Financial forecasts
LHV Group Financial Plan for 2024
AS LHV Group publishes the financial plan for the current year once a year at the beginning of the year. Stock exchange announcement
Key indicators | FP 2024 | 2023 | Change YoY |
---|---|---|---|
Financial results, EURt | |||
Total revenue | 309 089 | 310 458 | -1 369 |
Total expenses | 143 568 | 134 321 | 9 247 |
Impairment losses | 23 390 | 11 539 | 11 851 |
Earnings before taxes | 142 131 | 164 598 | -22 467 |
Net profit | 120 081 | 140 938 | -20 857 |
Business volumes, EURm | |||
Loans | 4 037 | 3 562 | 476 |
Deposits | 6 674 | 5 731 | 943 |
Assets under management | 1 668 | 1 519 | 149 |
Key ratios | |||
Cost / Income ratio | 46,4% | 43,3% | 3,2% |
ROE (pre tax) | 24,0% | 34,1% | -10,1% |
Capital adequacy | 22,5% | 21,9% | 0,6% |
Long-term financial forecast 2024-2028
AS LHV Group updates and publishes the five-year financial forecast once a year at the beginning of the year. Stock exchange announcement
Key indicators, EURt | FP2024 | FP2025 | FP2026 | FP2027 | FP2028 |
---|---|---|---|---|---|
Profit before taxes | 142 131 | 163 597 | 183 043 | 227 994 | 293 857 |
Net profit | 120 081 | 132 251 | 147 475 | 183 044 | 233 809 |
Business volumes, EURm | |||||
Loans | 4 037 | 4 755 | 5 610 | 6 510 | 7 375 |
Deposits | 6 674 | 7 681 | 8 723 | 9 747 | 10 902 |
Funds volume | 1 668 | 1 900 | 2 160 | 2 432 | 2 716 |
Key ratios, percent | |||||
Cost/income ratio | 46,4% | 45,4% | 44,7% | 41,1% | 36,8% |
Return on Equity (pre-tax ROE) | 24,0% | 24,8% | 24,9% | 27,2% | 30,6% |
Return on Equity (ROE) | 20,3% | 20,0% | 20,0% | 21,8% | 24,2% |
Capital adequacy | 22,5% | 22,0% | 21,5% | 21,7% | 22,6% |