REFILE-Handelsbanken Q2 operating profit seen down 15 pct
(Refiles to add '15' to headline
* Q2 results due on July 21 at 0530 GMT
* Operating profit seen at 2.92 billion crowns ($372 mln)
STOCKHOLM, July 14 (Reuters) - Following is a table of forecasts for Swedish
bank Handelsbanken's (SHBa.ST) second-quarter results, according to a poll of 17
analysts. (Figures in millions of crowns except earnings per share and dividend
per share in crowns):
Q2
Mean Median High Low No. Yr ago Change% Prev.Q Net interest income 5,363 5,342 5,606 5,083 17 4,494 19.3 5,393 Net commis income 1,693 1,700 1,799 1,515 16 1,706 -0.8 1,739 Fair value result 870 885 1,205 650 16 634 37.2 1,141 Total income 8,114 8,144 8,394 7,710 17 7,199 12.7 8,386 Total costs -3,627 -3,664 -3,163 -3,877 17 -3,195 -13.5 -3,684 Loan & credit losses -1,612 -1,517 -824 -3,148 17 -571 -182.3 -896 Operating profit 2,924 2,873 4,599 1,777 17 3,433 -14.8 3,806 Profit for the period 2,115 2,166 2,548 1,520 17 2,478 -14.6 2,765 EPS 3.39 3.48 4.09 2.44 17 3.96 -14.4 4.43
FY2009
Mean Median High Low No. Yr ago Change% Net interest income 21,750 21,727 22,888 20,921 16 19,223 13.1 Net commis income 6,772 6,818 7,214 6,241 15 6,795 -0.3 Fair value result 3,361 3,415 3,875 2,902 15 3,169 6.1 Total income 32,485 32,414 33,478 31,312 16 29,890 8.7 Total costs -14,607 -14,751 -13,266 -15,523 16 -13,229 -10.4 Loan & credit losses -7,328 -6,705 -5,465 -12,812 16 -1,605 -356.6 Operating profit 10,488 11,005 12,582 6,365 16 15,326 -31.6 Profit for the period 7,720 8,067 9,311 4,696 16 12,131 -36.4 EPS 12.36 12.95 14.94 7.53 16 19.46 -36.5 Dividend per share 4.50 5.00 8.50 0.00 12 7.00 -35.7
FY2010
Mean Median High Low No. Net interest income 22,873 22,921 25,122 21,212 16 Net commis income 6,989 7,030 7,525 6,348 15 Fair value result 2,752 2,800 3,636 984 15 Total income 33,241 33,377 35,122 30,579 16 Total costs -15,033 -15,148 -13,127 -15,951 16 Loan & credit losses -10,649 -9,701 -6,512 -19,920 16 Operating profit 7,558 7,058 11,818 453 16 Profit for the period 5,621 5,337 8,745 409 16 EPS 9.02 8.56 14.03 0.66 16 Dividend per share 3.91 3.25 9.50 0.00 12
Of 10 analysts who disclosed their recommendation on the Handelsbanken share, two were positive, one was neutral and seven were negative.
Analysts from ABG Sundal Collier, Arctic Securities, Bank of America - Merrill Lynch, Cheuvreux, Citi, Danske Bank, DNB Nor, Fox-Pitt Kelton, Goldman Sachs, HQ Bank, JP Morgan, Nordea, Pareto, SEB Enskilda, SP Equity Research, Swedbank and Ohman Fondkommission contributed to the poll.
Data for Reuters Nordics earnings polls is compiled by Inquiry Financial Europe. For more details on the data, please click on www.ConsensusEstimates.com
(Editing by Dan Lalor) ($1 = 7.855 Swedish crowns)
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