Handelsbanken stock holds near its yearly high after Q2 results

Handelsbanken stock was trading at SEK 154.50 on Nasdaq Stockholm on September 24, 2026, 1.18 percent below its 52-week high of SEK 156.35. The bank's second-quarter operating profit was SEK 6.678 billion, giving investors a fresh comparison with SEK 8.195 billion in the first quarter.

Q2 profit falls from Q1

In its interim report for January through June 2026, distributed through Cision on July 15, Handelsbanken reported second-quarter earnings per share of SEK 2.60, compared with SEK 3.21 in the first quarter.

The same report showed a return on equity of 12.8 percent and a common equity tier 1 ratio of 17.2 percent in Q2 2026. The credit loss ratio was 0.00 percent, while the cost-to-income ratio increased to 44.3 percent from 39.5 percent in the comparison period cited by the bank.

Analyst target stays below price

On September 15, 2026, Mediobanca raised its Handelsbanken price target to SEK 149 from SEK 133 and reiterated an Underperform rating, according to MarketScreener. The revised target remained SEK 5.50 below the September 24 share price, a gap of 3.56 percent.

That contrast defines the stock's current setup. The market price is near the annual high, while the reported Q2 profit was lower than the Q1 figure and the named analyst target remains below the share price.

Stock remains near yearly high

Handelsbanken's market capitalization was SEK 300.468 billion on September 24, 2026. Its 52-week range was SEK 116.80 to SEK 156.35, placing the reference price 32.28 percent above the low and 1.18 percent below the high.

The next scheduled interim report is October 21, 2026, covering January through September. Until then, the key numerical tension is clear: a share price close to the yearly peak against a Q2 operating profit of SEK 6.678 billion.