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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Gross-Profit-to-Asset % : 1.66% (As of Mar. 2024)


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What is Svenska Handelsbanken AB Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Svenska Handelsbanken AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was $5,859 Mil. Svenska Handelsbanken AB's average Total Assets over the quarter that ended in Mar. 2024 was $352,842 Mil. Therefore, Svenska Handelsbanken AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 1.66%.


Svenska Handelsbanken AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Svenska Handelsbanken AB's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Svenska Handelsbanken AB Gross-Profit-to-Asset % Chart

Svenska Handelsbanken AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.38 1.30 1.36 1.78

Svenska Handelsbanken AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 1.62 1.72 1.83 1.66

Competitive Comparison of Svenska Handelsbanken AB's Gross-Profit-to-Asset %

For the Banks - Diversified subindustry, Svenska Handelsbanken AB's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Svenska Handelsbanken AB's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Svenska Handelsbanken AB's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Svenska Handelsbanken AB's Gross-Profit-to-Asset % falls into.



Svenska Handelsbanken AB Gross-Profit-to-Asset % Calculation

Svenska Handelsbanken AB's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=6048.198/( (332792.253+344894.712)/ 2 )
=6048.198/338843.4825
=1.78 %

Svenska Handelsbanken AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=5858.636/( (344894.712+360789.527)/ 2 )
=5858.636/352842.1195
=1.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Headlines

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