Core Insights - LHV Group reported strong financial performance in April, with significant growth in both loan and deposit portfolios, alongside a net profit of EUR 10.8 million [1][2] Financial Performance - The consolidated loan portfolio of LHV Group increased by EUR 77 million, while total deposits rose by EUR 727 million in April [1] - The net profit for LHV Group was EUR 10.8 million, with contributions from subsidiaries: AS LHV Pank (EUR 10.1 million), LHV Bank Ltd (EUR 83 thousand), AS LHV Kindlustus (EUR 319 thousand), and AS LHV Varahaldus (EUR 68 thousand) [2] - The return on equity attributable to shareholders was 19.1% [2] Customer Growth and Deposits - LHV Pank gained 2,800 new customers in April, with a loan portfolio growth of EUR 53 million and deposits increasing by EUR 574 million [3] - The increase in deposits included EUR 41 million from retail customers and EUR 212 million from corporate customers, with an additional EUR 120 million from platform deposits [3] Ratings and Recognition - Moody's Ratings upgraded LHV Pank's covered bond programme and ratings to the highest Aaa level [4] - LHV was recognized as one of the leading employers in the financial sector for the fifth consecutive year, ranking second in the overall assessment [4] UK Operations - LHV Bank in the UK saw rapid growth, with a loan portfolio increase of EUR 24 million and platform deposits rising by EUR 130 million [5] - The bank's profit was affected by increased marketing expenses for an upcoming retail banking campaign [5] Insurance and Investment Management - LHV Kindlustus signed new insurance contracts worth EUR 3.7 million, with claims paid totaling EUR 2.1 million [6] - The pension funds managed by LHV maintained their value despite market tensions, with larger funds showing year-to-date returns of 3.4% and 4.1% [7] Capital and Credit Ratings - LHV Group issued EUR 50 million in Tier 1 capital to support growth and repurchase previous AT1 bonds [8] - The long-term issuer rating for LHV Group remains Baa3 with a positive outlook [8] 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 [9] - As of the end of April, LHV served 468,000 banking clients, managed pension funds for 113,000 active clients, and provided insurance for 176,000 clients [9]

Additional information: On 24 April 2025 AB Šiaulių Bankas has redeemed the issue of EUR 20 000 000 nominal value of 6.15% fixed rate subordinated second tier notes (ISIN: LT0000404287), by exercising the early redemption right. As of 24 April 2025, these bonds have been delisted from the Nasdaq Vilnius Bond List and deleted from the Nasdaq CSD accordingly. "The bonds have been redeemed early because, with less than five years remaining until the maturity of the subordinated bonds, less than 100% of the iss ...