Korea Investment Holdings (071050) Q4 2025 earnings summary

Executive summary

• Achieved record-high consolidated net income of KRW 2,024.4bn in FY2025, up 93.6% year-over-year, driven by strong performance across all business segments.

• Significant growth in operating income (+95.5% YoY) and pretax income (+94.7% YoY), reflecting robust business momentum.

• Advanced to a Mega IB with the first IMA license approval and inaugural issuance, reinforcing industry leadership.

Financial highlights

• Net operating revenue rose 54.8% YoY to KRW 4,386.8bn; fee and commission income up 27.5% YoY; interest income up 26.8% YoY.

• Annualized ROE improved to 18.8% from 11.5% YoY; group total assets increased 24.7% YTD to KRW 136.2tn.

• Group total AUM grew 35.0% YTD to KRW 502.5tn.

• Total equity rose 24.3% YoY to KRW 12,099bn.

Outlook and guidance

• Expanded corporate financing capabilities and continued leadership in ETF market with ACE ETF AUM reaching KRW 25.4tn and market share at 8.53%.

• Ongoing focus on capital gains from project fund LP investments and successful exits, both domestic and overseas.