South Korea · Delayed Price · Currency is KRW Meritz Financial Group Earnings Call Transcripts
Fiscal Year 2025
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Consolidated net income reached a record KRW 2.3501 trillion in 2025, with strong ROE of 22.7% and robust shareholder returns driven by aggressive buybacks. Segment results were mixed, with insurance profit down but investment and securities income up.
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Extended 50% payout policy through 2028, with 3Q 2025 net income up 2.2% year-over-year and ROE at 25.9%. Segment results were mixed, with strong securities growth and insurance profit declines post-medical strike. Share buybacks and capital returns remain robust.
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Consolidated net profit for H1 2025 rose 2.3% year-over-year to KRW 1,358.4 billion, with ROE at 26.3%. Meritz Fire & Marine and Meritz Securities both posted record or strong profits, while shareholder returns remain robust through aggressive buybacks.
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Q1 2025 saw 5% year-over-year net profit growth, high ROE at 24.6%, and robust investment income. Shareholder returns remain a priority, with a 50% payout ratio and ongoing share buybacks.