Published: 2019-05-09 07:00:00 CEST
LHV Group
Company Announcement

LHV Group results for April 2019

In April, AS LHV Group earnt EUR 2.7 million in consolidated net profit: AS LHV Pank earnt EUR 2.1 million in net profit and AS LHV Varahaldus EUR 0.7 million.

"April was another strong month for us. 3,300 new clients opened bank accounts and the activity of existing customers rose to highest level. All over Estonia, we are more visible, and this has resulted in an increasing proportion of new customers choosing LHV to be their main bank. Most important business volumes, like loans, deposits and pension funds, have grown and conjointly are ahead of financial plan. We are also ahead of plans in terms of profit", Madis Toomsalu, CEO of LHV Group commented.

AS LHV Group reports are available at

LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. LHV employs over 400 people, and 174,000 customers use LHV’s banking services. Pension funds managed by LHV have more than 177,000 active clients.

Priit Rum 
Communication Manager
Phone: +372 502 0786


LHV Group 2019-04 Investor Presentation EN.pdf