Financial forecasts
LHV Group Financial Plan for 2023
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 2023 | 2022 | Change YoY |
|---|---|---|---|
| Financial results, EURt | |||
| Total revenue | 299 714 | 173 543 | 126 171 |
| Total expenses | 128 866 | 89 638 | 39 228 |
| Impairment losses on loans | 8 221 | 8 052 | 169 |
| Earnings before taxes | 162 627 | 75 853 | 86 774 |
| Net profit | 140 039 | 61 432 | 78 606 |
| Business volumes, EURm | |||
| Loans | 3 506 | 3 209 | 297 |
| Deposits | 5 608 | 4 901 | 707 |
| Assets under management | 1 544 | 1 332 | 212 |
| Key ratios | |||
| Cost / Income ratio | 43,0% | 51,7% | -8,7% |
| ROE (pre tax) | 33,8% | 20,4% | 13,4% |
| Capital adequacy | 21,2% | 21,7% | -0,5% |
Long-term financial forecast 2023-2027
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 | FP2023 | FP2024 | FP2025 | FP2026 | FP2027 |
|---|---|---|---|---|---|
| Profit before taxes | 162,627 | 92,759 | 114,109 | 147,866 | 178,361 |
| Net profit | 140,039 | 79,040 | 98,172 | 128,467 | 155,786 |
| Business volumes, EURm | |||||
| Loans | 3,506 | 3,674 | 4,296 | 4,905 | 5,520 |
| Deposits | 5,608 | 6,841 | 7,504 | 8,301 | 8,912 |
| Funds volume | 1,544 | 1,522 | 1,675 | 1,793 | 1,935 |
| Key ratios, percent | |||||
| Cost/income ratio | 43,0% | 47,2% | 44,3% | 39,5% | 36,9% |
| Return on Equity (pre-tax ROE) | 33,8% | 20,2% | 20,8% | 22,3% | 22,3% |
| Return on Equity (ROE) | 29,1% | 17,8% | 18,5% | 20,1% | 20,2% |
| Capital adequacy | 21,2% | 19,7% | 19,4% | 19,0% | 19,8% |
