AS LHV Group Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	408.01	426.98	336.62	152.41	124.64
Interest Income on Investments	10.97	16.55	-	-	-
Total Interest Income	418.98	443.53	336.62	152.41	124.64
Interest Paid on Deposits	183.88	170.21	82.8	23.3	27.32
Net Interest Income	235.1	273.33	253.82	129.11	97.32
Net Interest Income Growth (YoY)	-13.99%	7.69%	96.59%	32.67%	42.09%
Gain (Loss) on Sale of Investments	4.2	0.8	-0.73	-2.01	-0.92
Other Non-Interest Income	65.54	64.17	52.41	46.44	43.99
Total Non-Interest Income	69.74	64.97	51.68	44.43	43.06
Non-Interest Income Growth (YoY)	7.33%	25.73%	16.31%	3.18%	22.86%
Revenues Before Loan Losses	304.84	338.3	305.5	173.54	140.38
Provision for Loan Losses	1.52	16.26	11.55	3	3.95
Revenue	303.32	322.04	293.95	170.55	136.43
Revenue Growth (YoY)	-5.81%	9.56%	72.36%	25.00%	47.26%
Salaries and Employee Benefits	84.01	75.51	58.34	42.13	28.59
Selling, General & Administrative	75.3	71.41	71.02	47.5	36.6
Other Non-Interest Expense	-	-	-0.01	5.06	-
Total Non-Interest Expense	159.31	146.92	129.35	94.69	65.19
EBT Excluding Unusual Items	144.01	175.12	164.6	75.85	71.25
Pretax Income	144.01	175.12	164.6	75.85	71.25
Income Tax Expense	27.01	24.82	23.66	14.42	10.99
Earnings From Continuing Operations	117.01	150.3	140.94	61.43	60.26
Minority Interest in Earnings	-2.74	-1.34	-1.34	-1.62	-2
Net Income	114.27	148.97	139.6	59.81	58.26
Net Income to Common	114.27	148.97	139.6	59.81	58.26
Net Income Growth	-23.30%	6.71%	133.42%	2.66%	53.52%
Basic Shares Outstanding	327	323	319	311	292
Diluted Shares Outstanding	333	329	324	318	300
Shares Change (YoY)	1.40%	1.29%	2.17%	5.96%	1.92%
EPS (Basic)	0.35	0.46	0.44	0.19	0.20
EPS (Diluted)	0.34	0.45	0.43	0.19	0.19
EPS Growth	-24.44%	4.65%	126.32%	-	47.29%
Dividend Per Share	0.170	0.090	0.130	0.040	0.040
Dividend Growth	88.89%	-30.77%	225.00%	-	37.93%
Effective Tax Rate	18.75%	14.17%	14.37%	19.01%	15.42%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.