Search results for Net interest margin
Finance
Woori Bank shakes off first-half slump, posts record third-quarter net profit
Woori Bank rebounded from weak first-half results, posting a record quarterly net profit of 1.03 trillion won in the third quarter, up 22 percent from the previous quarter. Nine-month net profit rose 4.7 percent from a year earlier to 2.40 trillion won. Higher interest income from expanded corporate lending, stronger non-interest income and lower loan-loss provisions supported results. Its net interest margin fell and delinquency indicators worsened.
Finance
Hana Financial\'s 9-month net profit 3.62 trillion won, up 5.6 percent
Hana Financial Group posted a consolidated net profit of 3.62 trillion won for the first nine months, up 5.6 percent from a year earlier, helped by rising fee income in wealth management and investment banking. Third-quarter net profit was 1.22 trillion won. The board approved an additional 250 billion won in share buybacks and cancellation and a third-quarter cash dividend of 1,165 won per share.
Finance
Big four financial holdings\' Q3 earnings in focus amid securities slowdown
South Korea\'s major financial holding companies are expected to extend profit growth in the third quarter, despite a slowdown in earnings momentum at their securities units that helped lift results in the second quarter. Expanded corporate lending by banks and foreign-exchange related profit and loss improvements could partly offset weaker non-interest income, the article said. The market is watching whether the big four can post record annual net profit.
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Finance
U.S. banks near third-quarter earnings as higher rates raise warning sign on deposit costs
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Games & Commerce
Toss Bank posts record first-half net profit of 58.9 billion won
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Finance
SC First Bank H1 net profit doubles to 424.4 billion won
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AI & Enterprise
KT posts Q2 consolidated revenue of 6.68 trillion won, operating profit of 648.3 billion won; AX business up 22.3 percent
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Finance
Kakao finance posts record results as Bank and Pay expand into corporate, securities and insurance
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Finance
KakaoBank first-half net profit rises 24.4 percent to 328.0 billion won
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Finance
Kbank first-half net profit falls; SOHO loans double in a year
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Finance
K Bank first-half net profit 60.1 billion won, down 28.7 percent
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Finance
Four major financial groups\' net profit tops 11 trillion won, competition shifts from banks to capital markets
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Finance
Woori Financial first-half net profit 1.61 trillion won, non-bank contribution rises to 22.3%
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Finance
KB Financial keeps top spot in first half on non-bank gains despite bank lag
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Finance
KB Financial first-half net profit 3.88 trillion won, non-bank contribution 44 percent
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Finance
Shinhan Financial first-half net profit rises 13.3 percent on strong brokerage
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Finance
Top four financial holding groups set for record first-half profit above 11 trillion won
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Finance
South Korean banks\' Q1 net profit falls 3.9 percent on securities losses