Handelsbanken proposes unexpectedly large dividend increase to SEK 17.50 per share and wants to extend buyback program

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Handelsbanken proposes unexpectedly large dividend increase to SEK 17.50 per share and wants to extend buyback program
Photo: Oscar Olsson/TT

The board of mortgage lender Handelsbanken is proposing an unexpectedly large increase in the dividend, to SEK 17.50 per share, up from SEK 15 last year. On top of that, the board wants to extend the buyback program.

The dividend, which will be determined at the annual general meeting, will be slightly larger than the average analyst forecast of about SEK 13, according to Bloomberg.

The owners may also receive dividends in the form of a share repurchase of up to 120 million shares during the year if the board's proposal is approved at the meeting.

The bank's profit before loan losses and government spending fell to SEK 8.45 billion in the fourth quarter of 2025, compared to SEK 9.66 billion in the corresponding quarter a year earlier.

Net interest income, the bank's profit from the difference between deposit and lending rates, fell 15 percent - more than expected - to SEK 10 billion.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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