Korea Investment Holdings (071050) Q3 2025 earnings summary

Executive summary

• Cumulative net income reached KRW 1,674.5bn for 3Q 2025, up 78.4% year-over-year, driven by strong subsidiary performance.

• Consolidated revenue for the nine months ended September 30, 2025, was KRW 15.94 trillion, with consolidated net income attributable to owners of the parent at KRW 1.67 trillion, up from KRW 1.04 trillion year-over-year.

• Group total assets rose to KRW 123.1tn, a 12.7% increase year-to-date.

• Total equity increased 20% year-to-date to KRW 11,680bn.

• The group maintained a strong capital position, with a consolidated capital adequacy ratio of 143.6% and a consolidated debt ratio of 69.3%.

Financial highlights

• Operating income for 3Q 2025 was KRW 1,964.3bn, up 88.1% year-over-year.

• Pretax income reached KRW 2,270.6bn, up 80.8% year-over-year.

• Net operating revenue for 3Q 2025 was KRW 1,332.7bn, up 73.6% year-over-year and 16.4% sequentially.

• Fee and commission income grew 37.1% year-over-year to KRW 415.5bn.

• Earnings per share (EPS) for the period was KRW 28,616, compared to KRW 17,799 in the prior year.

Outlook and guidance

• KIS expects continued growth under favorable market conditions, with steady AUM expansion and robust brokerage and trading activity.

• The group expects continued growth in asset management and investment banking, with a focus on risk management and digital transformation.

• The company plans to maintain a stable dividend policy, with a payout ratio of 22.4% and a cash dividend yield of 5.0% for common shares.