STOCKHOLM (Reuters) – Swedish bank Handelsbanken reported a second-quarter profit well below forecasts on Friday.
Operating earnings at the 150-year-old rival to Swedbank, SEB and Nordea fell to 5.25 billion Swedish crowns ($496.80 million) from 5.67 billion crowns a year ago. The mean forecast in Refinitiv poll of analysts had been for a 6.00 billion crown profit.
($1 = 10.5676 Swedish crowns)
(Reporting by Stine Jacobsen, editing by Anna Ringstrom)
