Search results for credit loss costs
Finance
Woori Investment Securities Q2 net profit 11 billion won, down 21 percent from Q1
Woori Investment Securities posted a second-quarter net profit of 11 billion won, down 21.4 percent from the previous quarter, as expanded credit loss costs outweighed gains in interest and non-interest income. Net operating revenue rose 8.6 percent to 76 billion won, while credit loss costs jumped 88.9 percent to 17 billion won. First-half net profit climbed 47.1 percent year on year to 25 billion won, and retail customers increased to 781,000.
Finance
BNK Financial Q1 net profit rises 26.9% to 211.4 billion won
BNK Financial Group posted improved first-quarter results, helped by higher net interest income and lower loan loss costs. Consolidated net profit rose 26.9% from a year earlier to 211.4 billion won. Bank earnings increased, led by Busan Bank, while Kyongnam Bank declined. Non-bank profit rose on improved results at units including capital, investment securities and asset management. Asset quality indicators worsened as the delinquency ratio rose. The board approved a quarterly cash dividend and a share buyback and cancellation plan.
Finance
Shinhan Financial Q1 net profit 1.62 trillion won, up 9 percent on year
Shinhan Financial Group said on Wednesday its first-quarter net profit rose 9.0 percent from a year earlier to 1.62 trillion won. Improved non-interest income, led by securities, drove the earnings increase, while interest income held a stable trend. Selling and administrative expenses and credit loss costs were also managed steadily. The group’s CET1 ratio stood at 13.19 percent and its BIS capital ratio at 15.72 percent as of end-March 2026.
