May 24, 2017 5:42 PM ET

Thrifts and Mortgage Finance

Company Overview of Stadshypotek AB (publ)

Company Overview

Stadshypotek AB (publ) engages in mortgage lending business in Sweden, Norway, Denmark, and Finland. It offers mortgages for single-family or two-family houses, second homes, housing co-operative and owner-occupied apartments, residential and family farms, and multi-family dwellings, as well as commercial and office buildings; and state and municipal loans. The company is based in Stockholm, Sweden. Stadshypotek AB (publ) is a subsidiary of Svenska Handelsbanken AB (publ).

Torsgatan 12

Stockholm,  103 70

Sweden

78 Employees

Phone:

46 87 01 54 00

Fax:

46 87 01 55 40

Key Executives for Stadshypotek AB (publ)

Chief Executive, Member of Management Board and Director
Age: 48
Head of Finance
Head of Systems Development
Head of Credit
Head of Business Development & Market
Compensation as of Fiscal Year 2016.

Stadshypotek AB (publ) Key Developments

Stadshypotek AB (publ), Annual General Meeting, Mar 28, 2017

Stadshypotek AB (publ), Annual General Meeting, Mar 28, 2017. Agenda: To issue for adoption of Annual Report.

Stadshypotek AB (publ) Announces Consolidated Earnings Results for the Second Half and Year Ended December 31, 2016

Stadshypotek AB (publ) announced consolidated earnings results for the second half and year ended December 31, 2016. For the second half, the company's net interest income was SEK 6,328 million compared with SEK 5,888 million a year ago. Total income was SEK 6,352 million compared with SEK 5,854 million a year ago. Operating profit was SEK 5,816 million compared with SEK 5,332 million a year ago. Profit for the period was SEK 4,528 million or SEK 27,951 per diluted share compared with SEK 4,141 million or SEK 25,562 per diluted share a year ago. Return on equity was 25.2% compared with 24.1% a year ago. For the year, the company's net interest income was SEK 12,362 million compared with SEK 11,756 million a year ago. This increase was primarily due to higher lending volumes to the private market in Sweden. Total income was SEK 12,415 million compared with SEK 11,779 million a year ago. Operating profit was SEK 11,366 million compared with SEK 10,716 million a year ago. Profit for the period was SEK 8,857 million or SEK 54,674 per diluted share compared with SEK 8,322 million or SEK 51,370 per diluted share a year ago. Cash flow from operating activities was SEK 9,542 million compared with SEK 7,708 million a year ago. Return on equity was 24.4% compared with 24.2% a year ago.

Stadshypotek AB (Publ) Reports Results for the Half Year Ended June 30, 2016

Stadshypotek AB (publ) reported results for the half year ended June 30, 2016. For the period, the group reported interest income of SEK 10,142 million compared to SEK 11,469 million a year ago. Net interest income of SEK 6,034 million compared to SEK 5,868 million a year ago. Total income of SEK 6,063 million compared to SEK 5,925 million a year ago. Profit before loan losses of SEK 5,545 million compared to SEK 5,381 million a year ago. Operating profit of SEK 5,550 million compared to SEK 5,384 million a year ago. Profit for the period was SEK 4,329 million or SEK 26.720 per share before and after dilution compared to SEK 4,181 million or SEK 25.806 per share before and after dilution a year ago. Cash flow from operating activities of SEK 5,190 million compared to SEK 6,729 million for the last year. Return on equity was 24.2% compared to 24.7% a year ago.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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