Lhv Group As · OMXTSE:LHV1T
Lhv Group As — Q1 2024 Earnings Presentation
22 slides from Lhv Group As's earnings presentation, Apr 23, 2024
Slide 1: LHV Group Q1 results
LHV Group Q1 results 23 April 2024
Slide 2: Strong growth in business volumes
Strong growth in business volumes +83 EURm +159 EURm +1.9 mln DEPOSITS NO. OF UK LOANS excl. banking services PAYMENTS +21 EURm +10,500 FUNDS BANK CUSTOMERS 2
Slide 3: A quarter with strong result
A quarter with strong result • • • • • 3
Slide 4: Both profitability and business volumes better than planned
Both profitability and business volumes better than planned • • • • • 4
Slide 5: Loan volumes ahead of the plan
Loan volumes ahead of the plan Deposits • • Loans (net) • 5
Slide 6: The quality of the loan portfolio remains good
The quality of the loan portfolio remains good • • • 6
Slide 7: All main indicators surpassed the financial plan
All main indicators surpassed the financial plan • • • • 7
Slide 8: Strong deposit-raising capability
Strong deposit-raising capability Deposits • • Loans (net) • 8
Slide 9: Productive and active quarter
Productive and active quarter • • 9
Slide 10: First quarter slightly more modest than the ambitious financial plan
First quarter slightly more modest than the ambitious financial plan • • • • 10
Slide 11: Very strong start to the year in stock markets
Very strong start to the year in stock markets 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 pre-tax profit 0.6 EURm
Quarterly pre-tax profit 0.6 EURm • • • • 12
Slide 13: Net profit and fund volumes slightly ahead of the financial plan
Net profit and fund volumes slightly ahead of the financial plan • uuendada • • • 13
Slide 14: Optimal growth continues
Optimal growth continues Gross written premiums • • • • Number of insurance cases • 14
Slide 15: A quarter with strong results
A quarter with strong results • • • • 15
Slide 16: A month with a low loss frequency
A month with a low loss frequency • • • • • 16
Slide 17: 3 months summary: +83 EURm loans, +1.9 mln UK payments
3 months ↑2% ↑12% +83 EURm +1.9 mln ↑3% LOANS ↑3% NO. OF UK ↑1% PAYMENTS +10,500 +159 EURm +21 EURm BANK CUSTOMERS DEPOSITS excl. banking services +63 200 FUNDS 40.7 EURm 32.9% 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 March 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: Contact: Madis Toomsalu, 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