Net interest income fell from SEK 10.8 billion to SEK 10.2 billion. Overall, income fell from SEK 19.8 billion to SEK 18.4 billion, while expenses fell by approximately SEK 600 million.
The profit was still better than expected, according to Bloomberg's compilation of analysts' forecasts.
In connection with the report, the bank's board of directors announced that it was starting a share buyback program of SEK 1.25 billion. Share buybacks can be seen as a form of dividend to shareholders.
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