DB Insurance (005830) Q4 2025 earnings summary

Executive summary

• Revenue for 2025 rose 6.6% year-over-year to KRW 20,066bn, while net income declined 13.4% to KRW 1,535bn compared to 2024.

• Operating profit decreased 10.5% year-over-year, but Q4 2025 saw a 58.7% sequential increase.

• Investment profit improved 44.9% year-over-year, supporting overall profitability.

Financial highlights

• Q4 2025 net income increased 72.4% year-over-year to KRW 335bn.

• Underwriting profit for 2025 dropped 36.0% year-over-year, while investment profit surged 44.9%.

• Dividend per share rose to KRW 7,600, with a payout ratio of 30.0% and yield of 5.4%.

Outlook and guidance

• 2026 strategy focuses on enhancing profitability, stable CSM growth, and global expansion.

• Shareholder return rate planned to increase to over 35% if capital adequacy is maintained.

• Emphasis on sustainable management, AI-driven innovation, and balanced channel growth.