From GlobeNewswire: 2025-06-17 01:00:00

1. LHV Group experienced rapid growth in its loan portfolio in May, with a €104 million increase. Despite a decrease in interest rates, the company earned a consolidated net profit of €10.3 million. Client numbers at LHV Bank grew by 2,800, surpassing 470,000. The bank saw strong loan growth of €83 million, with good overall loan quality. In the UK, LHV Bank introduced a new retail banking offer, contributing to a €21 million increase in the loan portfolio. LHV Insurance continued its steady revenue growth, signing new insurance contracts worth €3.15 million in May.
2. LHV Bank reported a consolidated net profit of €10.3 million in May, with subsidiaries LHV Pank, LHV Bank Ltd, LHV Kindlustus, and LHV Varahaldus also contributing to profits. The bank’s capital return to shareholders was 17.3% in May. LHV Pension Funds saw value growth for clients, with the largest funds increasing by 1.2% to 2.3%. LHV Varahaldus’s net profit exceeded expectations, and efforts are underway to simplify pension fund names for clients.
3. LHV Group issued €50 million in AT1 bonds in April, then recalled €15 million worth in May. The company increased its share capital by €366,721.30 due to an employee stock option program. LHV Group’s financial plan remains stable. The company’s reports are available online. LHV Group is the largest domestic financial group in Estonia, with subsidiaries including LHV Bank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited, serving over 471,000 clients.

Read more at GlobeNewswire: LHV Groupi tulemused maikuus 2025