Svenska Handelsbanken Ab Publ (SVNLY) Expected to Announce Earnings on Wednesday

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) is expected to be posting its results before the market opens on Wednesday, February 4th. Analysts expect Svenska Handelsbanken Ab Publ to post earnings of $0.14 per share for the quarter.

Svenska Handelsbanken Ab Publ Stock Up 3.2%

Svenska Handelsbanken Ab Publ stock opened at $8.12 on Wednesday. The stock’s 50 day moving average is $7.18 and its 200 day moving average is $6.68. Svenska Handelsbanken Ab Publ has a one year low of $4.93 and a one year high of $8.12. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.18.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Morgan Stanley restated an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a research report on Friday, January 9th. Citigroup reissued a “neutral” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Tuesday, October 14th. Five investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

Svenska Handelsbanken Ab Publ Company Profile

Svenska Handelsbanken AB (publ) is a Sweden-based universal bank offering a broad range of financial services to private individuals, businesses and institutions. Established in 1871 and headquartered in Stockholm, the bank operates on a decentralized branch model that empowers locally managed offices to deliver tailored banking solutions. Svenska Handelsbanken provides core services such as deposit accounts, lending, payment services and credit cards, alongside specialized corporate offerings including trade finance, cash management and leasing.

In addition to its commercial banking activities, Handelsbanken maintains a dedicated investment banking arm known as Handelsbanken Capital Markets, which offers services in equity and debt underwriting, corporate finance advisory and research.