Samsung Card (A029780) Q2 2026 earnings summary

Executive summary

• Transaction volume rose 9.1% year-over-year in 1H26, with credit purchases up 9.6% and lending up 4.6%.

• Earning assets increased 12.7% year-over-year to ₩30.7 trillion, driven by growth in credit purchases and card loans.

• Net income for 1H26 declined 7.5% year-over-year to ₩310.5 billion, with operating income down 6.0%.

Financial highlights

• Operating revenues grew 6.0% year-over-year in 1H26, led by credit purchase and card loan segments.

• Interest expense increased 17.8% year-over-year, impacting net income.

• Pre-provision income fell 1.5% year-over-year, while provisions for credit losses rose 4.1%.

Outlook and guidance

• Mid- to long-term shareholder return goal set at 50%, with recent payout ratios in the mid-40% range.