Highlights of Stadshypotek’s Annual Report January – December 2018

JANUARY – DECEMBER 2018 COMPARED WITH JANUARY – DECEMBER 2017Stadshypotek’s operating profit increased by 1%, or SEK 152m, to SEK 12,401m (12,249). Net interest income grew by SEK 331m to SEK 13,688m (13,357), mainly due to higher lending volumes to the private and corporate markets in Sweden. Of the net interest income, SEK 862m (885) was attributable to the branch in Norway, SEK 408m (363) to the branch in Finland and SEK 475m (422) to the branch in Denmark. Net gains/losses on financial transactions decreased by SEK 54m to SEK -12m (42). Expenses increased by SEK 103m to SEK -1,237m