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
8651
Attachments
Submission date and time
16.03.2021 08:00:00
Content of announcement in Estonian
Title
LHV Groupi tulemused veebruaris 2021
Message
Veebruar oli LHV Groupi jaoks tegus kuu kõrge klientide aktiivsusega. Grupi konsolideeritud puhaskasum oli 3,1 miljonit eurot. LHV Pank teenis 3,3 miljonit eurot puhaskasumit, sealjuures 0,7 miljonit eurot Ühendkuningriigi filiaaliga seotud klientide teenindamisest. Varahalduse puhaskasum oli 0,1 miljonit eurot ning LHV Kindlustus teenis 0,1 miljonit eurot kahjumit. Olulisematest sündmustest kuulutas uuringufirma DIVE LHV järjekordselt Eesti parima teenindusega pangaks. LHV tulemus, 98%, oli parim kogu Baltikumis. Lisaks lisandus klientide pangakaartidele püsiannetuse funktsioon, mis võimaldab selle sisse lülitanud klientidel iga kaardimaksega heategevusse panustada. Investeerimisteenuste turuliidrina langetas LHV tehingutasusid välisaktsiatega kauplejatele, soodustades investeerimist eelkõige väiksemate summadega. Nasdaq Baltic kuulutas LHV Panga parimaks maakleriks Balti turgudel. Panga klientide arv kasvas veebruaris 5000 võrra. LHV laenuportfell suurenes kuuga 19 miljoni euro võrra. Hoiused kasvasid kokku 351 miljoni euro võrra, suurim kasv tuli finantsvahendajate poolelt. LHV langetas veebruaris pensionifondide valitsemistasusid. Suurimate aktiivselt juhitud LHV fondide valitsemistasud langesid senise 0,6% pealt 0,576% peale, LHV indeksfondide valitsemistasud alanesid pea kahekordselt. Pensionireformi mõjul vähenes II samba aktiivsete klientide arv, kui eelpensioni- ja pensioniealised II sambast väljusid. Samas võib positiivseks pidada, et II sambast lahkuda soovivate klientide arv on olnud prognoositust väiksem. Veebruari jäi ka LHV Groupi uue tütarettevõtte asutamine, millest on plaanis kujundada eraldiseisev pank Ühendkuningriigis, juhul kui järelevalve selleks loa annab. LHV Kindlustus jätkas arendustegevusi kindlustustoodete turule toomiseks, testimiseks on esimesed kliendilepingud juba sõlmitud. Ettevõte värbab aktiivselt uusi meeskonnaliikmeid. Keskmisest lühem kuu jäi tulemuste poolest keskmisele alla, kuid veebruaris avalikustatud finantsplaan püsib. AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded (https://www.globenewswire.com/Tracker?data=HiLAlABD9XGfAPWUQ80_fUbhblYY4ss61gi1 Q2rmAIPVy3zyJCr484jwZ6_ABKpnibs_Zf5Gs5jgylSx6xjchzTgYooSpDZeWhOSwb0ziAgl6eidKeRk 7muYQeosTVCz). LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus ja LHV Kindlustus. LHV-s töötab üle 540 inimese. LHV pangateenuseid kasutab üle 269 000 kliendi ja LHV hallatavatel pensionifondidel on 179 000 aktiivset klienti. 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 for February 2021
Message
February was a busy month for LHV Group, with a high level of client activity. The consolidated net profit of the Group was EUR 3.1 million. LHV Pank earned EUR 3.3 million in net profit; at that, EUR 0.7 million from servicing clients related to the United Kingdom branch. The net profit of Varahaldus was EUR 0.1 million, and LHV Kindlustus recorded a loss of EUR 0.1 million. Among more important events, survey company DIVE once again declared LHV the bank with the best service in Estonia. LHV's result, 98%, was the best in the Baltics. Also, the possibility of permanent donation was added to the bank cards of clients, which enables clients who have turned it on to contribute to charity with every card payment. As the market leader for investment services, LHV reduced transaction fees for traders of foreign shares, facilitating investment primarily with smaller amounts. Nasdaq Baltic declared LHV Pank the best broker on the Baltic markets. The number of bank clients increased by 5000 in February. LHV's loan portfolio increased by EUR 19 million within the month. Deposits increased by a total of EUR 351 million; the largest increase arrived on behalf of financial intermediaries. In February, LHV reduced the management fees of pension funds. The management fees of the largest actively managed LHV funds were reduced from the former 0.6% to 0.576%; the management fees of LHV index funds were reduced by almost two times. As a result of the pension reform, the number of II pillar active clients was decreased when people of early retirement age and pensionable age left the II pillar. At the same time, it can be considered a positive fact that the number of clients wishing to leave the II pillar has been lower than estimated. February also saw the establishment of LHV Group's new subsidiary, which is planned to be shaped into a standalone bank in the United Kingdom, provided that the supervisory authorities grant permission for it. LHV Kindlustus continued development activities to introduce new insurance products to the market; the first client agreements for testing have already been concluded. The company is actively hiring new team members. The shorter than average month remained below average in terms of results, but the financial plan published in February 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, LHV Varahaldus, and LHV Kindlustus. LHV employs over 540 people. LHV's banking services are used by 269,000 clients, and pension funds managed by LHV have 179,000 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 Phone: +372 502 0786 Email: [email protected] (mailto:[email protected])