BNK Financial Group's net profit in the first half of this year fell 13.5 percent due to base effects from gains on the sale of a real estate fund last year and one-off losses that occurred this year. Operating profit rose by a double-digit rate as net interest income and fee income increased and the burden of provisions eased. Net profit at non-bank affiliates also rose 58.6 percent, supporting the group's results.

BNK Financial Group said on July 28 that net profit attributable to controlling shareholders for the first half of 2026 came to 411.8 billion won, down 13.5 percent from a year earlier. Second-quarter net profit was 200.4 billion won, down 5.2 percent from the previous quarter.

One-off factors related to real estate funds in both last year and this year weighed on the net profit decline. In the first half of last year, a gain of 100.9 billion won from the sale of the BNK Gangnam Core Office Fund was reflected. In the second quarter of this year, a temporary accounting loss of 44.0 billion won occurred during the purchase of external stakes in the BNK Yeouido Core Office Fund.

Net profit in the banking segment for the first half was 356.2 billion won, down 13.2 percent from a year earlier. Busan Bank net profit fell 20.1 percent to 201.2 billion won. Kyongnam Bank posted 155.0 billion won, down 2.2 percent.

Net profit in the non-bank segment rose 58.6 percent to 172.6 billion won. BNK Capital posted 78.7 billion won, up 13.1 percent, while BNK Investment & Securities rose 102.7 percent to 45.6 billion won. BNK Asset Management net profit also rose 224.1 percent to 37.6 billion won.

Asset quality indicators improved. At the end of the second quarter, the group's ratio of substandard or below loans stood at 1.46 percent, down 11 basis points from the previous quarter, and the delinquency ratio improved by 8 basis points to 1.34 percent. The credit cost ratio in the first half was 0.61 percent, 13 basis points lower than a year earlier.

Outstanding real estate project financing loans stood at 6.589 trillion won, down 3.7 percent from the end of last year. Of that, bridge loans totalled 3.040 trillion won, down 32.4 percent.

BNK Financial's common equity tier 1 ratio at the end of the second quarter was 12.14 percent, down 16 basis points from the previous quarter, but it stayed within the group's management target range of 12.0 to 12.5 percent.

BNK Financial decided on a second-quarter cash dividend of 150 won per share, up 30 won from a year earlier. It completed the purchase of 60.0 billion won worth of treasury shares in the first half, and plans to cancel all of those shares during the third quarter.