27 in Finland, and 28 in the Netherlands. Svenska Handelsbanken AB (publ) was incorporated in 1871 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Svenska Handelsbanken AB generates revenue through several key streams. The primary source of income is interest income derived from loans and mortgages provided to personal and commercial clients. Additionally, the bank earns commission income from asset management services, insurance products, and other financial services. Handelsbanken also benefits from net fees and commissions from payment processing, advisory services, and wealth management. The bank's strong presence in various markets is bolstered by its decentralized approach, allowing branches significant autonomy to cater to local client needs effectively. Furthermore, Handelsbanken's conservative risk management strategy and focus on relationship banking contribute to its stable earnings.

Svenska Handelsbanken AB Class B Financial Statement Overview

Summary

Svenska Handelsbanken AB exhibits a strong financial profile with a solid balance sheet, highlighted by significant cash reserves and low leverage. The income statement shows stable revenue despite a drop in net income, and the cash flow statement reflects effective cash management, though with some volatility in operating cash flows.

Income Statement

Svenska Handelsbanken AB demonstrated stable revenue with a slight increase from the previous year. Net Income decreased from 2023 to 2024, indicating a reduced net profit margin. Despite this, the company maintains a strong position with consistent gross profit margins, but the absence of EBIT and EBITDA figures in 2024 limits comprehensive margin analysis.

Balance Sheet

The bank showcases a solid financial position with a significant amount of cash and cash equivalents exceeding total debt, resulting in a negative net debt. With a strong equity base and an impressive equity ratio, the company's balance sheet reflects financial stability and low leverage, reducing risk exposure.

Cash Flow

The cash flow statement highlights strong free cash flow generation in 2024, supported by robust operating cash flows. The free cash flow to net income ratio indicates effective cash utilization. However, fluctuations in operating cash flow in prior years suggest potential volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	82.57B	62.31B	62.13B	49.20B	42.88B	44.23B
Gross Profit	60.10B	62.31B	62.20B	49.20B	42.88B	44.23B
EBITDA	7.67B	0.00	38.01B	31.14B	25.53B	20.75B
Net Income	25.86B	27.45B	29.11B	21.68B	19.53B	15.59B
Balance Sheet
Total Assets	3.66T	3.54T	3.54T	3.45T	3.35T	3.14T
Cash, Cash Equivalents and Short-Term Investments	631.77B	571.79B	448.71B	480.47B	292.84B	418.97B
Total Debt	1.57T	1.84T	1.57T	1.67T	1.44T	1.40T
Total Liabilities	3.47T	3.33T	3.33T	3.26T	1.44T	2.96T
Stockholders Equity	188.55B	210.02B	205.08B	196.03B	181.71B	171.46B
Cash Flow
Free Cash Flow	72.49B	-33.57B	21.66B	-39.80B	47.65B	85.52B
Operating Cash Flow	73.85B	-32.63B	23.13B	-38.30B	49.38B	87.26B
Investing Cash Flow	17.08B	15.75B	-1.52B	48.21B	-752.00M	220.00M
Financing Cash Flow	-24.00B	-33.41B	-41.80B	-1.05B	-26.80B	8.17B

Svenska Handelsbanken AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 199.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SHB.B, the sentiment is Positive. The current price of 199 is below the 20-day moving average (MA) of 199.97, above the 50-day MA of 196.82, and above the 200-day MA of 176.47, indicating a neutral trend. The MACD of -0.20 indicates Positive momentum. The RSI at 50.77 is Neutral, neither overbought nor oversold. The STOCH value of 70.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SHB.B.

Svenska Handelsbanken AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AZA	82 Outperform	53.63B	21.45	0.00%	3.44%	8.63%	20.64%
SHB.B	77 Outperform	€242.61B	15.42		3.77%	-12.96%	-9.56%
SWED.A	75 Outperform	309.18B	9.06	0.00%	7.87%	-7.47%	-1.55%
SEB.A	73 Outperform	365.91B	11.04	0.00%	4.71%	-7.62%	-10.61%
SHB.A	70 Outperform	242.61B	9.17	0.00%	12.39%	-12.96%	-9.56%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%