In the first half of this year, net income of financial holding companies topped 15 trillion won. It was the highest half-year performance on record.
According to the Financial Supervisory Service's "preliminary management results of financial holding companies for the first half of 2025" on the 4th, as of the end of June, the consolidation net income of 10 financial holding companies (KB, Shinhan, Hana, Woori, NH, iM, BNK, JB, Hantu, Meritz) was 15.4428 trillion won, up 1.3872 trillion won (9.9%) from a year earlier.
By sector, banks had the highest share of profit at 59.0%, followed by financial investment at 16.4%, insurance at 13.4%, and credit-specialized finance companies at 7.5%. By industry, banks rose 1.6898 trillion won and financial investment 439 billion won, up 19.3% and 17.9%, respectively. In contrast, insurance fell 93.2 billion won and credit-specialized finance companies 334.3 billion won, down 3.8% and 20.0%.
As of the end of June, capital adequacy indicators for bank holding companies—total capital ratio, Tier 1 capital ratio, and common equity Tier 1 ratio—were 15.87%, 14.88%, and 13.21%, respectively, edging up from the end of last year. All exceeded regulatory ratios. The fixed and below loan ratio, an asset soundness indicator for financial holding companies, was 1.04%, up 0.14 percentage point from the end of last year.
The loan-loss allowance coverage ratio, which shows loss-absorbing capacity, was 104.3%, down 18.0 percentage points from the end of last year. The liability ratio was 29.0%, up 0.9 percentage point, and the double leverage ratio was 112.1%, down 1.2 percentage points.
The Financial Supervisory Service said, "In the first half, financial holding companies showed solid results, including growth in total assets and an expansion in net income," but noted, "It is necessary for financial holding companies to secure buffer capacity for preemptive asset soundness management and to make continued efforts to ease borrowers' interest repayment burdens."