K-Bank said on Wednesday its first-quarter net profit rose more than twofold from a year earlier to 33.2 billion won, helped by expanded corporate lending. Interest income rose 15.4 percent to 125.2 billion won and net interest margin increased to 1.57 percent from 1.41 percent. Asset quality indicators improved, while its BIS ratio stood at 21.47 percent at end-March. Customers reached 16.07 million.

Woori Financial Group said on April 24 its first-quarter net profit fell 2.1 percent from a year earlier to 603.8 billion won, citing reduced securities and foreign-exchange related gains amid heightened market volatility linked to Middle East conflict and one-off provisions tied to overseas units. Net operating revenue rose 5.6 percent to 2.76 trillion won, supported by higher interest and non-interest income. Costs increased and asset-quality indicators weakened, while its CET1 ratio improved to a record 13.6 percent.