Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q1 2017 Earnings Presentation
17 slides from Lhv Group As's earnings presentation, Apr 18, 2017
Slide 1: LHV Group Q1 2017 results
LHV Group Q1 2017 results 18 April 2017
Slide 2: Active first quarter
Active first quarter * Investor relations « New and additional products/business fields * Disclosure of financial plan * Servicing payment service providers * Publication of monthly reports * Car loan and home repair loan * Private banking offer * Recognitions * International loan agreement with EIF
Slide 3: Good quarter, affected by the income tax on dividends
LHV Group Good quarter, affected by the income tax on dividends Financial results, EURt Net interest income Net fee and commission income 9 quarters Other income Total revenue Total operating expenses Earnings before impairment Impairment losses on loans Income tax . Net profit Hooootlle Business vo
Slide 4: LHV Banking: Strong growth of client base and deposits continued
LHV Banking Strong growth of client base and deposits continued Qt-15 Qt-15 215 Q2-15 Corporate loans Deposits Q3-18 4-15 aité (2-16 3-16 Q4-16 arr Demand deposits "Term deposits Loans (net) 3-15 Q4-15 Qt-16 2-16 03-16 Q4-16 ati7 = Retail loans = Loans to related companies Bank client base continued
Slide 5: LHV Banking: Profitable start of the year
LHV Banking Profitable start of the year Financial results, EURt 9 quarters Net interest income Net fee and commission income Other income : - Total revenue Total operating expenses Earnings before impairment Impairment losses on loans Net profit Business volumes, EURm Depostis from customers Loans
Slide 6: LHV Banking: New business line was established
LHV Banking New business line was established + In addition to retail-, private, and corporate banking there was decision made to establish new business line, which concentrates on servicing payment intermediates + The offering contains mostly euro payments, but also currency Exchange, liquidity man
Slide 7: LHV Asset Management: Assets under management exceeded billion EUR
LHV Asset Management Assets under management exceeded 1 billion EUR customers (tt) EURm Assets under management and customers + Actively managed pension funds "100 puma 1020200 focus is on Estonian non-listed 880 180 investments 860 *60 + — Equity market risks are still lower 0 )=|Cn 140 in LHV fund
Slide 8: LHV Asset Management: First dividend caused corporate income tax
LHV Asset Management First dividend caused corporate income tax 9 quarters aueocSle Financial results, EURt Total revenue Selling expenses Other operating expenses Total operating expenses EBIT Pee LL Net financial income Income tax Net profit Pre Le Business volumes, EURm 9 quarters Pillar | pensio
Slide 9: Stock information
LHV Group Stock information 9 LHV stock price and turnover EURt sunt val A LAE “anscile hkl Jun Jul Aug Sep Oct Nov Dee Jan Fee Mar Dynamics of LHV stock price and comparison indexes HV stock (LHVIT) == OMX Tallinn index (OMXTGI) OMX Baltic index (OMXBGI) Jun Jul ‘Aug Sep Oct Nov Dec Jan Feb Mar In
Slide 10: Comparison with financial plan
Comparison with financial plan
Slide 11: March affected by the income tax on dividends
LHV Group March affected by the income tax on dividends Financial results, EURt 13 months Total revenue, incl. a~—~ Net interest income na Y Net fee and commission income ~*~ Total operating expenses vey’ Earni before impairment aN Impairment losses on loans Ww Income tax ——/ Net profit ~—s, attr. t
Slide 12: LHV Banking: Results as expected
LHV Banking Results as expected Financial results, EURt 13months Mar-17—- YTD17 FP YTD AYTD + Deposit growth in line with plan, Total revenue, incl. ATV 8,292 9,248 9,137 +111 loans growth slower than planned Net interest income a 2,508 7,169 7,518 -349 but does not require adjustments Net fee and c
Slide 13: LHV Asset Management: Income tax expense lower than planned
LHV Asset Management Income tax expense lower than planned Financial results, EURt Total revenue Total expenses Earnings before taxes Income tax Net profit Business volumes Assets under management, EURm ./ Active customers of Pll funds, thous. Key figures Cost / income ratio (C/I) Funds average retu
Slide 14: Annexes
Annexes
Slide 15: Loan to deposit ratio 68%, capital adequacy strong
LHV Group Loan to deposit ratio 68%, capital adequacy strong % LR EURm Loan-deposit ratio % + LCR remains strong and exceeds 0 toc significantly regulatory 100% “ o40 80 requirement 215 480 60 200 820 40 + Loans/deposits ratio remains 100 “60 20 stable i) ie) oO Qi G2 Q@3 04 21 @2 0 @ a a1 a2 03 @ a
Slide 16: Asset quality remains at a good level
LHV Group Asset quality remains at a good level % Corporate loans by ratings 80 25 20 15 10 | il ° _ 13046 7 8 9 1012 18 ai-16 = 04-16 arty EURm Mokilizingas loans overdue porfolio | 4 Eu @ 2 36 °o at Q2 a3 04 at a2 a3 a4 Qt 2015 2016 2017 loan impairments = over 90 days or contract cancelled = up t
Slide 17: AS LHV Group contact details
AS LHV GROUP TARTU MNT 2, TALLINN 6 802 670 INFO@LHV.EE LHV.EE