Highlights of Stadshypotek’s Annual Report January–December 2024

JANUARY–DECEMBER 2024 COMPARED WITH JANUARY–DECEMBER 2023During the second half of 2024, parts of Stadshypotek’s Finnish international branch were divested. Stadshypotek’s operating profit decreased by SEK 559m, or 6%, to SEK 8,739m (9,298). Net interest income fell by SEK 222m to SEK 11,990m, (12,212), mainly due to decreased margins arising from the fierce competition in the mortgage loan market. In Sweden, net interest income decreased by SEK 499m, while in the Norwegian branch net interest income increased by SEK 366m. Of the net interest income, SEK 1,054m (688) was