LHV Group Q2 2025 Financial Results Webinar Recording Available

LHV Group, Estonia's largest domestic financial group, held an investor webinar on July 22 to discuss its 2025 Q2 financial results. The presentation covered the company's progress and was led by Mihkel Torim, Chairman of the Management Board, and Meelis Paakspuu, CFO. A recording of the webinar is available on YouTube and the presentation is available in English on LHV's website.

Estonia's largest domestic financial group, LHV Group, recently held an investor webinar to discuss its 2025 Q2 financial results. The webinar, led by Mihkel Torim, Chairman of the Management Board, and Meelis Paakspuu, CFO, provided insights into the company's progress during the second quarter of 2025. A recording of the webinar is available on YouTube, and the presentation is available in English on LHV's website.

LHV Group reported a net profit of 30.8 million euros in Q2 2025, a 6% increase compared to the previous quarter. This was driven by a higher net interest income of 57.6 million euros and net fee and commission income of 15.6 million euros. The company's return on equity (ROE) attributable to shareholders was 17.4% in Q2, reflecting strong profitability.

The loan portfolio of LHV Group reached 5 billion euros, with a 269 million euro increase over the previous quarter. The company also saw a 12% increase in deposits, reaching 7.36 billion euros. Additionally, LHV Group's consolidated net revenue for the first half of 2025 amounted to 153.3 million euros, a 10% decrease compared to the same period last year. The company's net profit for the first half of 2025 was 59.9 million euros, a 24% decrease compared to the previous year.

LHV Pank, the largest subsidiary, reported a net profit of 54.9 million euros in the first half of 2025, with a 62% increase in insurance revenue and a 78% increase in net profit compared to the previous quarter. The company also launched an innovative banking service, LHV Premium, combining everyday banking, insurance, and travel services.

LHV Bank Ltd, operating in the United Kingdom, reported a net profit of 0.1 million euros in Q2 2025. The company's loan portfolio increased by 79 million euros, and deposits reached a record 1.02 billion euros. LHV Kindlustus, the insurance subsidiary, reported strong growth in the second quarter, with insurance revenue and net profit increasing by 78% and 62%, respectively.

LHV Group's financial performance was positively impacted by lower interest rates and the resolution of major creditworthiness issues. The company's strong capitalization and positive outlook were reflected in Moody's ratings, which raised the ratings for LHV Pank’s covered bond programme and covered bonds to the highest level, Aaa.

The webinar provided a comprehensive overview of LHV Group's financial performance and future prospects, offering investors and financial professionals valuable insights into the company's operations and growth strategy.

References:
[1] https://view.news.eu.nasdaq.com/view?id=bff51bf45b2dd77856224939136760bdb&lang=en&src=listed