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Handelsbanken IR Presenter
Replay available
Svenska Handelsbanken AB (publ) (SHB_A) Q4 2023 Earnings Call
Svenska Handelsbanken AB (publ) (STO: SHB_A) Q4 2023 earnings conference call, held 2024-02-07. Replay captured from the company's public earnings webcast.
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Michael Green
CEO
Carl Cedarskjöld
CFO
Peter Grabe
Head of Investor Relations
Magnus Andersen
Analyst, ABG Securities
Nicholas McBeath
Analyst, D&B
Andreas Hakonsson
Analyst, SEB
Marcus Sangrian
Analyst, Kepler Cheuvreux
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Replay transcript excerpt
WEBVTT 00:00:00.071 -- 00:00:04.795 Welcome! For those of you who want to follow the presentation simultaneously translated 00:00:04.795 -- 00:00:08.779 into English, please choose English in the top right menu. 00:00:08.779 -- 00:00:13.944 Välkommen till presentationen av Handelsbankens bokslutskommuniké för 2023. 00:00:13.944 -- 00:00:18.328 Mikael Gren, vd och koncernchef, presenterar resultatet. 00:00:18.328 -- 00:00:22.832 Presentationen direktsänds och publiceras därefter på handelsbanken.se 00:00:22.832 -- 00:00:24.718 slash ir. 00:00:24.718 -- 00:00:29.539 Efter presentationen blir det en kort paus och sen inleds en frågestund på engelska. 00:00:29.539 -- 00:00:34.480 Information om hur du ansluter till frågestunden finns på handelsbanken.se. 00:00:42.282 -- 00:00:48.373 Presentation of the bank's result for the full year and for Q4 2023. 00:00:49.481 -- 00:00:54.665 We put behind us a tumultuous year with escalating geopolitical instability, 00:00:54.665 -- 00:01:00.109 raising interest rates, and also runaway inflation and a business cycle in decline. 00:01:00.109 -- 00:01:04.332 I find that the year for Handelsbanken 2023 00:01:04.332 -- 00:01:09.416 can be described as stable. ROE was up to close to 16%, driven 00:01:09.416 -- 00:01:13.517 of an underlying growth of 37%. The income... 00:01:15.180 -- 00:01:19.965 outperformed expenses and contributed to our CR ratio. 00:01:19.965 -- 00:01:24.369 As expected, our customers show good resilience in spite of an environment with higher 00:01:24.369 -- 00:01:29.153 interest rates and the credit quality remains to be strong with credit losses amounting 00:01:29.153 -- 00:01:31.475 to only 0.01%. 00:01:31.475 -- 00:01:36.780 The capital position of the bank is very solid with a CET1 ratio 00:01:36.780 -- 00:01:41...