LHV Group concluded 2025 with strong growth in deposit and loan portfolio volumes. Despite a 10% decrease in total net income to EUR 304.8 million, net fee and commission income increased by 5% to EUR 63.3 million. The Group’s consolidated assets grew by 17% to EUR 10.23 billion by the end of the year.

AS LHV Pank contributed significantly to the Group’s profit, earning EUR 107.1 million in 2025. LHV Bank Limited recorded a net profit of EUR 5.5 million, AS LHV Varahaldus EUR 4.1 million, and AS LHV Kindlustus EUR 2.5 million. The return on equity attributable to shareholders was 16.0% in 2025.

In Q4, LHV Group’s consolidated net income increased by 9% quarter-on-quarter to EUR 78.8 million. AS LHV Group’s consolidated net profit reached EUR 30.8 million, with AS LHV Pank earning EUR 27.7 million in Q4. LHV Bank Ltd earned EUR 2.3 million, AS LHV Varahaldus EUR 2.7 million, and AS LHV Kindlustus EUR 100,000.

LHV Pank saw growth in its customer base, with 492,000 customers by year-end. Net interest income increased by 2% in Q4 to EUR 50.1 million, while net fee and commission income grew by 11% to EUR 12.9 million. The financial intermediaries segment contributed EUR 26 million to LHV Bank.

LHV Bank in the UK experienced strong loan portfolio growth, reaching EUR 782 million by year-end. Deposits increased to EUR 1.29 billion. Key highlights for LHV Bank in 2025 included a 24% increase in net income, reaching EUR 55.5 million, and being named the Best Bank in Estonia by The Banker and Euromoney.

LHV Varahaldus saw its customer base grow to 142,000 with the delivery of the best market rate of return. Net profit reached EUR 4.1 million, exceeding the financial plan. Pension funds managed by LHV demonstrated strong growth in assets under management and rate of return.

Regulatory changes and an on-site audit by the ECB impacted LHV Group’s capital adequacy calculation for 2024. The Group implemented changes and remains confident in its compliance with regulatory requirements. Moody’s Ratings affirmed LHV Pank’s strong financial position and upgraded LHV Group’s senior unsecured debt rating.

LHV Group’s Chairman highlighted a strong Q4 performance, with growth in customer numbers and business volumes. Despite falling short of the full-year financial plan, the Group saw positive results from subsidiaries like LHV Varahaldus, LHV Bank, and LHV Kindlustus. Local and international recognitions were received, reflecting trust from stakeholders.

LHV Group is Estonia’s largest financial group, with subsidiaries like LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group’s services are used by 492,000 customers, with a focus on innovation, customer service, and financial strength. AS LHV Group’s detailed reports are available on their website for investors.

Read more at GlobeNewswire: Unaudited financial results of LHV Group for Q4 and 12