BNK Financial Group Reports KRW 475.8 Billion Net Profit for First Half of 2025 and KRW 309.2 Billion for Second Quarter

All Treasury Shares Acquired in the First Half (Approximately 3.96 Million Shares) to Be Cancelled
Additional Treasury Share Buyback and Cancellation Worth KRW 60 Billion Planned for the Second Half

BNK Financial Group (Chairman Bin Daein) announced on the 31st through its earnings disclosure that its consolidated net profit attributable to controlling interests for the first half of 2025 reached KRW 475.8 billion, a decrease of KRW 16.5 billion (down 3.4%) compared to the same period last year.

Net profit decreased year-on-year due to a decline in both interest and non-interest income, as well as an increase in credit loss expenses.

The banking sector recorded a net profit of KRW 410.2 billion, a decrease of KRW 45.5 billion compared to the same period last year (Busan Bank +KRW 0.3 billion, Kyongnam Bank -KRW 45.8 billion). The non-banking sector posted a net profit of KRW 108.8 billion, an increase of KRW 12.7 billion year-on-year (Capital -KRW 7.3 billion, Investment Securities +KRW 15.3 billion, Savings Bank +KRW 3.3 billion, Asset Management +KRW 6.1 billion).

The group’s asset quality indicator, the ratio of substandard and below loans, improved by 7 basis points from the previous quarter to 1.62%, while the delinquency rate rose by 27 basis points to 1.39% over the same period. This reflects an increase in non-performing assets due to the economic slowdown, indicating the need for continued asset quality management going forward.

In addition, the group’s capital adequacy indicator, the Common Equity Tier 1 (CET1) ratio, rose by 31 basis points from the previous quarter to 12.56% due to stable profit realization and proactive risk-weighted asset (RWA) management. The continuous improvement in the CET1 ratio has laid the groundwork for responding to potential credit risk expansion and for enhancing shareholder returns in the future.

At the board meeting held on the same day, the company resolved to implement a quarterly dividend (KRW 120 per share) and to repurchase and cancel KRW 60 billion worth of treasury shares in the second half of the year to enhance shareholder value.

Kwon Jaejung, CFO of BNK Financial Group, stated, "We will cancel all treasury shares (approximately 3.96 million shares) acquired in the first half of this year, and in accordance with the board resolution, we plan to implement an additional quarterly dividend and repurchase and cancel KRW 60 billion worth of treasury shares in the second half of the year." He added, "We will continue to do our best to expand our shareholder return policy based on the improved capital ratio."