The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer commented on along with the recent macro rally. Cramer showed optimism around the stock in case of a rate cut around the next Fed meeting, as he remarked: “Of the disappointers, Home Depot’s the most sensitive to a decline in interest rates. The Fed’s meeting’s next week, so things could turn around real fast for the despot, which is higher than where it reported that bad quarter. That’s why we own it for the Charitable Trust.” Rob Wilson / ...

Group 1 - Seeking Alpha welcomes Gustavo Ribeiro as a new contributing analyst, encouraging others to share investment ideas for publication [1] - The article emphasizes the opportunity for contributors to earn money and gain access to exclusive SA Premium features [1] Group 2 - The analyst has disclosed a beneficial long position in ENPH shares, indicating personal investment interest [2] - The article reflects the author's opinions without external compensation, highlighting independence in analysis [2] Group 3 - Seeking Alpha clarifies that past performance does not guarantee future results, underscoring the importance of individual investor discretion [3] - The platform does not provide specific investment recommendations, emphasizing the diverse backgrounds of its analysts [3]

Core Insights - LHV Group experienced significant growth in its loan portfolio in May, with a consolidated increase of EUR 104 million, while deposits decreased by EUR 34 million [1][3] - The company reported a consolidated net profit of EUR 10.3 million for May, with a return on equity of 17.3% [2] - The number of customers for LHV Pank grew by 2,800, surpassing 470,000, indicating strong customer acquisition [3][8] Loan and Deposit Performance - The loan growth was robust at EUR 83 million, with EUR 51 million from corporate loans and EUR 32 million from private loans [3] - The overall quality of the loan portfolio remains strong, with a resolution found for one of the largest non-performing loans, leading to a reduction in provisions [3] - Corporate banking deposits decreased less than expected, while retail banking deposits increased by EUR 88 million [3] Subsidiary Performance - AS LHV Pank earned a net profit of EUR 10.5 million, while LHV Bank Ltd, LHV Kindlustus, and LHV Varahaldus reported net profits of EUR 28 thousand, EUR 339 thousand, and EUR 297 thousand respectively [2] - LHV Kindlustus continued stable revenue growth, concluding new insurance contracts worth EUR 3.15 million, with a total of 274,000 valid contracts by the end of May [5] - LHV Varahaldus saw its larger pension funds grow by 1.2% and 2.3%, with the LHV Pensionifond Indeks increasing by 5.6% [6] Market Developments - LHV Bank launched its initial retail customer offer in the UK, allowing customers to use the bank app and perform various banking functions [4] - The company issued AT1 bonds worth EUR 50 million in April, with EUR 15 million called back in May, and increased share capital by EUR 366,721.30 through a share option program [7] Company Overview - LHV Group is the largest domestic financial group in Estonia, with key subsidiaries including LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited [8] - The group employs over 1,150 people and serves 471,000 banking customers, 111,000 pension fund customers, and 176,000 insurance customers [8]