JB Financial Group's headquarters. /Courtesy of JB Financial Group

JB Financial Group announced on the 6th that it recorded an annual net profit of 677.5 billion won last year, achieving the highest performance in its history. This figure represents a 15.6% increase compared to the 2023 results.

By affiliate, Jeonbuk Bank's net profit last year was 221.2 billion won, an increase of 8.2% from the previous year. Gwangju Bank recorded a net profit of 292.7 billion won last year, which is a 21.6% increase compared to the previous year.

Non-banking affiliates also succeeded in generating profits across the board. JB Our Capital recorded a net profit of 223.9 billion won, JB Asset Management recorded 5.5 billion won, and JB Investment reported a net profit of 3.9 billion won.

Meanwhile, the board of directors of JB Financial Group decided on a cash dividend of 680 won per common share. Additionally, it retired 20 billion won worth of its treasury shares purchased through trust contracts last year.

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