|
|
”Länsförsäkringar Hypotek’s mortgage business continued to perform well in the first half of 2026.
Growth in the mortgage market has started to pick up pace this year compared with last year, and activity has increased. Länsförsäkringar continued to perform well and was one of the banks with the highest growth in mortgage lending at the start of the year. With a high level of activity locally, combined with the strength of our brand, we were able to continue to help existing and new customers.
Geopolitical uncertainty remained high, and the war in the Middle East has driven up oil prices and led to attention returning to energy prices, inflation and interest rates. Although the financial markets have been resilient, there is still a great deal of uncertainty. The housing market continued to recover, resulting in a slight increase in prices, and we believe that household resilience remains high.
Länsförsäkringar Hypotek’s strong financial position can be seen in its very high credit quality and stable earnings. With our competitive mortgage offering and our strong and broad local profile, we aim to continue to do new mortgage business with more and more of Länsförsäkringar’s customers and to see volumes grow.”, says Anders Larsson, President of Länsförsäkringar Hypotek
The period in brief:
- Operating profit declined 17% to SEK 789 M (954) and the return on equity was 6.8% (8.5).
- Net interest income declined 13% to SEK 1,069 M (1,223).
- Credit losses amounted to SEK –2 M (3), net, corresponding to a credit loss level of 0.00% (0.00).
- Operating profit was impacted by fees levied of SEK 140 M (134), of which risk tax comprised SEK 52 M (72).
- Lending increased 6% to SEK 367 billion (347).
- The Common Equity Tier 1 capital ratio amounted to 17.4% (17.8*) on 30 June 2026.
Figures in parentheses pertain to the same period in 2025.
* Refers to 31 December 2025.
Read more
https://www.lansforsakringar.se/financial-hypotek/
For further information, please contact:
Anders Larsson, President Länsförsäkringar Hypotek AB,
+46 (0)8 588 411 54, +46 (0)73 964 11 54
Andreas Larsson, Head of Investor Relations Länsförsäkringar Bank AB,
+46 (0)720 84 36 34
The Länsförsäkringar Alliance is comprised of 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and life and non-life insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring, total solutions for reliable mortgage transactions through Länsförsäkringar Fastighetsförmedling, and financing services such as leasing, instalment payments, and loans through Länsförsäkringar Finans.
Tags: