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Market Impact: 0.28

Handelsbanken Q1 net profit beats forecast

Corporate EarningsBanking & LiquidityCompany FundamentalsMarket Technicals & Flows

Handelsbanken said first-quarter net profit came in above market expectations, a positive earnings surprise for the Swedish lender. The bank also reported good net inflows into its funds during the quarter, indicating healthy client demand and asset-gathering momentum.

Analysis

Handelsbanken said first-quarter net profit came in above market expectations, a positive earnings surprise for the Swedish lender. The bank also reported good net inflows into its funds during the quarter, indicating healthy client demand and asset-gathering momentum.

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Market Sentiment

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mildly positive

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