In the second quarter of this year (April to June), the net profit of 60 domestic securities firms was recorded at a total of 2.85 trillion won. This is a 60% increase (1.0683 trillion won) compared to 1.78 trillion won in the same period last year. Compared to the first quarter of this year (January to March), it increased by 16.7% (407.4 billion won).
The Financial Supervisory Service announced on the 4th that it has released the '2025 Second Quarter Securities Company Business Performance (Provisional)', which includes such information. The average return on equity (ROE) for the 60 securities firms in the second quarter was also 3.1%, up 1 percentage point from the same period last year.
As the domestic stock market rebounded and the won exchange rate against the U.S. dollar fell, commission income, foreign exchange-related gains, and loan-related gains all increased.
The gap between large and small firms has widened. The net profit of 20 large securities firms (with more than 1 trillion won in equity) in the second quarter of this year was 2.5494 trillion won, an increase of 17.8% (384.6 billion won) from the first quarter. During the same period, the net profit of 40 small and medium-sized firms increased by 8.2% (22.8 billion won) to only 300.8 billion won.
As of the end of June this year, the equity capital of securities firms amounted to 96.5 trillion won, an increase of 3.6 trillion won over three months. The average net capital ratio during the same period rose by 15.8 percentage points to 835.6%. All securities firms exceeded the regulatory ratio (100% or more).
By the scale of securities firms, the net capital ratio of 10 comprehensive financial investment securities firms was 1695.6%. For 16 mid-sized firms (with equity capital between 300 billion won and 1 trillion won), it was 421.3%, and for 24 small firms (with equity capital of less than 300 billion won), it was 288.8%.
As of the end of June this year, the average leverage ratio of securities firms was 666.4%, a decrease of 1.1 percentage points from the end of March. All securities firms met the regulatory leverage ratio (within 1100%).
The net profit of three futures companies in the second quarter of this year was 22.53 billion won, a decrease of 0.4% (800 million won) from the same period last year.
The FSS noted that uncertainty in the financial market could increase due to the impact of U.S. tariffs, sluggish domestic construction activity, and concerns over global economic slowdown, and thus decided to continue monitoring the soundness of securities firms.
An FSS official said, "While directing securities firms to proactively clean up non-performing assets, we plan to guide and support the financial investment industry to stably supply venture capital through the upcoming issuance notes and integrated investment accounts (IMA)."