Handelsbanken's interim report January

Summary January - September 2010, compared with January - September 2009

  * Operating profit for continuing operations went up by 4 percent to SEK
    10,937 million (10,506)

  * Profit after tax for total operations went up by 5 percent to SEK 8,133
    million (7,728) and diluted earnings per share rose to SEK 12.85 (12.07)

  * Tier 1 capital increased to SEK 86.9 billion (84.0) and the Tier 1 ratio
    according to Basel II went up to 15.7 percent (13.5)

  * Return on equity for total operations was unchanged at 12.8 percent (12.8),
    while equity grew by 6 percent

  * Net interest income declined by 6 percent to SEK 15,725 million (16,641)

  * Net fee and commission income went up by 9 percent to SEK 5,895 million
    (5,398)

  * Income declined to SEK 23,168 million (24,368) and expenses decreased to SEK
    -11,021 million (-11,162)

  * The loan loss ratio decreased to 0.10 percent (0.23), with loan losses
    amounting to SEK -1,214 million (-2,701)

  * The volume of credit commitments to the public increased by 18 percent, and
    the average volume of lending rose by 1 percent, adjusted for currency
    effects


Summary of Q3 2010, compared with Q2 2010

  * Operating profit for continuing operations went up by 2 percent to SEK
    3,606 million (3,539)

  * Profit after tax for total operations went up by 5 percent to SEK 2,707
    million (2,573) and diluted earnings per share rose to SEK 4.27 (4.07)

  * Return on equity for total operations was 12.7 percent (12.0)

  * Net interest income rose by 5 percent to SEK 5,327 million (5,082)

  * Income declined by 2 percent to SEK 7,506 million (7,653), while expenses
    fell by 4 percent to SEK -3,610 million (-3,745)

  * Loan losses went down to SEK -294 million (-369), and the loan loss ratio
    dropped to 0.08 percent (0.09)

  * Average lending volumes were unchanged, while credit commitments went up by
    6 percent

  * Via Stadshypotek, Handelsbanken became the first Nordic bank to issue
    covered bonds in the US

  * This year, Handelsbanken again had the most satisfied bank customers in the
    Nordic countries according to the SKI/EPSI survey



For further information, please contact:
Pär Boman, President and Group Chief Executive
Tel: +46 (8) 22 92 20

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

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



[HUG#1453276]
Handelsbanken's interim report January - September 2010

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