Report
Shana Gavron

LHV Institutional Weekly Review

* Coop Pank (CPA1T ET) Q3 2022 Review: Operating profits are in line, loan quality steady so far
* VIRSI (VIRSI LR) 9M Turnover Update: Results indicate growth in core segments
* Key metrics for stocks covered.
Underlyings
Coop Pank

VIRSI-A AS

Provider
LHV PANK
LHV PANK

LHV Bank is an independent pan-Baltic bank, based on Estonian capital. The company was founded in 1999 by two founders of Hansapank (today’s Swedbank in the Baltics) and has been offering a full range of investment services for 15 years. In May 2009, LHV received a credit institution licence allowing it to provide all banking services.

The head office is situated in Tallinn, Estonia. Cross-border services are offered in Vilnius, Lithuania and in Riga, Latvia. LHV provides brokerage (institutional and retail), asset management, banking and capital markets services. Compared to other banks, we are more innovative and have more solid experience in investment and entrepreneurship.

The Bank, together with the Group asset management company employs over 320 people. LHV Group shares are listed on Nasdaq Tallinn.

Analysts
Shana Gavron

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