Search results for fee income
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
Korean brokers face cloudy third-quarter results as trading turnover falls and rates rise
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Telecommunications & Media
UK weighs extending BBC licence fee to streaming services including Netflix
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Finance
Brokerage stocks extend slide as market stalls; what could drive a rebound
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Games & Commerce
PS5 prices rise, digital edition up $200 in six years amid memory shortages
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Crypto
Robinhood Chain transactions fall 42 percent in a month
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Crypto
U.S. Senate introduces crypto tax bill, proposes tax exemption for stablecoin payments
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Crypto
Bitcoin rebound fails to lift mining profits, gains limited
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Crypto
HYPE buybacks lift Hyperliquid token to record high; risk seen from Binance revenue erosion
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Finance
Asset managers\' Q2 net profit jumps to 2.7 trillion won on stock rally, ETF growth
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Crypto
Dogecoin spot ETF BWOW to liquidate, exits after 11 months
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Finance
Brokerages\' Q2 net profit tops 5.2 trillion won, up 82 percent on stock market boom
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Fintech
Mirae Asset Securities Q2 operating profit nearly 2.49 trillion won, up 397.5 percent year on year
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Crypto
Bitcoin holds near $64,000 as Bitwise, Coinbase chiefs say fundamentals, not price, driving crypto
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Finance
Regional financial groups slip in H1 results as BNK-JB merger talks collapse
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Finance
BNK Financial first-half net profit down 13.5 percent to 411.8 billion won