Landshypotek Bank’s Year-end report 2025: “Our net profit for the year demonstrates the strength of our growth and the increased customer value we deliver”

In 2025, Landshypotek Bank strengthened its position in the Swedish banking market as a bank for borrowing and for saving. More and more customers have chosen the bank and earnings have improved. The bank is now leveraging its strong position with a new strategy to continue investing in growth and becoming an even better bank for customers. 

Landshypotek Bank’s 2025 year-end report, presented today, showcases the bank’s year-on-year improvement in financial performance. Operating profit amounted to SEK 502 million (489). 

This strong performance was built on Landshypotek’s stable banking business, good credit quality and lending growth. Despite a cautious and competitive market, the bank has continued to grow its lending. Lending increased SEK 7.1 billion to a total of SEK 118.2 billion (111.1). Despite margin pressure, net interest income increased to SEK 1,158 million (1,124) – that’s nearly SEK 1.2 billion. Costs were under control and rose as planned to SEK 621 million (603).

The year-end report shows a marginal increase in provisions for credit losses of SEK 14 million (loss: 4), while actual losses remained low and pertained to a few individual counterparties and were unrelated to macro-economic developments.

 “On review of the year, we demonstrated stability, continued developing to benefit our customers and further strengthened our market position. We grew both in mortgages and in lending for farming. More customers, increased lending and stronger net interest income means that we also improved our earnings,” says Johan Ericson, CEO of Landshypotek Bank.

The bank grew robustly in the mortgage market in the beginning of the year, when Landshypotek first started offering mortgages on tenant-owner apartments. Swedish Quality Index (SKI) confirmed later in the autumn that customers are recognising the benefits of Landshypotek’s customer interest rate transparency, ease of contact and our values. In SKI’s major mortgage survey, customers ranked Landshypotek as one of the top banks for mortgages. 

Landshypotek has also continued to grow in lending for farming and reinforced its market-leading position as the largest source of finance in lending for farming. Many farmers have positive outlooks. Farms will require investment going forward – both to increase production and to transition to more sustainable agriculture. 

Following several years of strong deposit growth, 2025 was more of a challenge, but the volume remained stable at SEK 25.6 billion (25.9). Savings are an important component of Landshypotek’s future initiatives and, in the long term, the bank will apply new approaches to broaden its market presence and develop the customer offering.

A new strategy was adopted in the quarter that strengthens the bank’s role as a specialist bank in savings and lending, with a broadened offering and increased customer value.

“We continue to invest in the bank’s future with the conviction that Sweden’s banking market needs a bank like Landshypotek – a bank that cares deeply about customers and society. We now have a firm ambition to grow faster than the market in all our customer segments. Extensive development is ongoing to broaden our product offering and to enable us to address a larger share of our market,” says Johan Ericson.

The full report is attached (pdf)

Summary of the year-end report

January – December 2025 (compared with January – December 2024)

  • Operating profit amounted to SEK 502 million (489)
  • Net interest income amounted to SEK 1,158 million (1,124)
  • Costs totalled SEK 621 million (603)
  • Net credit losses impacted earnings with SEK 14 million (loss: 4)
  • Loans to the public amounted to SEK 118.2 billion (111.1)
  • Deposits from the public amounted to SEK 25.9 billion (27.1)

October – December 2025 (compared with July – September 2025)

  • Operating profit amounted to SEK 102 million (148)
  • Net interest income amounted to SEK 291 million (287)
  • Costs totalled SEK 169 million (134)
  • Net credit losses impacted earnings with SEK 4 million (loss: 3)
  • Loans to the public amounted to SEK 118.2 billion (116.5)
  • Deposits from the public amounted to SEK 25.9 billion (26.6)

 

Landshypotek Bank AB is required to disclose this information pursuant to the Securities Market Act (2007:528). This information was submitted for publication on 4 February 2026 at 8.00 a.m. (CET).

 

For more information, please contact:

Jonas Feinberg, Press Officer, +46 70 349 24 10

About Landshypotek

Landshypotek has grown robustly in recent years as a customer-centric challenger in the banking market for mortgages and savings. Customers appreciate the bank’s simple and open nature, with transparent terms and conditions for mortgages and savings, in addition to its expertise in customer service and the circular business model of farming and forestry. The bank’s clear values mean that more and more customers view it as a strong option in the banking market. Landshypotek was founded by customers in 1836. The bank, which offers services in savings and loans, is owned by the farming and forestry customers and operates throughout Sweden. 

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