Handelsbanken, one of Sweden's largest mortgage banks, reports an operating profit of 8.5 billion kronor for the second quarter of the year. This can be compared to the profit of 8.3 billion kronor during the corresponding quarter last year.
Despite the increase, this was somewhat less than expected, according to Bloomberg's compilation of forecasts from analysts.
The net interest income – what the bank earns from the difference between deposit and lending rates – remained steady at around 11.7 billion kronor. This can be compared to a net interest income of almost 11.7 billion a year earlier.
Analysts had expected the net interest income to fall to 11.4 billion.
