Highlights of Stadshypotek’s Annual Report January–December 2023

JANUARY–DECEMBER 2023 COMPARED WITH JANUARY–DECEMBER 2022Stadshypotek’s operating profit decreased by SEK 3,589m, or 28%, to SEK 9,298m (12,887). Net interest income fell by SEK 2,767m to SEK 12,212m, (14,979), mainly due to higher funding costs arising from rising market rates, and decreased margins for Swedish and Norwegian private loans. In Sweden, net interest income fell by SEK 2,020m, while in the Norwegian branch it fell by SEK 164m.   Of the net interest income, SEK 688m (852) was attributable to the branch in Norway and SEK 469m (557) to the branch in Finland. Exclud- ing the