The report shows that SBAB's operating profit for the fourth quarter of last year fell to SEK 676 million, down from SEK 707 million in the corresponding quarter a year earlier.
Net interest income, the bank's profit from the difference between deposit and lending rates, shrank marginally to SEK 1,270 million, from SEK 1,278 million.
Higher consulting and marketing expenses pushed costs in the quarter up to SEK 520 million, from SEK 453 million.
SBAB's total lending increased by 0.1 percent during the quarter to SEK 544.9 billion. Deposits decreased by 0.1 percent to SEK 264.7 billion.
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