Meritz Financial Group said on the 11th that it posted a consolidated net profit of 235.01 billion won last year. Net profit rose 0.7% from 2024 (233.34 billion won), hitting an all-time high.
Meritz Financial Group's sales at the end of last year were 35.2574 trillion won, and operating profit was 2.8727 trillion won. As of the end of last year, total assets were 135.458 trillion won, and return on equity (ROE) was 22.7%.
Among major affiliates, Meritz Fire & Marine Insurance's net profit (separate basis) was 1.681 trillion won, down 1.7% from a year earlier. As of the end of last year, investment gains were 862.3 billion won, up 13.2% from a year earlier. The asset management investment yield was about 3.7%. The provisional capital adequacy ratio (K-ICS) at the end of last year was 237.4%.
Meritz Securities' net profit (consolidation basis) came to 766.3 billion won, up 10.1% from a year earlier. Shareholders' equity increased 18.3%, from 6.9042 trillion won at the end of 2024 to 8.1654 trillion won at the end of last year.