Hana Financial Q3 Net up 7.9% on Rise in Interest, Non-Interest Income
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Hana Financial Group recorded a net profit of 1.2 trillion won in the third quarter of this year, a level similar to the second quarter. While profits at the securities firm plummeted as stock investment enthusiasm cooled, the bank's performance compensated for this. Hana Financial Group posted a net profit of 1.2214 trillion won in the third quarter (July–September) based on controlling shareholders' equity.
Hana Financial Group achieved its highest-ever performance, recording a cumulative net profit of 3.6243 trillion won for the third quarter, driven by an increase in interest and fee income. With Hana Bank’s earnings growth leading the entire group, the group has decided to strengthen its shareholder return policy through the buyback and cancellation of 250 billion won worth of treasury shares.
Hana Financial Q3 net up 7.9% on rise in interest, non-interest income
Hana Financial Group Inc. on Friday reported a rise in net profit in the third quarter of the year, driven by a rise in interest and non-interest income. The banking group said it racked up a net profit of 1.22 trillion won ($919 million) in the July-September period, up 7.86 percent from a year earlier. The earnings are higher than market expectations. The average estimate of net profit by analysts stood at 1.21 trillion won, according to a sur…
(Seoul = Yonhap News) Reporters Chae Sae-rom and Kim Yu-ah = Hana Financial Group recorded its highest-ever performance again, posting a cumulative net profit of over 3.6 trillion won in the third quarter of this year.
Hana Financial Group recorded a cumulative net income of 3.624.3 trillion won in the 3rd quarter of this year and rewrote the highest performance ever for the same period. On the 23rd, Hana Financial Group announced its management results for the 3rd quarter and revealed that the cumulative consolidated net income was calculated at 3.624.3 trillion won, an increase of 5.6% (1909 billion won) over the same period of the previous year. The sole ne…
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