LHV Group reported a higher net profit of 30.8 million euros in Q2 2025, up 6% from the previous quarter. All subsidiaries were profitable, contributing to a consolidated net revenue of 73.9 million euros. The group’s loan portfolio reached 5 billion euros, with net interest income of 57.6 million euros and operating costs of 40.5 million euros.

LHV Bank saw an increase of 8,300 clients and 576 million euros in deposits in Q2. New services like LHV Premium and revised fee structures were introduced. LHV Bank’s loan portfolio grew by 190 million euros, and provisions were reduced by 4.1 million euros due to improved economic conditions.

LHV Bank issued 300 million euros worth of bonds in Q2 and raised additional capital to support loan growth. LHV Bank’s deposits reached 1.02 billion euros, and profitability was impacted by higher marketing expenses and interest rate hedging. Overall, net revenues and profits exceeded financial plans in the first half of 2025.

LHV Insurance showed strong growth in Q2, with premiums and net profit increasing. Investment funds managed by LHV saw positive returns. The company announced the merge of pension funds for better asset management. Moody’s upgraded LHV Bank’s ratings and affirmed LHV Group’s financial strength.

LHV Group remains well-capitalized, issuing 50 million euros of AT1 bonds and 60 million euros of unsecured bonds in Q2. The group’s performance exceeded expectations, driven by loan growth and active customer engagement. Virtual investor meetings are scheduled for further updates on the results.

Read more at GlobeNewswire: LHV Groupi 2025. aasta II kvartali ja 6 kuu