Highlights of Handelsbanken’s Annual Report January– December  2013

Regulatory News:

Summary January – December 2013, compared with January – December 2012

• The period’s profit after tax for total operations increased by 2% to SEK 14,295m (14,038); excluding the year of comparison’s recalculation of deferred taxes, the increase was 16%
• Earnings per share increased to SEK 22.52 (22.34)
• Operating profit increased by 6% to SEK 18,088m (17,108) and increased in all home markets outside Sweden
• Return on equity for total operations decreased to 13.9% (14.9); excluding the effect of the recalculation of deferred taxes in 2012, return on equity increased by 0.8 percentage points · Income increased by 4% to SEK 36,327m (35,062)
• Net interest income increased by 2% to SEK 26,669m (26,081) and in the home markets outside Sweden, net interest income increased by 17%
• The C/I ratio improved to 47.0% (47.6)
• The loan loss ratio fell to 0.07% (0.08)
• The common equity tier 1 ratio according to Basel II increased to 19.2% (17.9) and the total capital ratio rose to 21.6% (20.7)
• The common equity tier 1 ratio according to Basel III was 18.9% and the Bank continues to build up capital
• The Bank’s liquidity reserve exceeded SEK 800bn
• The Board proposes a total dividend of SEK 16.50 per share, with the ordinary dividend being SEK 11.50 per share (10.75)

Summary of Q4 2013, compared with Q3 2013

• The period’s profit after tax for total operations decreased by 2% to SEK 3,527m (3,607) and earnings per share were SEK 5.55 (5.68)
• Operating profit declined by 2% to SEK 4,458m (4,571)
• Return on equity for total operations was 13.3% (14.2)
• Income increased by 3% to SEK 9,278m (9,009)
• Net fee and commission income rose by 11% to SEK 2,107m (1,896)
• The loan loss ratio was 0.07% (0.06)

The slide presentation for today’s press conference will be available at 06.30 CET at www.handelsbanken.se/ireng

Handelsbanken discloses the information provided herein pursuant to the Securities Markets Act. Submitted for publication on 5 February 2014, at 06.30 CET.

For more information about Handelsbanken, please go to: www.handelsbanken.com

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