In Q3 2025, LHV Group saw an increase in business volumes but faced pressure on revenues and profitability. The Group earned a net profit of EUR 26.3 million, with a return on equity of 14.3%. Expenses totalled EUR 38.8 million, with loan impairment at EUR 1.7 million due to few customers.

LHV Group’s consolidated assets at the end of September 2025 were EUR 9.53 billion, a 22% increase from the previous year. The consolidated loan portfolio grew by 5% to EUR 5.23 billion, and deposits increased by 1% to EUR 7.45 billion. The number of payments made by customers rose to 21.3 million in Q3.

For the first 9 months of 2025, LHV Group’s consolidated net income was EUR 226.0 million, 11% less than the previous year. The Group’s consolidated net profit was EUR 86.2 million, a 24% decrease from a year earlier. LHV Pank led with a net profit of EUR 79.4 million.

LHV Group’s net income in Q3 was impacted by falling interest rates, leading to a decline in net interest income. Loan volumes and deposits continued to grow, with loan impairments affecting profitability. LHV Pank was named the best bank in Estonia by Euromoney and a preferred employer among economics students.

LHV Bank’s loan portfolio in the UK increased to EUR 660 million, with approved loans exceeding EUR 200 million. Deposits decreased to EUR 1.0 billion, prompting new product launches to attract customers. LHV Kindlustus’ quarterly sales were slightly below plan, with a net profit of EUR 2.4 million in 9 months.

LHV pension funds saw positive returns in Q3, reflecting market growth. LHV Group remains well-capitalised, issuing EUR 80 million in subordinated bonds. Virtual investor meetings are scheduled, and Moody’s upgraded LHV Group’s debt rating to Baa2. LHV Group is a leading financial group in Estonia, with key subsidiaries serving over 483,000 customers.

Read more at GlobeNewswire: LHV Group’s unaudited financial results for Q3 and nine