LHV Group results in November 2025

Core Insights - LHV Group reported increased profits and business volumes in November, with a consolidated net profit of EUR 11.9 million and a return on equity of 19.3% [2][7] - The loan portfolio grew by EUR 94 million to EUR 5.38 billion, while deposits rose by EUR 155 million to EUR 7.66 billion [1][7] - The number of customers at LHV Pank increased by 2,875, reaching a total of 489,000 [3][8] Financial Performance - Consolidated net profit for November was EUR 11.9 million, with contributions from subsidiaries: AS LHV Pank (EUR 11.4 million), LHV Bank Ltd (EUR 0.9 million), AS LHV Varahaldus (EUR 0.2 million), and AS LHV Kindlustus (EUR 0.04 million) [2] - The loan portfolio of LHV Pank reached EUR 4.65 billion, with a monthly increase of EUR 40 million [3] - LHV Bank in the UK saw loan volumes increase by EUR 55 million, bringing the total loan portfolio to EUR 728 million [4] Customer and Deposit Growth - The total number of customers for LHV Pank reached 489,000, with a deposit volume of EUR 6.64 billion [3][8] - LHV Bank's total deposits increased by EUR 119 million to EUR 1.20 billion [4] Fund Performance - LHV Varahaldus funds showed modest performance with increases of 0.6% and 0.3% for the largest funds, while the pension fund Indeks rose by 0.9% [5] Insurance Operations - LHV Kindlustus signed new insurance contracts worth EUR 3.3 million, with approximately 298,000 contracts in force by the end of November [6] - The net expense ratio for LHV Kindlustus was 30.7%, influenced by a sales campaign that boosted growth in motor insurance [6] Year-to-Date Performance - LHV Group's net income for the year is EUR 8.7 million below the financial plan, while the loan portfolio and deposits exceed the plan by EUR 114 million and EUR 168 million, respectively [7]