Danske Hypotek: Interim Report January - June 2024
First half-year in brief
January – June 2024 (comparison with January – June 2023 in parentheses)
- Operating profit was SEK 313.0 million (355.5 million)
- Net interest income amounted to SEK 398.4 million (467.5 million)
- Costs comprised SEK 118.9 million (112.1 million)
- Credit losses amounted to SEK 83.9 million refers to reversals of previous reservations.
- For the corresponding period in 2023 reversals amounted to SEK 1.5 million
- Return on equity was 6.3 % (7.6 %)
- The CET1 capital ratio was 19.4 % (18.0 %)
- Danske Hypotek’s covered bonds have the highest credit rating (AAA) from Standard & Poor’s and Nordic Credit Rating.
Read the full interim report at https://danskehypotek.se/financial-information or in the pdf attached.
For further information, please contact:
Per Tunestam, CEO, Danske Hypotek
+46 70 874 48 41, per.tunestam@danskebank.se
This disclosure contains information that Danske Hypotek AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 28-08-2024 16:35 CET.
Danske Hypotek is a wholly owned Swedish subsidiary of Danske Bank A/S. In 2017, Danske Hypotek received permission from the Swedish Financial Supervisory Authority to conduct business as a credit market company and to issue covered bonds.