Hana Financial Group (086790) Q4 2025 earnings summary

Executive summary

• Achieved record annual net income of 4.00 trillion KRW, up 7.1% year-over-year, with balanced growth in net interest and non-interest income.

• ROE improved to 9.19%, up 7bp YoY, reflecting enhanced earnings quality and profitability.

• Shareholder return ratio increased to 46.8%, supported by higher dividends and a 400 billion KRW share buyback plan for 1H26.

Financial highlights

• General operating income rose 6.5% YoY to 11,376.7 billion KRW; net income reached 4,002.9 billion KRW, up 7.1% YoY.

• Interest income grew 4.6% YoY, while fee income increased 7.6% YoY, and gains on disposition and valuation surged 48.5% YoY.

• C/I ratio improved to 41.2% from 42.4% YoY, driven by cost control.

• EPS rose 10.5% YoY to KRW 13,954; DPS increased 14% YoY to KRW 4,105.

Outlook and guidance

• Full-year NIM expected to trend up modestly if policy rates remain stable.

• Loan growth to align with nominal GDP, targeting 4-5% growth, with double-digit fee income growth anticipated.

• CIR to remain in the low-40% range, and recurring credit costs to be maintained in the mid-30bp range.

• ROE target set above 10%, with focus on non-bank profitability improvements.