NH NongHyup Financial Group said on Tuesday it achieved net profit of 2.51 trillion won in 2025. It was a record high, up 2.34 percent from a year earlier.

By affiliate, NongHyup Bank posted 1.81 trillion won, NH Investment & Securities posted 1.03 trillion won and NongHyup Life posted 215.5 billion won, among others, delivering broad-based results.

Operating profit grew 8.6 percent, rising even as volatility increased at home and abroad.

Net interest margin (NIM) slipped slightly as market interest rates fell and the group reshuffled its portfolio toward high-quality assets. Non-interest income, including gains and losses from securities operations and fees such as underwriting advisory and brokerage commissions, rose sharply.

Net interest income fell 86.0 billion won, or 1.0 percent, from the same period a year earlier to 8.41 trillion won, due to a decline in NIM. Bank and card NIM fell to 1.67 percent in December 2025 from 1.70 percent in June 2025.

Non-interest income rose 474.9 billion won, or 26.4 percent, from the same period a year earlier to 2.27 trillion won, driven by growth in fees and gains and losses on securities and foreign exchange derivatives.

Fees rose 15.2 percent from a year earlier to 2.07 trillion won, and gains and losses on securities and foreign exchange derivatives increased 25.7 percent to 1.56 trillion won.

NH Investment & Securities, in particular, topped 1.0 trillion won in net profit on balanced growth across all business divisions, including retail and investment banking, leading the group’s non-interest income growth.

Through delinquency management focused on recovery and normalization, the ratio of substandard or below loans improved to 0.63 percent, down 0.05 percentage points from the end of the previous year.

The loan loss reserve coverage ratio was 165.98 percent, the highest level among major financial holding companies.

Return on assets and return on equity, profitability indicators, held at end-previous-year levels at 0.60 percent and 9.26 percent, respectively. The figures are before deduction of spending for agricultural support projects.

Spending for agricultural support projects totaled 650.3 billion won, and the amount of social contribution spending for vulnerable groups and those marginalized in local communities was 276.2 billion won.

A NongHyup Financial official said, "We plan to secure future growth engines through a qualitative reshaping of the group portfolio and proactively drive growth of South Korea's financial market and the real economy."