LHV had a very weak monthly result, risk management caused a large loss in a month
LHV's latest financial results reveal a mixed performance, highlighting significant discrepancies between the group's overall results and those of its subsidiaries due to risk management issues.
LHV plans to pay a dividend of 17 cents per share, Erki Kilu to become the new head of the bank
LHV Group is set to distribute a dividend of 17 euros cents per share following its upcoming shareholders' meeting where significant changes to the board will also be decided, including the appointment of Erki Kilu as the new CEO.
Estonian banks published future plans
LHV Group and Coop Bank have released forecasts for the next five years, highlighting expected strong growth in the banking sector.
Insurance and the United Kingdom dragged LHV's profit down
LHV Group's net profit for January dropped by one-fifth compared to the previous year, amounting to 7.2 million euros due to significant losses in its insurance sector and a halved profit in the UK.
Apollo Group Takes First Step Toward the Stock Market
Apollo Group plans to issue bonds to bolster its financial independence and capital structure as it prepares for a public listing on the Nasdaq Tallinn stock exchange.
LHV's annual results fell short of expectations
LHV Group's net profits for 2025 totaled 304.8 million euros, reflecting a 10% decrease from the previous year, despite a 9% increase in consolidated net revenues in Q4.