Handelsbanken’s Interim Report JANUARY

Summary January – March 2016, compared with January – March 2015

  · Operating profit was SEK 4,967m (4,955)
  · The period’s profit after tax for total operations went up by 3% to SEK
4,043m (3,911)
  · Earnings per share for total operations increased by 3% to SEK 2.12 (2.05)
  · Return on equity for total operations rose to 13.1% (12.9)
  · Income increased by 5% to SEK 10,243m (9,745)
  · Net interest income went down by 2% to SEK 6,795m (6,916)
  · The loan loss ratio decreased to 0.04% (0.07)
  · The common equity tier 1 ratio increased to 22.7% (21.1) and the total
capital ratio rose to 28.8% (28.2)
  · The Bank is acquiring the Dutch asset management company Optimix
  · Ten new regional advisory units within savings, pensions and private banking
are being established in Sweden
  · Capital gains from the sale of shares totalled SEK 827m (-)
  · The Bank is making a provision of SEK 700m, mainly for early retirement of
staff, to facilitate the adaptation of Swedish branch operations to changing
customer behaviour brought about by advances in digital technology

Summary of Q1 2016, compared with Q4 2015

  · Operating profit fell by 10% to SEK 4,967m (5,533), but adjusted for items
affecting comparability, it increased by 2%
  · The period’s profit after tax for total operations decreased to SEK 4,043m
(4,501), and earnings per share were SEK 2.12 (2.36)
  · Return on equity for total operations decreased to 13.1% (14.8)
  · Income fell by 6% to SEK 10,243m (10,909)
  · Net interest income declined by 3% to SEK 6,795m (6,971)
  · The loan loss ratio decreased to 0.04% (0.10)

The slide presentation for today’s press conference will be available at 07.00
CET at handelsbanken.se/ireng

For further information, please contact:
Frank Vang-Jensen, President and Group Chief Executive
Tel: +46 (0)8 22 92 20

Ulf Riese, CFO
Tel: +46 (0)8 22 92 20

Mikael Hallåker, Head of Investor Relations
Tel: +46 (0)8 701 29 95, miha11 @ handelsbanken.se

Handelsbanken discloses the information provided herein pursuant to the
Securities Markets Act. Submitted for publication on 20 April 2016, at 07.00
CET.

For more information about Handelsbanken, please go to: handelsbanken.com
Handelsbanken’s Interim Report JANUARY – MARCH 2016

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