Search results for ROA
Finance
Hana Financial posts 2.4029 trillion won first-half net profit, fee income up 37.7 percent
Hana Financial Group posted a first-half net profit of 2.4029 trillion won, up 4.4 percent from a year earlier, helped by higher fee income and a more diversified earnings mix. It absorbed one-off costs including provisions tied to corporate rehabilitation and foreign-exchange translation losses. Core profit rose 13 percent to 6.2956 trillion won, with fee income up 37.7 percent. Hana Bank net profit rose 1.7 percent.
Crypto
State Street launches money market fund for stablecoin issuers\' reserves
State Street has launched a money market fund for stablecoin issuers to manage reserve assets. The product is designed to align with the U.S. GENIUS Act and uses a government money market fund structure under Rule 2a-7, investing in assets such as U.S. Treasuries and repurchase agreements. State Street Bank and federally chartered crypto bank Anchorage Digital joined as initial investors. Financial firms are speeding product development as the stablecoin market expands.
Finance
South Korean banks\' Q1 net profit falls 3.9 percent on securities losses
South Korean banks\' net profit in the first quarter slipped 3.9 percent from a year earlier to 6.7 trillion won, hit by a fall in non-interest income as valuation losses on securities widened amid rising market rates. Interest income rose 6.4 percent to 15.8 trillion won on loan growth and a higher net interest margin. Return on assets and return on equity both declined from a year earlier.
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Finance
Regional financial holdings post mixed Q1 net profit results despite asset growth
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Finance
NH NongHyup Financial Q1 net profit up 21.7 percent to 868.8 billion won
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Finance
JB Financial 2025 net profit rises 4.9 percent to 710.4 billion won
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Finance
KB Financial posts 5.84 trillion won net profit for 2025, up 15.1 percent