FX.co ★ Handelsbanken Q3 Profit Declines - Quick Facts

Handelsbanken (SVNLF.PK, SVNLY.PK) announced a decrease in its third-quarter profit, which fell to 7.21 billion Swedish kronor from the previous year's 7.95 billion kronor. Earnings per share saw a decline, registering at 3.64 kronor compared to 4.02 kronor in the prior year.

For the third quarter, total income was reduced to 15.54 billion Swedish kronor, a decrease from the previous 16.24 billion kronor. Additionally, net interest income fell to 11.76 billion kronor, down from 12.18 billion kronor reported in the prior year.

Regarding staffing, the quarter saw a reduction of 286 employees, equivalent to a 2% decrease. This reduction follows a previous quarter's downsizing of 155 employees and external resources.