KakaoBank said on Tuesday its first-quarter net profit rose 36.3 percent from a year earlier to 187.3 billion won, the largest on record.
Operating revenue in the first quarter increased 4.4 percent from the same period a year earlier to 819.3 billion won.
Non-interest income excluding loan interest income was tallied at 302.9 billion won. It rose 7.5 percent from last year and topped 300.0 billion won for the first time on a quarterly basis.
The share of non-interest income in total operating revenue also expanded to 37 percent.
Fee and platform revenue rose 4.1 percent from a year earlier to 80.8 billion won.
KakaoBank plans to raise its shareholder return ratio to as high as 50 percent for profit for fiscal 2026 after expanding it to around 45 percent last year.
Ji-young Lee
ljy@d-today.co.kr