South Korea · Delayed Price · Currency is KRW Hana Financial Group Earnings Call Transcripts
Fiscal Year 2026
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Record first-half net income and strong fee income growth were achieved, supported by improved NIM and loan growth. The revised Value Up Plan targets higher ROE, CET1, and shareholder returns, with ongoing dividend increases and share buybacks.
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Q1 2026 net income rose 7.3% YoY, driven by strong interest and fee income growth, with ROE at 10.91%. CET1 ratio remained above 13% despite regulatory and FX pressures, and shareholder returns are shifting toward higher cash dividends leveraging new tax benefits.
Fiscal Year 2025
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Q3 net income rose 6.5% year-over-year, with strong loan growth and improved NIM driving results. Shareholder returns increased 28% year-over-year, and CET1 ratio remained solid despite FX pressures. Credit costs and delinquencies are expected to rise in Q4.
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Q1 2025 net income rose 9.1% YoY, with improved ROE and stable NIM despite macro headwinds. Asset quality is well-managed through high collateralization, and shareholder returns are supported by fixed dividends and ongoing share buybacks.
Fiscal Year 2024
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Net income hit a record high in 2024, with strong fee income growth and stable asset quality despite FX losses. Shareholder returns rose through higher dividends and the largest-ever share buyback, while management targets further profitability and capital efficiency improvements in 2025.
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Q3 2024 net income hit record highs, driven by strong non-interest income and stable credit costs. Shareholder returns are set to rise, with a new value-up plan targeting a 50% return ratio by 2027 and CET1 ratio managed above 13%.
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First-half 2024 net income rose 2.4% year-over-year, driven by strong fee income and stable credit costs. CET1 ratio is targeted to recover above 13% by year-end, with a focus on RWA management and a new value-up plan to enhance shareholder returns.