In Q2 2025, LHV Group reported a higher net profit of 30.8 million euros, an increase of 6% from the previous quarter. The loan portfolio reached 5 billion euros, with all subsidiaries profitable. Consolidated assets grew to 9.38 billion euros, a 10% increase from the previous quarter.
LHV Group’s net income was boosted by a rise in loan volumes and deposits in Q2. LHV Pank introduced new banking services, while LHV Bank saw growth in loans and deposits. LHV Kindlustus showed strong growth in the insurance sector. The global financial market’s positive returns reflected on LHV’s pension funds.
LHV Bank in the UK experienced growth in loans and deposits, with a net profit of 0.1 million euros. LHV Kindlustus saw insurance revenue and net profit increase. LHV Varahaldus maintained performance. Moody’s Ratings affirmed LHV’s strong financial position.
LHV Group Chairman Madis Toomsalu expressed satisfaction with the growth in the loan portfolio, reaching 5 billion euros. The Group remains well-capitalized, issuing bonds and getting favorable ratings from Moody’s. LHV Group will host an investor meeting to discuss Q2 results.
For more information on AS LHV Group’s financial reports, visit their website. LHV Group, Estonia’s largest financial group, consists of key subsidiaries like LHV Pank and LHV Bank. The Group is focused on providing quality financial services to clients in Estonia and internationally. Contact their Investor Relations and Communications departments for inquiries.
Read more at GlobeNewswire: LHV Group unaudited financial results for Q2 and 6 months