Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q4 2024 Earnings Presentation
22 slides from Lhv Group As's earnings presentation, Feb 11, 2025
Slide 1: LHV Group Q4 results
LHV Group Q4 results 11 February 2025
Slide 2: Strong business volume growth combined with improving efficiency
Strong business volume growth combined with improving efficiency +426 EURm +134 EURm +1 mln LOANS DEPOSITS banking services’ excl. banking services PAYMENTS +37 EURm +10,900 FUNDS BANK CUSTOMERS 2
Slide 3: Business volumes at a historically highest level
Business volumes at a historically highest level • • • • 3
Slide 4: Financial plan met
LHV Group — comparison with financial plan Financial plan met Financial results, EURt 13 months Total net income, incl. ~~ Net interest income ad Net fee and commission income ——— a Total operating expenses SReESSEISEEESS Earnings before impairment YN Impairment losses eeeceretiantace Income tax exp
Slide 5: Strong growth in business volumes continued
Strong growth in business volumes continued 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: Financial plan targets met
Financial plan targets met • • • 7
Slide 8: Loan portfolio grew by over 50% for the second consecutive quarter
Loan portfolio grew by over 50% for the second consecutive quarter Loans (net) • Deposits • • 8
Slide 9: Retail banking mobile app open for first customers
Retail banking mobile app open for first customers • • • • 9
Slide 10: Loan and deposit volumes significantly higher than planned
Loan and deposit volumes significantly higher than planned • • • 10
Slide 11: Stock markets had a strong quarter, led by technology stocks and the U.S. market
Stock markets had a strong quarter, led by technology stocks and the U.S. market Assets under management and number of customers • • Index funds and pension fund • Pillar II comparable pension funds NAV change YTD Roheline NAV change YTD 18% 24% 12% 14% Fail katki 6% 4% 0% -6% • -6% -16% Jan Feb Mar
Slide 12: Quarterly net profit 0.5 EURm
Quarterly net profit 0.5 EURm • • • • 12
Slide 13: Net profit exceeded the financial plan
Net profit exceeded the financial plan • • • 13
Slide 14: A quarter with strong sales results
A quarter with strong sales results Contract premiums written • • • Net incurred losses 14
Slide 15: Negative impact of expenses on profitability
Negative impact of expenses on profitability • • • • 15
Slide 16: The number of newly signed contracts is increasing
The number of newly signed contracts is increasing • • • 16
Slide 17: +990 EURm loans, 150 EURm net profit, +25.3 mln payments
12 months ↑28% ↑51% +990 EURm +25.3 mln ↑9% LOANS ↑17% banking services’ ↑3% PAYMENTS +38,100 +794 EURm +39 EURm BANK CUSTOMERS DEPOSITS FUNDS excl. banking services 150 EURm 28.5% 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 December 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, Meelis Paakspuu contacts
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