NH Investment & Securities (005940) Q3 2025 earnings summary

Executive summary

• Net income for 3Q25 reached W372.0bn, up 16.4% QoQ and 142% YoY, with ROE at 13.1% for the quarter.

• Achieved consolidated net profit of KRW 748.1 billion for 2025 Q3, up 29.7% year-over-year, with operating income of KRW 1,002.3 billion and revenue of KRW 10,250.8 billion.

• Operating income rose to W321.3bn, a 1.3% increase QoQ, reflecting robust commission and trading-related income.

• Total assets reached KRW 81.7 trillion, and equity attributable to owners was KRW 9.1 trillion at quarter-end.

• Strong performance in brokerage, IB, and trading segments, with fee and commission income and trading gains driving growth.

Financial highlights

• Operating revenue for 3Q25 was W4,174.3bn, up from W3,356.6bn in 1Q25 and W2,366.0bn in 3Q24.

• Net fee and commission income rose to KRW 864.5 billion, up 22.8% year-over-year, driven by brokerage and IB fees.

• Net interest income increased to KRW 685.7 billion, up 14.7% year-over-year.

• EPS (basic) was KRW 2,130, up from KRW 1,653 in the prior year.

• Gains from financial instruments at fair value through profit or loss surged to KRW 187.8 billion, compared to KRW 17.0 billion a year ago.

Outlook and guidance

• Continued focus on digital channel expansion and high-net-worth client growth.

• Emphasis on risk-managed trading amid bond rate hikes and volatile market conditions.

• Management expects continued growth in asset management and IB, with a focus on digital transformation and risk management.

• The company plans to maintain a balanced business portfolio and expand global operations.