Highlights of Stadshypotek’s Annual Report 2020

JANUARY – DECEMBER 2020 COMPARED WITH JANUARY – DECEMBER 2019Stadshypotek’s operating profit increased by SEK 422m, or 3%, to SEK 12,841m (12,419). Net interest income grew by SEK 643m to SEK 14,640m (13,997), mainly due to higher lending volumes to the private and corporate markets in Sweden. Of the net interest income, SEK 924m (801) was attributable to the branch in Norway, SEK 476m (439) to the branch in Finland and SEK 517m (524) to the branch in Denmark. Excluding the branches, net interest income increased by SEK 490m (289). Net gains/losses on financial transactions increased