SVNLF - Handelsbanken Q2 2019 - Some Worrying Signs Warrant A 'Hold For Now'
Handelsbanken (SVNLF) (SVNLY) is one of the main Swedish banks which lately reported its 2Q19 results. Much like other banks, the results weren't all that great in relation to past results. For Handelsbanken, however, results are favorable when looking at them with certain things in mind - more explanation on this in the article.
The bottom line here is, the banking sector in Sweden and the Nordics is experiencing some pressure as banks are consolidating and leaving unprofitable business areas and/or geographies in favor of more conservative business practices. This is