Highlights of Stadshypotek’s Annual Report January – December 2012
FINANCIAL PERFORMANCE Full year 2012 compared with full year 2011Operating profit increased by SEK 1,892 million to SEK 7,886 million (5,994). Net interest income amounted to SEK 8,052 million (6,244), with the branch in Norway accounting for SEK 649 million (396), the branch in Denmark for SEK 115 million (89) and the branch in Finland, which was established on 1 May 2011, for SEK 258 million (79). Excluding the branches, net interest income thus increased by SEK 1,350 million. The growth in net interest income was attributable to an increase in lending volume and to improved margins