Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q3 2024 Earnings Presentation
22 slides from Lhv Group As's earnings presentation, Oct 22, 2024
Slide 1: LHV Group Q3 results
LHV Group Q3 results 22 October 2024
Slide 2: Strong growth in business volumes
Strong growth in business volumes +236 EURm +423 EURm +0.5 mln LOANS DEPOSITS banking services’ excl. banking services PAYMENTS -8 EURm +11,200 FUNDS BANK CUSTOMERS 2
Slide 3: A quarter with the historically highest business volumes
A quarter with the historically highest business volumes • • • • • 3
Slide 4: Small differences with the updated financial plan
Small differences with the updated financial plan • • • • 4
Slide 5: Strong growth in business volumes
Strong growth in business volumes Loans (net) • • • Customer deposits • 5
Slide 6: High activity of the customers and historically highest business volumes
High activity of the customers and historically highest business volumes • • • 6
Slide 7: Differences with the updated financial plan minimal
Differences with the updated financial plan minimal • • 7
Slide 8: Loan portfolio grew by over 50% during the quarter, deposits by over 40%
Loan portfolio grew by over 50% during the quarter, deposits by over 40% Loans (net) • Deposits • • 8
Slide 9: Retail banking mobile app open for testing by employees
Retail banking mobile app open for testing by employees • • 9
Slide 10: The result affected by higher expenses in September
The result affected by higher expenses in September • • • • 10
Slide 11: All LHV pension funds with positive returns in the Q3
All LHV pension funds with positive returns in the Q3 Assets under management and number of customers • • • Pillar II comparable pension funds NAV Index funds and pension fund Roheline change YTD NAV change YTD • 11
Slide 12: Quarterly net profit 0.6 EURm
Quarterly net profit 0.6 EURm • • • • 12
Slide 13: Net profit ahead of the updated financial plan
Net profit ahead of the updated financial plan • • • 13
Slide 14: Stable sales results and good profitability
Stable sales results and good profitability Contract premiums written • • • Net incurred losses 14
Slide 15: A quarter with positive results
A quarter with positive results • • • • 15
Slide 16: A month with increased sales activity
A month with increased sales activity • • • • 16
Slide 17: 9 months results summary
9 months ↑16% ↑36% +564 EURm +14.6 mln ↑6% LOANS ↑14% banking services’ ↑0.2% PAYMENTS +27,100 +659 EURm +2 EURm BANK CUSTOMERS DEPOSITS FUNDS excl. banking services 114 EURm 29.6% NET PROFIT PRE-TAX ROE 17
Slide 18: Risks and capitalisation
Risks and capitalisation
Slide 19: Capitalisation
Capitalisation Capital ratios and minimum requirements as of September 2024 • • • • 19
Slide 20: Loan portfolio quality
Loan portfolio quality Loan portfolio by stages (gross) • • • Cost of risk ratio Loan portfolio by sectors 20
Slide 21: Liquidity and funding
Liquidity and funding Structure of liabilities • • • • Loans-to-deposits ratio LCR and NSFR • 21
Slide 22: Madis Toomsalu madis.toomsalu@lhv.ee Meelis Paakspuu
Madis Toomsalu madis.toomsalu@lhv.ee Meelis Paakspuu meelis.paakspuu@lhv.ee AS LHV GROUP TARTU MNT 2, TALLINN 6 800 400 GROUP@LHV.EE LHV.EE