Handelsbanken's interim report JANUARY - MARCH 2009

Summary January - March 2009 compared with January - March 2008

  * Earnings per share increased by 20% to SEK 4.43 (3.68)
  * Operating profits increased by 30% to SEK 3,806m (2,919) and
    profits after tax were SEK 2,765m (2,288)
  * Net interest income rose by 23% to SEK 5,393m (4,399)
  * The average volume of loans increased by 15% and household
    deposits rose by 23%
  * Income increased by 38% to SEK 8,386m (6,055)
  * The C/I ratio was 43.9% (54.5)
  * Loan losses were SEK -896m (-107)
  * The capital ratio was 16.7% (16.2)
  * Tier 1 capital including profits for the period rose by SEK 5.5bn
    to SEK 81.4bn and the Tier 1 capital ratio according to Basel II
    was 11.6% (10.5)
  * The Bank's liquidity reserves were more than SEK 400bn
  * Return on equity was 13.8% (12.3)

Summary of Q1 2009 compared with Q4 2008

  * Operating profits decreased to SEK 3,806m (5,216)
  * Net interest income was SEK 5,393m (5,474) and was reduced by SEK
    94m (-) for the estimated mandatory fee to the Stabilisation Fund
    started by the Swedish government
  * The average volume of loans to the public increased by 3% to
    SEK 1,509bn
  * Household deposits increased by 5% to SEK 208bn
  * Loan losses were SEK -896m (-696)
  * Return on equity was 13.8% (24.0)


For further information, please contact:
Pär Boman, CEO
+46 8 22 92 20

Ulf Riese, CFO
+46 8 22 92 20

Mikael Hallåker, Head of Investor Relations
+46 8 701 29 95, miha11@handelsbanken.se