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AS LHV Group

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14.11.2023 08:00:00

Pealkiri

LHV Groupi tulemused oktoobris 2023

Teade

LHV Groupi oktoobri tulemusi mõjutasid kõigi tütarettevõtete kasumlik
tegutsemine ja allutatud laenude ettefinantseerimine.

AS-i LHV Group konsolideeritud hoiused kasvasid oktoobris 69 miljoni euro võrra.
Tähtajalised hoiused suurenesid 105 miljoni euro võrra (27 miljonit eurot
sellest hoiuseplatvormide kaudu kaasatud hoiuste kasv), samal ajal kui
nõudmiseni hoiused vähenesid 35 miljoni euro võrra. Grupi konsolideeritud
laenuportfell kasvas oktoobris 49 miljoni euro võrra. Jaelaenud suurenesid 13
miljonit eurot ja laenud ettevõtetele 36 miljonit eurot. LHV juhitud fondide
maht kasvas kuuga 1 miljoni euro võrra. Kuu jooksul töödeldi 5,2 miljonit
finantsvahendajatest klientidega seotud makset.

AS-i LHV Group konsolideeritud puhaskasum oli oktoobris 11,2 miljonit eurot. AS
LHV Pank teenis oktoobris 11,5 miljonit eurot puhaskasumit, AS-i LHV Varahaldus
puhaskasum oli 84 tuhat eurot, AS-il LHV Kindlustus 107 tuhat eurot ja LHV Bank
Limitedil 805 tuhat eurot. Grupi omakapitali tootlus oli oktoobris 24,9%.

LHV Panga klientide arv kasvas oktoobris 3800 võrra ning hoiusemahtudes
saavutati rekordtase. Hoiuste kaasamine on aasta viimastel kuudel selgelt
fookuses ja seda soodustab tähtajalisele hoiusele makstav kõrge intressimäär.
Hoolimata kinnisvaraturu aktiivsuse on vähenemisest, kasvas jaelaenude maht tänu
tugevale kodulaenude, aga ka õppelaenude väljastamisele. Kuigi krediidikvaliteet
püsib heal tasemel, lisas pank ettevaatavaid mudelipõhiseid allahindlusi. Panga
kulud vastasid finantsplaanile.

Varahalduse tulemusi mõjutas oktoobris turgude langus, kuid suuremad
pensionifondid säilitasid väärtust. LHV suuremad aktiivselt juhitud fondid, nagu
L ja XL, olid kerges plussis, samal ajal kui kõrge aktsiariskiga fondid Indeks
ja Roheline langesid. Tähelepanu pälvisid ka III samba fondid, mille puhul
muudeti kuu lõpus nii tingimusi kui ka nimesid klientidele arusaadavamaks.
Kasumlikul kuul vastasid nii LHV Varahalduse äritulud kui ka tegevuskulud
finantsplaanile.

Positiivne oli kuu ka LHV Kindlustusele, kuigi hooajale omaselt tuli tegeleda
tormikahjude hüvitamisega. Kokku registreeriti kuu jooksul 6300 kahjujuhtumit.
Oktoobris sõlmisid kliendid 15 900 uut kindlustuslepingut, mahuga 3,2 miljonit
eurot ning kehtivate kindlustuslepingute arv kasvas 227 tuhandeni. Neto teenitud
preemiad kasvasid kuuga 5%.

LHV Bank jätkas arendustegevustega tavaklientide hoiuse toote turule toomiseks
ja mobiilikanali loomiseks. Hoiuseplatvormi kaudu kaasati oktoobris 30 miljonit
eurot ning lähiajal on plaanis liituda veel kahe hoiuseplatvormiga. LHV Banki
laenuportfell kasvas 6 miljoni euro võrra 66 miljoni euroni.

Grupi finantsplaan püsib ning nii tulud kui ka kulud olid oktoobris
finantsplaaniga kooskõlas. Emaettevõtte tasemel mõjutas kuu tulemusi allutatud
laenude ette finantseerimine, kuivõrd ettevõte teavitas võlakirjainvestoreid
2028. aasta tähtajaga allutatud võlakirjade ennetähtaegsest lunastamisest
novembri lõpus.

AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/aruanded
(https://www.globenewswire.com/Tracker?data=lrD59y64003Ijv1R6kRbCiUXwJSmx7ZDinHV
0TChchzYaEtbbuaWBu9DJ-
FuHuYkzPAslZQR3G6HHVGZ2W4iMO3UY8uGEfy18heTVkleAQAxxbYCNGLLo0LFNMnLMR7aHWI7rZVyTm
j4N9O8AKCgR_dZG-GyL7i-
N_w227_yzwsSIjN7VhciV3QQrPsqEIYNr190gZIHT9SiKT2XWsT8KCd_nCpVM_eeqQalmg33JT0wzJY3
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Mbtox3NbCUuEuGCFq3XatI-
ZMQX87qhxAbCVKAySdei8HhT15Z0Ne999y12D0hweHVDmK7K2_YgvP51bqgRlW892sgoFbRXt9P_5hKH
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S1RVO3kxrqhv0gv09cunFya1zJg9EUVcd4NAnCw6l5J_lt6ByoAKCLc9QBobaM7-
6GZIBcyijkoQphpXyUKOshJAdCO1NNJiOVIia_o71_4E4uQfWRJPZyDfHbRQ-
O9yCtas5fjFL4b3SGSYLEGiySsE2g1EL8rikNEBwQOiUwHvfZ3MlJbOfVl6qqmdf3VPeq58XKercAIHq
f6tf_mp6IUai3-
cDAQJ9eWhpv4lPZe8BBRrkQfask3hgslpkA30K8gC0Qp7L0sSuonbinXlPMB3PtDR24hS3nnwzh_yaEY
efdzsbCaOGd0BtJCh-
2KA1Lz0CJ1JRo1LVrFuhvPnYJubH5mhKslcC2qjEagJLVgS266HEjsoSTeh6sAawWkqvLMqqrGnVZXy3
NdrLe8aGPAYKg0GsCFxHwV16vBdFgPtS2jg==).

