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
9159
Attachments
Submission date and time
09.11.2021 08:00:00
Content of announcement in Estonian
Title
LHV Groupi tulemused oktoobris 2021
Message
AS LHV Group teenis oktoobris konsolideeritult 6,1 miljonit eurot puhaskasumit. AS LHV Pank teenis puhaskasumit 6,4 miljonit eurot, sellest 1,6 miljonit Ühendkuningriigi filiaaliga seotud klientide teenindamisest. AS LHV Varahaldus teenis 0,4 miljonit eurot puhaskasumit ja AS LHV Kindlustuse puhaskahjum oli 26 tuhat eurot. Grupi konsolideeritud hoiuste maht kasvas oktoobris 374 miljoni euro võrra, laenuportfelli maht suurenes 41 miljoni euro võrra ja LHV juhitud fondide maht 37 miljoni euro võrra. Oktoobris ulatus panga finantsvahendajatest klientidega seotud töödeldud maksete arv 2,5 miljoni makseni. Kuu tulemust panga jaoks mõjutasid suuremad teenustasutulud ja klientide aktiivsus, eriti investeerimisteenuste kasutamise aktiivsus. Pangaklientide hulk suurenes enam kui 8400 võrra, seejuures arveldavaid kliente tuli juurde 4200 võrra. Investeerimislepinguga klientide arv kasvas oktoobris enam kui 10 tuhande võrra. Seda mõjutas aktiivne aeg börsidel ja Enefit Greeni aktsiate noteerimine. Laenuportfelli 41 miljoni eurosest kasvust tulenes 23 miljonit eurot ettevõtete laenudest ja 18 miljonit eurot jaelaenudest. Laenuportfelli kvaliteet püsib hea. Panga hoiuste 399 miljoni eurosest kasvust moodustasid enamuse finantsvahendajate hoiused, mis kasvasid 374 miljoni euro võrra. Panga kasumlikkust tõstsid oodatust suuremad teenustasutulud ja madalamad allahindlused. Ühendkuningriigi äri osas oli oktoobris rõhk võtmeisikute värbamisel ja krediidiasutuse litsentsi taotlemise ettevalmistusel. Varahalduse puhaskasum edestas finantsplaani ning oli seotud pensionifondide omaosakute väärtuse kasvuga oktoobris. Tulenevalt II pensionisamba väljamaksetest oli kliendilepingute amortisatsioon oodatust mõnevõrra kiirem. II samba mahud kasvasid kuuga 34 miljoni euro võrra, aktiivsete klientide arv püsis 139 tuhande juures. Kindlustuse vaates jätkus ärimahtude ja klientide arvu kasv ning uute toodete ning kindlustuskaitsete arendamine. Kindlustusklientide arv ületas 140 tuhande. Rahulolu kahjukäsitlusega püsib kõrgel tasemel. Groupi konsolideeritud vaates edestab ettevõtte puhaskasum finantsplaani 2,9 miljoni euro võrra. Oktoobris viidi lõpule hiljuti emiteeritud aktsiate noteerimine börsil ning grupi aktsionäride hulk on kasvanud ligi 18 600 investorini. 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, LHV Varahaldus ja LHV Kindlustus. LHV-s töötab üle 630 inimese. LHV pangateenuseid kasutab oktoobri lõpu seisuga 310 000 klienti, LHV hallatavatel pensionifondidel on 139 000 aktiivset klienti ja LHV Kindlustusega on kaitstud 140 000 klienti. LHV Ühendkuningriigi filiaal pakub panganduse taristut enam kui 180 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 October 2021
Message
In October, AS LHV Group earned EUR 6.1 million in consolidated net profit. AS LHV Pank earned EUR 6.4 million in net profit, EUR 1.6 million of which was from serving clients associated with the United Kingdom branch. AS LHV Varahaldus earned EUR 0.4 million in net profit, and the net loss of AS LHV Kindlustus was EUR 26 thousand. The Group's consolidated volume of deposits grew by EUR 374 million in October, with the volume of the loan portfolio growing by EUR 41 million and the volume of funds managed by LHV growing by EUR 37 million. In October, the number of payments processed in relation to clients who are financial intermediaries reached 2.5 million payments. The bank's results of the month were affected by higher fee and commission income and client activity, especially the activity of using investment services. The number of bank clients increased by over 8,400, with the number of clients who use settlements growing by 4,200. The number of clients with an investment contract increased by more than 10,000 in October. This was affected by an active time at stock markets and the listing of Enefit Green shares. From the EUR 41 million growth of the loan portfolio, EUR 23 million originated from corporate loans and EUR 18 million from retail loans. The quality of the loan portfolio remains good. Majority of the bank's EUR 399 million deposit growth was comprised of deposits of financial intermediaries, which increased by EUR 374 million. The profitability of the bank was increased by higher than expected fee and commission income and lower discounts. Regarding the United Kingdom business, the emphasis in October was on recruiting key people and preparations for applying for a credit institution licence. The net profit of Varahaldus surpassed the financial plan and was related to the increase in value of own units of pension funds in October. Due to the disbursements of the II pension pillar, the depreciation of client agreements was somewhat quicker than expected. The volumes of the II pillar increased by EUR 34 million within the month; the number of active clients remained at around 139 thousand. In terms of insurance (AS LHV Kindlustus), the increase in business volumes and clients continued, and the development of new products and insurance coverage also went ahead. The number of insurance clients exceeded 140 thousand. Satisfaction with claims handling remains at a high level. In the consolidated view of the Group, the net profit of the company is ahead of the financial plan by EUR 2.9 million. In October, the listing of the recently issued shares on the stock exchange was completed, and the number of shareholders of the Group has increased to about 18,600 investors. AS LHV Group reports are available at: https://investor.lhv.ee/aruanded. 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 630 people. As at the end of October, LHV's banking services are used by 310,000 clients, the pension funds managed by LHV have 139,000 active clients, and LHV Kindlustus protects a total of 140,000 clients. LHV's UK branch offers banking infrastructure to 180 international financial services companies, via which LHV's payment services reach clients around the world. Priit Rum LHV Communications Manager Phone: +372 502 0786 Email: [email protected] (mailto:[email protected])