Financial forecasts

LHV Group Financial Plan for 2025

AS LHV Group publishes the financial plan for the current year once a year at the beginning of the year.

Key indicatorsFP 20252024Change YoY
Financial results, EURt
Total revenue312 950338 29925 349
Total expenses149 351146 9202 431
Impairment losses10 23416 2566 021
Earnings before taxes153 364175 12421 759
Net profit125 120150 30425 183
Business volumes, EURm
Loans5 3454 552793
Deposits7 5586 910648
Assets under management1 7351 558177
Key ratios
Cost / Income ratio47,7%43,4%4,3%
ROE (pre tax)22,1%28,7%-6,6%
Capital adequacy21,0%20,7%0,3%

Long-term financial forecast 2025-2029

AS LHV Group updates and publishes the five-year financial forecast once a year at the beginning of the year.

Key indicators, EURtFP2025FP2026FP2027FP2028FP2029
Profit before taxes153 364192 522233 097287 635328 527
Net profit125 120153 970184 714229 185268 540
Business volumes, EURm
Loans5 3456 2277 0997 9568 865
Deposits7 5588 4739 48510 33911 375
Funds volume1 7351 9782 2332 4972 774
Key ratios, percent
Cost/income ratio47,7%42,3%38,3%34,8%32,9%
Return on Equity (pre-tax ROE)22,1%25,1%26,8%29,1%29,6%
Return on Equity (ROE)18,1%20,1%21,2%23,2%24,1%
Capital adequacy21,0%20,4%20,8%20,6%20,3%