Handelsbanken (STO: SHB-A) financial statements
The consolidated income statement, balance sheet and cash flow statement of Handelsbanken for its last 6 fiscal years, as filed with the regulator, in millions of Swedish kronor. At the end of fiscal 2025 it had SEK 3,387,566m in total assets and SEK 199,352m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Profit before tax | SEK 30,750m | SEK 35,016m | SEK 36,322m | SEK 26,619m | SEK 23,475m | SEK 18,797m |
| Income tax | SEK 6,755m | SEK 7,795m | SEK 8,417m | SEK 5,429m | SEK 4,627m | SEK 4,240m |
| Net profit | SEK 23,727m | SEK 27,451m | SEK 29,107m | SEK 21,468m | SEK 19,527m | SEK 15,585m |
| Earnings per share | SEK 11.98 | SEK 13.86 | SEK 14.70 | SEK 10.84 | SEK 9.86 | SEK 7.87 |
| Diluted earnings per share | SEK 11.98 | SEK 13.86 | SEK 14.70 | SEK 10.84 | SEK 9.86 | SEK 7.87 |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | SEK 3,387,566m | SEK 3,539,173m | SEK 3,537,792m | SEK 3,453,716m | SEK 3,346,764m | SEK 3,135,288m |
| Property, plant and equipment | — | SEK 4,803m | SEK 4,777m | SEK 4,914m | SEK 5,272m | SEK 6,232m |
| Cash | SEK 408,155m | SEK 530,009m | SEK 476,181m | SEK 475,882m | SEK 439,964m | SEK 397,642m |
| Total liabilities | SEK 3,188,211m | SEK 3,329,146m | SEK 3,332,706m | SEK 3,257,686m | SEK 3,165,033m | SEK 2,963,815m |
| Equity | SEK 199,352m | SEK 210,021m | SEK 205,077m | SEK 196,027m | SEK 181,706m | SEK 171,464m |
| Equity including minorities | SEK 199,355m | SEK 210,027m | SEK 205,085m | SEK 196,030m | SEK 181,731m | SEK 171,473m |
| Minority interests | SEK 3.0m | SEK 6.0m | SEK 8.0m | SEK 3.0m | SEK 25.0m | SEK 9.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | −SEK 46,294m | SEK 44,529m | SEK 23,125m | −SEK 38,298m | SEK 49,381m | SEK 87,260m |
| Investing cash flow | SEK 123.0m | SEK 15,748m | −SEK 1,517m | SEK 48,212m | −SEK 752.0m | SEK 220.0m |
| Financing cash flow | −SEK 29,700m | −SEK 33,407m | −SEK 15,556m | −SEK 1,055m | −SEK 26,796m | SEK 8,174m |
| Capital expenditure | SEK 535.0m | SEK 949.0m | SEK 832.0m | SEK 786.0m | SEK 1,194m | SEK 709.0m |
| Dividends paid | — | SEK 25,740m | SEK 15,840m | SEK 9,900m | SEK 16,666m | SEK 0.0m |
Where each figure comes from
From the annual report Handelsbanken files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Handelsbanken page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.