South Korea’s five largest financial groups posted a combined net profit of KRW 13.12 trillion in the first half of 2026, up about 10% from a year earlier, as active trading in the country’s stock market lifted results. The groups named in the report were KB Financial, Shinhan Financial, Hana Financial, Woori Financial and NH Nonghyup Financial.
KB Financial remained the top earner with KRW 3.88 trillion in net profit, followed by Shinhan Financial at KRW 3.44 trillion. According to the report, brokerage units were the biggest growth driver across the sector. NH Investment & Securities, KB Securities and Shinhan Investment posted first-half net profit growth of 107.5%, 135.0% and 123.1%, respectively, helping raise the contribution of non-banking businesses to overall group earnings.
At the same time, several insurance subsidiaries faced pressure as loss ratios rose and insurance actuarial assumptions were adjusted. The major financial groups also said they would continue share buyback and cancellation plans in the second half of the year to improve shareholder returns. The report was cited by Asiae.
South Korea’s five major financial groups posted a combined net profit of KRW 13.12 trillion in the first half of 2026, up about 10% year over year, according to a report cited by Asiae. The gain came as active trading in the South Korean stock market supported earnings.
The five groups named were KB Financial, Shinhan Financial, Hana Financial, Woori Financial and NH Nonghyup Financial.
KB Financial remained the largest by profit, reporting KRW 3.88 trillion in net profit for the first half. Shinhan Financial ranked second with KRW 3.44 trillion.
Brokerage units led earnings growth
Analysis in the report said securities subsidiaries recorded sharp profit growth and became the biggest engine of expansion for the groups. First-half net profit at NH Investment & Securities, KB Securities and Shinhan Investment rose 107.5%, 135.0% and 123.1% year over year, respectively.
That performance increased the contribution from non-banking businesses to overall group profit.
Insurance subsidiaries came under pressure
Several insurance units, by contrast, faced earnings pressure. The report attributed that to higher loss ratios and changes to insurance actuarial assumptions.
Buybacks and share cancellations to continue
The major financial groups also said they would continue pushing ahead with share buyback and cancellation plans in the second half of the year, with the stated aim of improving shareholder returns.
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