Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Announces Earnings Results

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) announced its quarterly earnings results on Wednesday. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03, Zacks reports. Svenska Handelsbanken AB (publ) had a return on equity of 13.65% and a net margin of 14.66%.

Svenska Handelsbanken AB (publ) Price Performance

Shares of OTCMKTS:SVNLY opened at $5.65 on Thursday. The business’s fifty day moving average price is $5.28 and its two-hundred day moving average price is $5.10. Svenska Handelsbanken AB has a fifty-two week low of $4.24 and a fifty-two week high of $6.01. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.15.

About Svenska Handelsbanken AB (publ)

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.