(SHB-A) Svenska Handelsbanken - Ratings and Ratios

Svenska Handelsbanken AB (publ) operates as a full-service bank, offering a comprehensive suite of financial products and services tailored to both individual and corporate clients. With a strong presence in Sweden, the UK, Norway, the Netherlands, and select international markets, the bank specializes in retail and corporate banking, asset management, and financial markets. Its product range includes personal banking solutions such as savings accounts, mortgages, personal loans, credit cards, and pension products, as well as specialized services like forestry and agriculture banking. For corporate clients, the bank provides cash management, trade finance, corporate finance, and market research services, catering to both SMEs and large corporations. Established in 1871 and headquartered in Stockholm, Sweden, Handelsbanken has built a reputation for stability and customer-centric banking.

From a technical perspective, SHB-A is currently trading at 113.00 SEK, slightly below its SMA 20 of 113.12 but above its SMA 200 of 107.57, indicating near-term consolidation. The stocks average daily volume over the past 20 days is 8,934,490 shares, with an ATR of 3.55, suggesting moderate volatility. The SMA 50 at 120.07 remains a key resistance level to watch in the near term.

Fundamentally, the banks market cap stands at 224.4B SEK, with a trailing P/E of 8.19 and a forward P/E of 8.94, signaling expectations of stable earnings growth. The P/B ratio of 1.07 reflects its book value alignment, while the P/S of 3.56 highlights its revenue multiple. With an RoE of 13.07%, the bank demonstrates strong profitability and efficient capital utilization.