Hana Financial Group Inc. (KRX: 086790)

Hana Financial Group Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	23,032,863	22,424,686	15,417,542	9,478,602	10,705,196	9,320,949
Interest Income on Investments	1,183,692	851,258	567,149	1,750,738	-	1,805,296
Total Interest Income	24,216,555	23,275,944	15,984,691	11,229,340	10,705,196	11,126,245
Interest Paid on Deposits	14,687,623	14,066,014	6,959,006	2,077,615	4,265,318	3,603,366
Interest Paid on Borrowings	834,566	330,481	19,670	1,352,671	-	1,741,083
Total Interest Expense	15,522,189	14,396,495	6,978,676	3,430,286	4,265,318	5,344,449
Net Interest Income	8,694,366	8,879,449	9,006,015	7,799,054	6,439,878	5,781,796
Net Interest Income Growth (YoY)	-4.84%	-1.41%	15.48%	21.11%	11.38%	2.42%
Trust Income	1,324	-	-	2,745	-	2,910
Income From Trading Activities	2,911,846	-	-	-19,016,627	-	-16,783,086
Gain (Loss) on Sale of Assets	44,495	2,374	14,381	196,717	52,788	442,650
Gain (Loss) on Sale of Investments	1,700,424	1,044,188	457,892	20,982	145,403	298,132
Gain (Loss) on Sale of Equity Investments	53,482	-	-	145,150	-	-
Other Non-Interest Income	-1,396,172	2,443,712	2,061,781	28,856,686	3,024,773	25,159,681
Total Non-Interest Income	3,467,916	3,575,360	2,595,120	11,283,339	3,222,964	10,505,726
Non-Interest Income Growth (YoY)	-26.80%	37.77%	-77.00%	250.09%	-69.32%	20.74%
Revenues Before Loan Losses	12,162,282	12,454,809	11,601,135	19,082,393	9,662,842	16,287,522
Provision for Loan Losses	1,102,135	1,550,742	1,187,056	522,996	870,939	538,659
Revenue	11,060,147	10,904,067	10,414,079	18,559,397	8,791,903	15,748,863
Revenue Growth (YoY)	-7.64%	4.71%	-43.89%	111.10%	-44.17%	13.46%
Salaries and Employee Benefits	18,490	-	-	2,599,503	-	2,644,624
Occupancy Expenses	18,126	-	-	433,020	-	444,746
Federal Deposit Insurance	11,311	-	-	455,795	-	353,536
Amortization of Goodwill & Intangibles	29,803	-	-	168,648	-	177,483
Selling, General & Administrative	4,441,645	4,408,272	4,256,713	703,333	3,762,967	683,394
Other Non-Interest Expense	1,277,612	1,605,306	1,158,332	8,893,724	1,054,350	7,788,001
Total Non-Interest Expense	6,072,070	6,214,337	5,478,530	13,647,361	5,051,956	12,331,983
EBT Excluding Unusual Items	4,988,077	4,689,730	4,935,549	4,912,036	3,739,947	3,416,880
Asset Writedown	-31,634	-31,628	-10,374	-7,111	-572	-8,733
Legal Settlements	23,110	23,110	18,141	-	-10,141	-
Pretax Income	4,979,553	4,681,212	4,943,316	4,904,925	3,729,234	3,408,147
Income Tax Expense	1,272,418	1,212,856	1,303,906	1,323,343	1,044,356	982,525
Earnings From Continuing Operations	3,707,135	3,468,356	3,639,410	3,581,582	2,684,878	2,425,622
Minority Interest in Earnings	-37,986	-46,644	-68,803	-55,514	-47,636	-34,038
Net Income	3,669,149	3,421,712	3,570,607	3,526,068	2,637,242	2,391,584
Preferred Dividends & Other Adjustments	151,417	135,526	111,210	80,083	113,634	-
Net Income to Common	3,517,732	3,286,186	3,459,397	3,445,985	2,523,608	2,391,584
Net Income Growth	-0.58%	-4.17%	1.26%	33.70%	10.27%	7.09%
Basic Shares Outstanding	286	289	292	292	292	303
Diluted Shares Outstanding	286	289	292	292	292	304
Shares Change (YoY)	-1.42%	-0.96%	-	-	-3.97%	-0.42%
EPS (Basic)	12319.73	11380.28	11864.99	11818.99	8655.43	7898.00
EPS (Diluted)	12319.64	11380.00	11864.99	11818.99	8655.00	7877.00
EPS Growth	0.16%	-4.09%	0.39%	36.56%	9.88%	7.54%
Dividend Per Share	4600.000	3400.000	3350.000	3100.000	1850.000	-
Dividend Growth	46.03%	1.49%	8.06%	67.57%	-	-
Effective Tax Rate	25.55%	25.91%	26.38%	26.98%	28.00%	28.83%

Source: S&P Capital IQ. Banks template. Financial Sources.