LHV Group reports EUR 10.70 million profit: what it means for LHV Group stock
Published on 10/05/2026 at 03:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
LHV Group reported EUR 10.70 million in consolidated net profit for August 2026, EUR 2.10 million more than in July, in a result that gives LHV Group stock a fresh earnings reference. Yahoo Finance reported the figures on September 15, 2026, including a return on equity of 16.20 percent for the month.
August profit strengthens the trend
The August result was supported by higher net interest income, controlled costs and loan quality, according to Yahoo Finance. The consolidated loan portfolio reached EUR 5.91 billion at the end of August 2026, up 14.00 percent year on year, while the net interest margin improved to 2.80 percent from 2.40 percent in the first months of the year.
The comparison with the plan is less favorable. Cumulative net profit reached EUR 63.80 million in the first eight months of 2026, EUR 4.60 million below the financial plan, and cumulative net profit was 19.00 percent lower year on year.
Loan growth contrasts with deposits
The August figures show a split operating picture for investors. Loan growth exceeded the financial plan by EUR 57.00 million, but deposits fell short of plan by EUR 426.00 million as LHV reduced platform deposits and emphasized demand deposits.
Assets under management reached EUR 1.85 billion at the end of August 2026, up 14.00 percent from a year earlier and EUR 31.00 million above plan. Operating expenses for the first eight months reached EUR 117.20 million, 13.00 percent above the year-earlier level, with higher personnel expenses and technology investment cited in the company release carried by Yahoo Finance.
October report sets the next test
The next scheduled reporting event is LHV Group's nine-month interim report on October 20, 2026, according to the LHV Group investor calendar. That release will show whether loan growth and net interest income can offset the plan gap in deposits, fee income and operating costs.
LHV Group stock facts
- Company: AS LHV Group
- Ticker: LHV1T
- Primary exchange: Nasdaq Tallinn
- Sector: Financial services
- Next earnings date: October 20, 2026
