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Stock impact report

Svenska Handelsbanken: Declining Net Interest Income, But Nice Dividend [Seeking Alpha]

SVENSKA HANDELSBK UNS/ADR (SVNLY) 
NASDAQ:AMEX Investor Relations: danskebank.com/investor-relations
Company Research Source: Seeking Alpha
With Sweden's central bank now done easing, SVNLY's net interest income should bottom at some point this year. Cost control and fee income are supporting SVNLY to an extent, while credit quality remains an ongoing strength. Management has finally decided to pay down some of SVNLY's excess capital, resulting in a bumper 12%-plus dividend yield. While the payout allocated to fiscal 2025 won't be sustainable, capital remains near the upper end of management's target range. This can help keep SVNLY's payout ratio high in 2026. Remus Kotsell/iStock Unreleased via Getty Images Svenska Handelsbanken ( SVNLY SVNLF ) has copped its share of criticism in recent times. Among the charges are that it is too conservative, too stuck in its ways, and too wedded to a branch-centric business model that has left it heavily reliant This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of SVNLY either through stock ownership, options, or other Show less Read more
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