Financial holding firms post record net profit of 26.7 tln won in 2025

financial holding firms-2025 earnings

Financial holding firms post record net profit of 26.7 tln won in 2025

SEOUL, April 9 (Yonhap) -- Financial holding companies in South Korea saw record net profits last year thanks to the robust performances of banking and insurance operations, data showed Thursday.

The combined net profit of 10 financial holding firms reached a record 26.7 trillion won (US$18 billion) in 2025, up 3 trillion won, or 12.4 percent, from a year earlier, according to the preliminary data from the Financial Supervisory Service.

Net income from their banks accounted for 57.4 percent of the total, while earnings from their insurance firms accounted for 14.3 percent and returns on their financial investments accounting for 11.7 percent of the total.

As of end-December, their combined total assets stood at 4,067.4 trillion won, up 312.7 trillion won, or 8.3 percent, from a year earlier.

Their nonperforming loan (NPL) ratio came to 0.95 percent at end-December, up 0.05 percentage point from 0.90 percent a year ago. Their loan loss reserve ratio dropped to 106.8 percent from 122.4 percent over the cited period.

The 10 financial holding firms include KB Financial Group, Shinhan Financial Group, Nonghyup Financial Group, Hana Financial Group and Woori Financial Group.

The companies had a combined 343 financial affiliates as of end-December, up from 335 tallied a year earlier.

(END)

(C) Yonhap News Agency. All Rights Reserved