Länsförsäkringar Hypotek: Interim report January-June 2025

” The financial markets were dominated by high volatility in the first half of the year due to geopolitical turmoil and global trade and tariff discussions. We can also see continued concerns about a recession. The housing market continued to recover in the first half of the year, resulting in slightly higher prices.
Länsförsäkringar’s mortgage business continued to perform well in the first half of 2025. Länsförsäkringar has remained successful and was the player with the highest growth in mortgage lending. 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.
Inflation was relatively low, leading the Riksbank to cut interest rates several times. We can continue to see that our customers have good resilience even though costs of living remain high for many.
Länsförsäkringar Hypotek’s very high credit quality and strong financial position remain firm, and in light of this, we are convinced that we will be able to continue to offer security in people’s everyday lives, and aim to continue to do new mortgage business with a rising number of Länsförsäkringar Hypotek’s and see volumes grow.”, says Anders Larsson, President of Länsförsäkringar Hypotek.

The period in brief:

• Operating profit increased 11% to SEK 954 M (860) and the return on equity amounted to 8.5% (8.0).
• Net interest income declined 11% to SEK 1,223 M (1,372).
• Credit losses amounted to SEK 3 M (2), net, corresponding to a credit loss level of 0.00% (0.00).
• Operating profit was impacted by fees levied of SEK 134 M (128), of which risk tax comprised SEK 72 M (69).
• Lending increased 7% to SEK 347 billion (326).
• The Common Equity Tier 1 capital ratio amounted to 18.4% (19.0*) on 30 June 2025.

Figures in parentheses pertain to the same period in 2024.
* Refers to 31 December 2024.

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)10 498 7029, +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.

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