Stadshypotek's interim report January - March 2010
FINANCIAL PERFORMANCEQ1 2010 compared with Q1 2009Stadshypotek's operating profit was SEK 1,373 million (1,421), a decrease of SEK 48 million compared with the corresponding period of the previous year. Net interest income was SEK 1,432 million (1,493), of which SEK 119 million (112) was attributable to the branch in Norway. The decrease in operating profit was thus partly due to the net interest income being SEK 61 million lower than the corresponding period in the previous year. Net gains/losses on financial operations were SEK -13 million (-18).Expenses were SEK 54 million (53).