Core Insights - LHV Group experienced a decline in net income and profitability in Q3 2025, despite an increase in business volumes [1][2][15] Financial Performance - LHV Group's net profit for Q3 2025 was EUR 26.3 million, a decrease of 14% from the previous quarter and 24% year-on-year [2][4] - Consolidated net income for Q3 2025 was EUR 72.7 million, down 2% from Q2 2025 and 13% from Q3 2024 [2] - Net interest income was EUR 55.5 million, while net fee and commission income was EUR 15.3 million [2][6] - Total expenses for Q3 2025 were EUR 38.8 million, a decrease of 4% from the previous quarter but an increase of 8% year-on-year [2][6] Asset and Loan Growth - As of September 2025, consolidated assets reached EUR 9.53 billion, up 2% from the previous quarter and 22% year-on-year [3] - The consolidated loan portfolio grew by EUR 236 million, or 5%, to EUR 5.23 billion [3][15] - Consolidated deposits increased by EUR 89 million, or 1%, to EUR 7.45 billion [3][15] Customer and Market Activity - The number of LHV Pank customers grew by 9,200 during the quarter, with strong customer activity in settlements and card usage [8] - The volume of payments made by financial intermediaries reached 21.3 million in Q3, an increase of 1.4 million from the previous quarter [3] Subsidiary Performance - LHV Pank's net profit for the first nine months was EUR 79.4 million, which is EUR 2.8 million below the financial plan [9] - LHV Bank's loan portfolio in the UK increased by EUR 91 million to EUR 660 million, with over EUR 200 million in loans approved but not yet issued [10][11] - LHV Kindlustus reported a net profit of EUR 2.4 million for the first nine months, exceeding the financial plan by EUR 0.7 million [12] Capital and Ratings - LHV Group is well-capitalized, meeting all capital objectives with sufficient margin [14] - Moody's upgraded LHV Group's non-subordinated debt rating to Baa2 [14]