Korea Investment Holdings (071050) Q1 2026 earnings summary

Executive summary

• Achieved consolidated net income of KRW 916.7bn in 1Q FY2026, up 99.6% year-over-year, driven by strong earnings across all business segments and improved subsidiary profitability.

• Operating income rose 108.9% YoY to KRW 1,106.3bn; pretax income increased 101.0% YoY to KRW 1,236.2bn.

• The group maintained a strong capital position, with total assets of KRW 148,006.6bn and equity of KRW 12,859.9bn at quarter-end.

• Annualized ROE surged to 29.4% from 18.6% YoY, reflecting enhanced profitability.

• Comprehensive income attributable to owners was KRW 1,060.2bn.

Financial highlights

• Net operating revenue reached KRW 1,699.1bn, up 74.2% YoY and 81.9% QoQ.

• Fee and commission income grew 86.9% YoY to KRW 621.5bn; interest income up 22.1% YoY to KRW 432.0bn.

• Group total assets increased 8.7% YTD to KRW 148.0tn; group total AUM rose 7.1% YTD to KRW 538.3tn.

• Basic EPS for Q1 2026: KRW 15,665, compared to KRW 7,849 in Q1 2025.

• Operating cash flow was negative at KRW -2,382.7bn, while financing activities provided KRW 3,948.4bn.

Outlook and guidance

• Management expects continued earnings momentum, supported by robust trading volumes, improved net interest margins, and strong asset management inflows.

• The group expects continued growth in asset management and investment banking, leveraging digital transformation and global expansion.

• Market volatility and geopolitical risks remain, but the group is focused on risk management and diversification.