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Finance

iM Financial posts Q1 net profit of 154.5 billion won, up slightly on year

iM Financial Group said on April 28 its first-quarter 2026 net profit attributable to controlling shareholders came to 154.5 billion won, up 0.1 percent from a year earlier. Interest income rose 4.6 percent, and non-interest income gained 8.3 percent on higher fee revenue. Its main unit iM Bank posted net profit of 120.6 billion won. iM Financial also announced a 40.0 billion won share buyback and cancellation plan.

Finance

iM Bank signs MoU with Daegu and KODIT, pledges 1.5 billion won

iM Bank said on Feb. 26 it signed a financial support agreement with Daegu and the Korea Credit Guarantee Fund to foster small and midsized companies engaged in local strategic industries. The deal is part of iM Financial Group’s plan to supply 45 trillion won in productive finance over five years. iM Bank will contribute a total of 1.5 billion won, funding 40.2 billion won in guaranteed loans. Daegu will provide interest support of 1.7 percentage points for two years.

Finance

iM Financial hits record high share price, market cap nears 3 trillion won

iM Financial Group said on Monday its shares closed at a record 18,510 won, the highest since the holding company was established in May 2011. The close surpassed the previous record of 18,100 won set on Sept. 12, 2014, and its market capitalisation climbed to 2.97 trillion won, nearing 3 trillion won. The group said it will buy back 40 billion won of its own shares by June for additional cancellation and outlined progress on a longer-term buyback plan through 2027.