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV
Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus, LHV Kindlustus ja
LHV Bank Limited. Grupi ettevõtetes töötab üle 1050 inimese. LHV pangateenuseid
kasutab oktoobri lõpu seisuga 411 000 klienti, LHV hallatavatel pensionifondidel
on 124 000 aktiivset klienti ja LHV Kindlustusega on kaitstud 161 000 klienti.
Groupi tütarettevõte LHV Bank omab Ühendkuningriigi pangalitsentsi ning pakub
pangateenuseid rahvusvahelistele finantstehnoloogia ettevõtetele ja laenusid
väikese ja keskmise suurusega ettevõtetele.


Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
E-post: priit.rum@lhv.ee (mailto:priit.rum@lhv.ee)

Pealkiri

LHV Group results in October 2023

Teade

LHV Group's October results were driven by the profitable operations of all
subsidiaries and the pre-financing of subordinated loans.

The consolidated deposits of AS LHV Group increased by EUR 69 million in
October. Fixed-term deposits increased by EUR 105 million (EUR 27 million of
which growth in deposits through platforms), while demand deposits decreased by
EUR 35 million. The Group's consolidated loan portfolio increased by EUR 49
million in October. Retail loans increased by EUR 13 million and corporate loans
by EUR 36 million. The volume of funds managed by LHV increased by EUR 1 million
over the month. A total of 5.2 million payments from financial intermediary
clients were processed in the course of the month.

In October, the consolidated net profit of AS LHV Group was EUR 11.2 million. In
October, AS LHV Pank earned EUR 11.5 million in net profit, AS LHV Varahaldus
EUR 84 thousand, AS LHV Kindlustus EUR 107 thousand, and LHV Bank Limited EUR
805 thousand. The Group's return on equity was 24.9% in October.

The number of clients in LHV Pank increased by 3,800 in October and deposits
reached record levels. Deposit-taking has been a clear focus in the last months
of the year, fuelled by the high interest rate paid on fixed-term deposits.
Despite the slowdown of the real estate market, the number of retail loans
increased thanks to the strong issuance of home loans, as well as student loans.
While credit quality remains good, the bank has added cautious model-based
impairments. LHV Pank's expenses were in line with the financial plan.

The results of Varahaldus were affected by the downturn in markets in October,
but larger pension funds maintained value. LHV's larger actively-managed funds,
such as L and XL, were modestly in positive territory, while the high equity
risk funds Indeks and Roheline fell. Pillar III funds also attracted attention,
with changes at the end of the month to the terms and fund names to make them
more understandable to clients. In the profitable month, both the operating
income and operating expenses of LHV Varahaldus were in line with the financial
plan.

It was also a positive month for LHV Kindlustus, although, as is typical of the
season, it was necessary to engage in storm damage compensation. A total of
6,300 claims were registered during the month. In October, clients entered into
15,900 new insurance contracts with a volume of EUR 3.2 million and the number
of the valid insurance contracts increased to 227 thousand. Net earned premiums
grew by 5% in the month.

LHV Bank continued its development activities to launch a deposit product for
regular clients and to create a mobile channel. A total of EUR 30 million was
raised through the deposit platform in October, with plans to join two more
deposit platforms in the near future. LHV Bank's loan portfolio increased by EUR
6 million, to EUR 66 million.

The Group's financial plan is on track, and both revenues and expenses were in
line with the financial plan in October. At the level of the parent company, the
results for the month were affected by the pre-financing of subordinated loans,
as the company informed bond investors about the early redemption of
subordinated bonds maturing in 2028 at the end of November.

To access the reports of AS LHV Group, please visit the website 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, LHV
Kindlustus, and LHV Bank Limited. The Group employs over 1,050 people. As at the
end of October, LHV's banking services are used by 411,000 clients, the pension
funds managed by LHV have 124,000 active clients, and LHV Kindlustus protects a
total of 161,000 clients. LHV Bank, a subsidiary of the Group, holds a banking
licence in the UK and provides banking services to international financial
technology companies, as well as loans to small and medium-sized enterprises.




Priit Rum
Communication Manager
Phone: +372 502 0786
Email: priit.rum@lhv.ee (mailto:priit.rum@lhv.ee)