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LHV Group reports Q2 net profit of EUR 30.8 million

Published 22/07/2025, 07:06
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LHV1T
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Investing.com -- LHV Group AS (TLN:LHV1T) on Tuesday reported a second-quarter net profit of EUR 30.8 million, down from EUR 38.6 million in the same period last year.

The financial services company posted net interest income of EUR 57.6 million for the quarter, compared to EUR 70.4 million in the second quarter of 2024.

Total (EPA:TTEF) income for the period reached EUR 73.9 million, a decrease from EUR 85.8 million in the prior-year quarter.

Despite the year-over-year decline in quarterly figures, LHV Group’s consolidated assets grew to EUR 9.38 billion at the end of June, representing a 28% increase compared to the same period last year.

The company noted that it surpassed its financial forecast in the first half of 2025, with net income exceeding expectations by EUR 2.0 million and net profit coming in EUR 2.3 million above projections.

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