Hana Financial Group achieves best quarterly performance in 14 years with KRW 1.21 trillion Q1 net income, driven by 28% surge in fee income amid bull market, while announcing KRW 200 billion share buyback and 11.6% dividend increase as diversification strategy pays off despite FX translation losses.
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Hana Financial Posts Record KRW 1.2 Trillion Q1 Profit - Best Quarterly Performance in 14 Years
Hana Financial Group achieves best quarterly performance in 14 years with KRW 1.21 trillion Q1 net income, driven by 28% surge in fee income amid bull market, while announcing KRW 200 billion share buyback and 11.6% dividend increase as diversification strategy pays off despite FX translation losses.
Yonhap Infomax
Shinhan Investment Corp. First-Half Net Profit Rises 25% to KRW 258.9 Billion on Strong IB Performance
Shinhan Investment Corp. posted a 25% year-on-year jump in first-half net profit to KRW 258.9 billion, fueled by strong investment banking fee growth and higher proprietary trading revenue.
Yonhap Infomax
Six Out of Ten Private Asset Managers Post Losses—Net Profit Surges 53.3% Quarter-on-Quarter
South Korea’s private asset management sector saw 60% of firms post losses in Q1, yet overall industry net profit surged 53% quarter-on-quarter, highlighting deepening polarization.
Yonhap Infomax
Mirae Asset Securities Achieves Record Overseas Stock Brokerage Revenue, Surpassing Domestic Fees for Second Consecutive Quarter
Mirae Asset Securities posted record overseas stock brokerage fee income in Q1, surpassing domestic fees for a second straight quarter, driven by differentiated global services and strong client gains.
Yonhap Infomax
State Street profit misses on lower fee income; shares fall
State Street Corp <a href="https://www.reuters.com/companies/STT.N" target="_blank">(STT.N)</a> reported a first-quarter profit on Monday that missed analysts' estimates, hurt by a fall in fee income due to the recent U.S. banking crisis, sending the company's shares down 10% in premarket trading.
Reuters