Stadshypotek Interim Report January – June 2020
JANUARY – JUNE 2020 COMPARED WITH JANUARY – JUNE 2019 Stadshypotek’s operating profit rose by SEK 77m, or 1%, to SEK 6,329m. (6,252). Net interest income grew by SEK 337m to SEK 7,276m (6,939). This is mainly due to higher lending volumes to the private and corporate markets in Sweden. Of the net interest income, SEK 404m (424) was attributable to the branch in Norway, SEK 250m (226) to the branch in Finland and SEK 275m (267) to the branch in Denmark. Excluding the branches, net interest income increased by SEK 325m (99). Net gains/losses on financial transactions increased by SEK 3m