Market announcement

AS LHV Group

LEI code

529900JG015JC10LED24

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Credit institution

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

8456

Submission date and time

15.12.2020 08:00:00

Content of announcement in Estonian

Title

LHV Groupi tulemused novembris 2020

Message

AS LHV Group teenis novembris konsolideeritud puhaskasumit 4,3 miljonit eurot.
Pank teenis 4,4 miljonit eurot puhaskasumit, sealjuures 0,6 miljonit eurot
puhaskasumit Ühendkuningriigi filiaaliga seotud klientide
teenindamisest. Varahaldus teenis 0,3 miljonit eurot puhaskasumit.

November oli kõigi LHV ärisuundade lõikes tugev kuu. Lisaks ärimahtude kasvule
ja klientide aktiivsele tegutsemisele mõjutas novembri tulusid ka varem soetatud
laenuportfelli ostuallahindluse osaliselt tuludes kajastamine. Tulemusena oli
grupi kulu/tulu suhe 38,9%.

LHV Pank sai novembris juurde rekordiliselt 6300 pangaklienti. Suurt aktiivsust
näitasid ka investeerimishuvilised, kui novembris toimunud Börsihai aktsiamängus
osales kokku pea 6600 mängijat. Novembris tõime turule Google Pay
maksevõimaluse, mis tähendab, et nüüd saavad oma nutiseadmetega maksta pea kõik
LHV pangakaardiomanikud.

Aktiivne oli november ka LHV Varahalduse jaoks. Klientide hulk jätkas
suurenemist ning jaanuari alguses liigub osakute vahetamise tulemusena LHV
pensionifondidesse rekordilised 38 miljonit eurot. Seoses pensionireformiga
suurenes pea poole võrra III samba klientide hulk. Detsembri esimestel päevadel
tõi LHV turule Eesti esimese rohelise III samba pensionifondi.

LHV konsolideeritud hoiuste maht kasvas novembris 295 miljoni euro võrra 3,63
miljardi euroni, peamiselt tulenes kasv maksevahendajatest klientide hoiustest.
Konsolideeritud laenuportfell suurenes 31 miljoni euro võrra 2,17 miljardi
euroni. LHV juhitud fondide maht suurenes 28 miljoni euro võrra 1,52 miljardi
euroni. Tugeva kasumiga november tasandas oktoobri mahajäämuse finantsplaaniga
võrreldes ning finantsplaan püsib.

AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded.

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV
Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab üle
500 inimese. LHV pangateenuseid kasutab ligi 247 000 klienti ja LHV hallatavatel
pensionifondidel on üle 180 000 aktiivse kliendi. LHV Ühendkuningriigi filiaal
pakub panganduse taristut enam kui 140 rahvusvahelisele finantsteenuste
ettevõttele, mille kaudu jõuavad LHV makseteenused klientideni üle terve
maailma.




Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
E-post: [email protected] (mailto:[email protected])

Content of announcement in English

Title

LHV Group results in November 2020

Message

In November, AS LHV Group earned EUR 4.3 million in consolidated net profit. The
bank earned EUR 4.4 million in net profit, at that, EUR 0.6 million in net
profit from servicing clients related to the UK branch; Varahaldus earned EUR
0.3 million in net profit.

November was a strong month in terms of all business lines of LHV. In addition
to the growth of business volumes and the high activity of clients, the revenues
of November were also affected by the partial recognition in revenues of the
previously acquired loan portfolio's purchase discount. As a result, the Group's
Cost/Income Ratio was 38.9%.

LHV Pank gained a record number of 6,300 new banking clients in November. High
activity was also shown by people interested in investing, when almost 6,600
players participated in the Börsihai stock game that was held in November. In
November, we brought the Google Pay method of payment to the market, which means
that now, almost all people who own a LHV bank card, are able to pay with their
smart device.

November was also active for LHV Varahaldus. The number of clients continued to
increase, and as a result of the exchange of units, in January, a record amount
of EUR 38 million will transfer to LHV pension funds. In relation to the pension
reform, the number of III pillar clients also increased by half. On the first
days of December, LHV launched Estonia's first green III pillar pension fund.

The volume of consolidated deposits at LHV increased in November by EUR 295
million, to EUR 3.63 billion; the growth mainly originated from the deposits of
clients who are payment intermediaries. The consolidated loan portfolio
increased by EUR 31 million, to EUR 2.17 billion. The volume of the funds
managed by LHV increased by EUR 28 million, to EUR 1.52 billion. November's
strong profit evened out October's underperformance regarding the financial
plan, and the financial plan stands.

AS LHV Group reports are available at: https://investor.lhv.ee/en/reports.

LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. LHV
employs over 500 people. LHV's banking services are used by 247,000 clients, and
pension funds managed by LHV have more than 180,000 active clients. LHV's UK
branch offers banking infrastructure to 140 international financial services
companies, via which LHV's payment services reach clients around the world.



Priit Rum
LHV Communication Manager
Email: [email protected] (mailto:[email protected])
Phone: +372 502 0786