Hana Financial Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Hana Financial Group (KRX:086790) Full Year 2024 Results

Key Financial Results

• Revenue: ₩12t (up 7.5% from FY 2023).
• Net income: ₩3.59t (up 9.2% from FY 2023).
• Profit margin: 31% (in line with FY 2023).
• EPS: ₩12,629 (up from ₩11,380 in FY 2023).

A086790 Banking Performance Indicators

• Non-performing loans: 0.67% (up from 0.57% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hana Financial Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 4.2%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Banks industry in South Korea.

Performance of the South Korean Banks industry.

The company's shares are down 7.5% from a week ago.

Risk Analysis

Be aware that Hana Financial Group is showing 1 warning sign in our investment analysis that you should know about...

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