In Q2 of 2025, LHV Group reported higher net profit and increased business volumes despite lower interest rates. The loan portfolio reached 5 billion euros, with net profit at 30.8 million euros, a 6% increase. All subsidiaries, including LHV Pank, were profitable. Revenue was 73.9 million euros, with net interest income at 57.6 million euros. Assets totaled 9.38 billion euros, a 28% increase year-on-year. LHV Group’s net income was 153.3 million euros for the first half of 2025. LHV Group outperformed the financial forecast for net income and net profit.

LHV Group’s net income in the second quarter was positively impacted by higher profitability and write-down effects on previous provisions. LHV Pank saw growth in clients and deposits, with the launch of the innovative banking service LHV Premium. LHV Pank’s loan portfolio increased, and provisions were reduced due to improved creditworthiness. LHV Bank in the UK also experienced growth in deposits and loans. LHV Kindlustus showed strong growth in the insurance sector. LHV’s pension funds offered positive returns.

In the second quarter, LHV Group issued covered bonds and saw increased deposits and loans across its subsidiaries. LHV Group remains well-capitalized and received positive ratings from Moody’s. LHV Group’s Chairman of the Management Board, Madis Toomsalu, commented on the strong growth trajectory and increased investment confidence. LHV Group will present its results via a Zoom webinar and continues to provide financial services to clients in Estonia and the UK.

Read more at GlobeNewswire: LHV Group unaudited financial results for Q2