LHV Bank AS
RegisteredKey figures
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Summary: LHV Bank AS
What kind of company is it?
LHV Bank AS (registry code 10539549) is a public limited company (AS). The company was entered in the Commercial Register in 1999 and has been registered for 27 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is credit institutions (EMTAK 64191). The company is registered for VAT (VAT number EE100530247).
How is the company doing financially?
Revenue in financial year 2025 was 413 270 000 €, down 4,9% on the previous year (434 586 000 €). From 2019 to 2025, revenue grew by an average of 32,8% per year. Net profit for financial year 2023 was 140 125 000 € (40,9% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 876 employees (906 a year earlier). Revenue per employee was 471 769 €. At the end of financial year 2023, total assets were 6 735 181 000 € and equity 512 383 000 € (7,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 24 204 420 €, up 10,7% on the same quarter a year earlier. The company had 839 employees in that quarter. Labour taxes paid in the quarter: 7 201 408 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5090 € per month.
Who runs the company and who owns it?
The management board has 5 members. The supervisory board has 7 members. The sole owner of the company is AS LHV Group.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Latest register change: 06.11.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 08.04.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (529900GJOSVHI055QR67) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 24 204 420 € | 839 | 7 201 408 € |
| Q2 2026 | 42 975 572 € | 864 | 7 259 313 € |
| Q1 2026 | 16 256 499 € | 845 | 6 806 483 € |
| Q4 2025 | 20 394 336 € | 832 | 7 127 073 € |
| Q3 2025 | 21 873 325 € | 829 | 6 971 551 € |
| Q2 2025 | 20 431 951 € | 826 | 6 987 275 € |
| Q1 2025 | 26 329 894 € | 803 | 7 148 795 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 † | 2022 † | 2023 † | 2024 † | 2025 † | |
|---|---|---|---|---|---|
| Sales revenue | 162 794 000 | 193 788 000 | 342 598 000 | 434 586 000 | 413 270 000 |
| Net profit | 61 409 000 | 78 440 000 | 140 125 000 | — | — |
| Retained earnings | 84 238 000 | 141 984 000 | 218 089 000 | — | — |
| Total assets | 6 791 620 000 | 6 041 355 000 | 6 735 181 000 | 7 915 423 000 | 8 755 398 000 |
| Total liabilities | — | — | — | — | — |
| Total equity | 262 795 000 | 370 660 000 | 512 383 000 | — | — |
| Employees | 591 | 741 | 805 | 906 | 876 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligationsAll clear2 for information
- Against the consumer · 14.04.2026
- Against the consumer · 30.09.2025
- Against the consumer · 05.05.2025
- Against the consumer · 11.01.2022 · Maksekonto krediteerimine summas 21 136,00 eurot
- + 2 more
Data from public registers, not a credit rating.
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Public procurement
3 contractsPublic contracts won worth 0 € from 1 contracting authorities (02.10.2023–03.10.2023). Plus 1 framework agreements shared with other suppliers (not included in the total).
Show contracts (3)
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Elektrooniliste maksete vastuvõtmise teenus Baltikumis | Aktsiaselts Eesti Post | up to 78 000 € | 03.10.2023 |
| Elektrooniliste maksete vastuvõtmise teenus Baltikumis | Aktsiaselts Eesti Post | up to 123 000 € | 03.10.2023 |
| Elektrooniliste maksete vastuvõtmise teenus Baltikumis | Aktsiaselts Eesti Post | up to 225 000 € | 02.10.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
State aid and grants
1 recordState aid and de minimis aid in total 0 € (2019). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (0 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 0 € | 11.11.2019 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Change history
2 changes- 09.11.2026*Name changed: AS LHV Pank → LHV Bank AS
- 06.11.2026Registry entry changed
Entered in the register on 02.03.1999.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).