Highlights of Stadshypotek’s Annual Report January – December 2014
JANUARY – DECEMBER 2014 COMPARED WITH JANUARY – DECEMBER 2013 Stadshypotek’s operating profit increased by 8 per cent or SEK 645 million to SEK 8,741 million (8,096). Net interest income grew by SEK 809 million to SEK 10,240 million (9,431). SEK 1,014 million (1,003) of the net interest income was attributable to the branch in Norway, SEK 398 million (329) to the branch in Finland and SEK 221 million (166) to the branch in Denmark. Excluding the branches, net interest income increased by SEK 674 million, due to higher lending volumes and improved margins, mainly for the private market,