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

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) is expected to release 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 Trading Up 1.1%

Shares of SVNLY opened at $7.95 on Tuesday. Svenska Handelsbanken Ab Publ has a 52-week low of $4.93 and a 52-week high of $8.12. The stock’s 50-day simple moving average is $7.30 and its 200 day simple moving average is $6.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.10 and a quick ratio of 2.10.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SVNLY. Morgan Stanley reissued an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a report on Friday, January 9th. Citigroup reiterated 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

About Svenska Handelsbanken Ab Publ

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.