Business Summary
- commercial banking (96.5%);
- investment and market banking (3.5%): financial engineering, activities on the interest, exchange, and stock markets, securities brokerage, etc. The group also develops asset management activity.
At the end of 2023, the group managed SEK 1,298.5 billion in current deposits and SEK 2,282.2 billion in current loans.
Income (including intragroup) is distributed geographically as follows: Sweden (64%), the United Kingdom (21.3%), Norway (8.6%), the Netherlands (3.8%), the United States (1.1%), Luxembourg (0.5%), Denmark (0.1%) and other (0.6%).
Sales per Business
SEK in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Home Markets - Sweden
65.4
%
| 31,884 | 63.5 % | 40,711 | 65.4 % | +27.68% |
Home Markets - United Kingdom
19.5
%
| 8,649 | 17.2 % | 12,121 | 19.5 % | +40.14% |
Home Markets - Norway
8.6
%
| 5,096 | 10.1 % | 5,366 | 8.6 % | +5.30% |
Capital Markets
3.5
%
| 2,212 | 4.4 % | 2,175 | 3.5 % | -1.67% |
Home Markets - The Netherlands
3.5
%
| 1,523 | 3.0 % | 2,157 | 3.5 % | +41.63% |
Other
-0.4
%
| 885 | 1.8 % | -280 | -0.4 % | -131.64% |
Sales per region
SEK in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Sweden
64.1
%
| 32,069 | 63.8 % | 39,928 | 64.1 % | +24.51% |
United Kingdom
21.3
%
| 9,142 | 18.2 % | 13,260 | 21.3 % | +45.04% |
Norway
8.6
%
| 4,884 | 9.7 % | 5,360 | 8.6 % | +9.75% |
Netherlands
3.8
%
| 1,484 | 3.0 % | 2,368 | 3.8 % | +59.57% |
United States
1.1
%
| 521 | 1.0 % | 673 | 1.1 % | +29.17% |
Eliminations
0.7
%
| 1,930 | 3.8 % | 405 | 0.7 % | -79.02% |
Luxembourg
0.5
%
| 226 | 0.4 % | 320 | 0.5 % | +41.59% |
Poland
-0.1
%
| -19 | 0.0 % | -75 | -0.1 % | +294.74% |
Denmark
0.0
%
| 0 | 0.0 % | 9 | 0.0 % | - |
France
0.0
%
| 13 | 0.0 % | 2 | 0.0 % | -84.62% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Michael Green
CEO | Chief Executive Officer | 58 | 93-12-31 |
Director of Finance/CFO | 51 | 20-03-31 | |
Pär Boman
CHM | Chairman | 63 | 90-12-31 |
Mattias Forsberg
CTO | Chief Tech/Sci/R&D Officer | 52 | 20-02-19 |
Monika Bergström
CMP | Compliance Officer | 62 | 06-12-31 |
Ulf Riese
BRD | Director/Board Member | 65 | 82-12-31 |
Peter Grabe
IRC | Investor Relations Contact | - | - |
Martin Noréus
PRN | Corporate Officer/Principal | 50 | 20-02-29 |
Marten Bjurman
AUD | Comptroller/Controller/Auditor | - | - |
Dan Lindwall
PRN | Corporate Officer/Principal | - | 20-03-13 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Director/Board Member | 73 | 17-12-31 | |
Director/Board Member | 73 | 01-12-31 | |
Kerstin Hessius
BRD | Director/Board Member | 66 | 16-03-15 |
Pär Boman
CHM | Chairman | 63 | 90-12-31 |
Ulf Riese
BRD | Director/Board Member | 65 | 82-12-31 |
Director/Board Member | 60 | 21-12-31 | |
Director/Board Member | 52 | 20-12-31 | |
Stefan Henricson
BRD | Director/Board Member | 54 | 19-12-31 |
Anna Hjelmberg
BRD | Director/Board Member | 55 | 19-12-31 |
Lena Renström
BRD | Director/Board Member | 59 | 19-12-31 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 0 | 35,251,329 | 35,251,329 ( 100.00 %) | 0 | 87.26 % |
Stock B | 1 | 1,944,777,165 | 1,692,549,125 ( 87.03 %) | 0 |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
AB VOLVO 3.04% | 48,279,140 | 3.04% | 1,309,857,002 $ |
METLIFE, INC. 0.63% | 4,545,148 | 0.63% | 336,840,918 $ |
715,353 | 0.22% | 298,795,795 $ | |
5,420,600 | 0.07% | 205,549,152 $ | |
NETFLIX, INC. 0.07% | 300,000 | 0.07% | 182,199,000 $ |
WALMART INC. 0.03% | 2,700,003 | 0.03% | 162,459,181 $ |
PEPSICO, INC. 0.06% | 815,737 | 0.06% | 142,762,132 $ |
