Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Posts Earnings Results, Beats Estimates By $0.03 EPS

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

Svenska Handelsbanken AB (publ) Trading Up 2.2 %

SVNLY stock traded up $0.12 during mid-day trading on Wednesday, hitting $5.52. 46,098 shares of the stock were exchanged, compared to its average volume of 119,996. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.15. Svenska Handelsbanken AB has a 12 month low of $4.24 and a 12 month high of $6.01. The business has a fifty day moving average price of $5.27 and a 200 day moving average price of $5.10.

Svenska Handelsbanken AB (publ) Company Profile

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.