Barclays upgrades DNB and downgrades Handelsbanken in Nordic bank review

fr.investing.com (French)

Barclays revised its ratings for Nordic banks, upgrading DNB and downgrading Handelsbanken due to valuation gains versus competitive pressures. The firm cited differing earnings expectations, with DNB's 2026-2028 EPS estimates exceeding consensus by 4-8%, while Handelsbanken's are 2-5% lower. Barclays noted structural pressures in the Swedish banking market, including constrained loan growth and lower profitability compared to European peers.


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Barclays upgrades DNB and downgrades Handelsbanken in Nordic bank review | News Minimalist