MERCK & CO., INC. 0.04% | 1,009,529 | 0.04% | 133,207,352 $ |
ADOBE INC. 0.05% | 225,000 | 0.05% | 113,535,000 $ |
QUALCOMM, INC. 0.05% | 528,653 | 0.05% | 89,500,953 $ |
Company contact information
Svenska Handelsbanken AB
Kungsträdgårdsgatan 2
106 70, Stockholm
+46 87 01 10 00
http://www.handelsbanken.comGroup companies
Name | Category and Sector |
---|---|
Optimix Vermogensbeheer NV
Optimix Vermogensbeheer NV Investment ManagersFinance Optimix Vermogensbeheer NV (Optimix) is a Netherlands-based investment management firm which was founded in 1983 by Ruurt Hazewinkel and Frits Westerner. They are a subsidiary of Svenska Handelsbanken AB (STO: SHB-A) in Sweden. Headquartered in Amsterdam, the firm manages the Optimix funds for private individuals and institutions. |
Investment Managers
|
Stadshypotek AB
Stadshypotek AB Finance/Rental/LeasingFinance Part of Svenska Handelsbanken AB, Stadshypotek AB provides mortgage loans. The private company is based in Stockholm, Sweden. The Swedish company was founded in 1865. David Haqvinsson has been the CEO of the company since 2020. |
Finance/Rental/Leasing
|
Handelsbanken Fonder AB
Handelsbanken Fonder AB Investment ManagersFinance Handelsbanken Fonder AB (HBF) is the wholly-owned fund management subsidiary of Handelsbankens Fondbolagsförvaltning AB, ultimately held by Svenska Handelsbanken AB (STO: SHB-A, ADR: SVNLY) in Swede. The firm is headquartered in Stockholm with offices in Luxembourg, Oslo and Helsinki. Founded in 1959, HBF provides financial advisory and investment management services to private individuals as well as corporate and institutional clients including pension funds. They also manage a range of mutual funds as well as exchange-traded funds. The firm is a responsible investor and signatory to the UN Principles for Responsible Investment (UN PRI). |
Investment Managers
|
Handelsbanken Liv Försäkrings AB
|
Investment Trusts/Mutual Funds
|
Add Value Fund Management BV
Add Value Fund Management BV Investment ManagersFinance Part of Svenska Handelsbanken AB, Add Value Fund Management BV is a Dutch company that provides investment advice. The private company is based in Amsterdam, Netherlands. The company was founded in 2007. Hilco T. Wiersma has been the CEO of the company since 2009. |
Investment Managers
|
Handelsbanken Finans AB
Handelsbanken Finans AB Finance/Rental/LeasingFinance Part of Svenska Handelsbanken AB, Handelsbanken Finans AB provides safe and personal financial advice to individuals, families, and companies. Based in Stockholm, Sweden, the CEO of the private company is Magnus Göran Sternbrink. The Swedish company values the meeting between people and offers support at times and places that suit their clients. |
Finance/Rental/Leasing
|
SHB Liv Försäkringsaktiebolag
| |
Handelsbanken Finans Abp
Handelsbanken Finans Abp Major BanksFinance Part of Svenska Handelsbanken AB, Handelsbanken Finans Abp is a provider of personal and corporate banking services, financing, mortgage loans, investment banking, and private banking. The private company is based in Helsinki, Finland. |
Major Banks
|
Svenska Handelsbanken AB (France)
Svenska Handelsbanken AB (France) Regional BanksFinance Part of Svenska Handelsbanken AB, Svenska Handelsbanken AB (France) operates as a bank. The private company is based in Paris, France. |
Regional Banks
|
Sales per Business
Sales per region
1st Jan change | Capi. | |
---|---|---|
+5.87% | 519B | |
+4.63% | 277B | |
+8.12% | 249B | |
+16.17% | 200B | |
+12.42% | 171B | |
+5.38% | 156B | |
+0.09% | 147B | |
-11.48% | 137B | |
+0.83% | 120B |