Financial forecasts
LHV Group Financial Plan for 2026
AS LHV Group publishes the financial plan for the current year once a year at the beginning of the year.
| Key indicators | FP 2026 | 2025 | Change YoY |
|---|---|---|---|
| Financial results, EURt | |||
| Total revenue | 333 581 | 304 838 | 28 743 |
| Total expenses | 171 286 | 159 306 | 11 980 |
| Impairment losses | 15 163 | 1 518 | 13 645 |
| Earnings before taxes | 147 131 | 144 014 | 3 117 |
| Net profit | 117 861 | 117 005 | 856 |
| Business volumes, EURm | |||
| Loans | 6 082 | 5 465 | 616 |
| Deposits | 8 577 | 8 134 | 443 |
| Assets under management | 1 898 | 1 702 | 196 |
| Key ratios | |||
| Cost / Income ratio | 51,3% | 52,3% | -1,0% |
| ROE (pre tax) | 18,7% | 19,7% | -1,0% |
| Capital adequacy | 20,9% | 22,9% | -2,0% |
Long-term financial forecast 2026-2030
AS LHV Group updates and publishes the five-year financial forecast once a year at the beginning of the year.
| Key indicators, EURt | FP2026 | FP2027 | FP2028 | FP2029 | FP2030 |
|---|---|---|---|---|---|
| Profit before taxes | 147 131 | 217 510 | 257 156 | 303 331 | 358 713 |
| Net profit | 117 861 | 176 118 | 207 591 | 245 099 | 290 227 |
| Business volumes, EURm | |||||
| Loans | 6 082 | 7 083 | 8 067 | 9 152 | 10 147 |
| Deposits | 8 577 | 9 562 | 10 512 | 11 607 | 12 814 |
| Funds volume | 1 898 | 2 164 | 2 447 | 2 748 | 3 067 |
| Key ratios, percent | |||||
| Cost/income ratio | 51,3% | 43,1% | 40,9% | 38,2% | 35,8% |
| Return on Equity (pre-tax ROE) | 18,7% | 24,7% | 26,0% | 27,4% | 28,9% |
| Return on Equity (ROE). | 15,0% | 20,0% | 21,0% | 22,1% | 23,4% |
| Capital adequacy | 20,9% | 20,5% | 20,9% | 20,8% | 20,5% |