Said it posted a net profit of 4,921 billion to connect the first quarter of 2017 [South Korea sinyuncheol financial newspaper reporters - Hana Financial Group (Chairman: Kim Jeongtae). It has increased by 444.5% (4,017 million) QoQ and YoY growth was 12.4% (542 million).
In particular, the first quarter despite the occurrence of one-off factors such as the shipbuilding industry restructuring provisions related to additional earn one hundred million won 3502 and posted a net profit of up to quarter level since the first quarter of 2012. Excluding the one-time large-scale additional provisioning the first quarter net profit of Hana Financial Group is 8,400 billion won.
The uncertainties in the first quarter of shipbuilding restructuring of a banking group as an additional provision is eliminated much of the next recurring allowance scale is expected to stabilize.
A one-time thing large was able to post additional earnings in the provisions that demonstrate an increase △ revenue-generating synergies and sales △ cost savings through the reduction of administrative costs synergies and integration synergies in accordance with the uniform of the after interest income and non-interest income last year, the bank consolidation it seems.
Interest income increased by 0.7% 1.1919 trillion won (81 billion) QoQ, 2.1% (242 million) YoY. Through steady loan growth and the rise in the net interest margin (NIM) have demonstrated the interest income on a quarterly basis since the first quarter of 2013 the highest level. Net interest margin (NIM) is 6bp rose 1.86% qoq.
Non-interest income increased by 732.5 billion won compared to (5,200 won) 244.7% the previous quarter, the year-on-year 31.8% (1,767 million). Among △ commission income was 4,892 one hundred million won 7.1% (326 million) the previous quarter, the jumped 18.1% (750 billion) YoY, △ trading gains 3,483 billion compared to 509.8 percent (433.3 billion won) the previous quarter, the year-on-year increased by 38.5% (968 million).
1Q11 SG & A expenses (8,787 million) declined by 27.8% (3,376 million), 5.6% (520 million) YoY QoQ.
In accordance with OP gyeongbiyul (Cost Income Ratio) it is improved significantly compared to the end (61.7%) with 45.7% the previous year has been stabilize at a high speed.
One quarter-end BIS capital ratio estimates were elevated compared to 36bp QoQ to 14.69%, common equity ratio estimate was significantly improved by 65bp QoQ, up 12.42% over the chief risk weighted asset management with enhanced profitability and steady effort.
Key indicators of ROA and ROE shows the effectiveness of the management was also improved significantly. ROA (ROA) climbed 18bp compared to the previous year end to 0.60%, return on equity (ROE) showed efficient management performance while recording a 293bp increase of 8.85% compared to the end of the previous year.
Provisions, including provisions in the first quarter one-time large-scale provisioning influence (4,226 won) are quarter (1,681 million) grew by over temporarily, and recurring provisions, excluding one-off factors, provisions were down significantly compared to the previous quarter to about 930 billion won.
1Q11 cumulative credit cost ratio also but did receive a 38bp rise 0.72% QoQ due to temporary allowance factors, one-off factors, recurring credit cost ratio, except by entering as 10bp as large as 0.16% level is the lowest since the KEB acquisition in 2012 It achieved an improvement in width.
Total assets of the group, including one quarter-end basis is one trillion won trust assets 92.1 435.1 trillion.
◇ major affiliates earnings
KEB, Hana Bank has posted a consolidated net profit of 1 billion, up 327.2% in 4780 (3,661 million) from the previous quarter. YoY has declined (142 million) by 2.9%, to achieve the maximum performance after billion won in 8200, September 2015, integrated bank, excluding the one-off effect large-scale losses.
Through the improvement of procurement structures were △ key interest rates deposits increased by 12.5% (5.2 billion) YoY, △ currency loans increased 179.9 trillion won year-on-year by 6.3% (10.6 billion) loan to continued stable growth.
Leads to integration synergies from operating activities Profit sector showed growth picked. And we had interests and △ core earnings combined fee income increased 6.2% (774 million) compared to the same period last year, and the cost savings synergies accelerate sales and administrative expenses 33.4% (3,262 million), year-on-year by 7.0% (492 million) QoQ It decreased.
One card was posted first quarter net profit of 50 billion won and continued to increase up to the new Member level since December 2014 launch of integrated credit card companies.
A financial investment is 150 million yuan, has posted a 18.5 billion won Capital One Savings Bank 7.9 billion won, the first quarter net profit of 7.4 billion won each one lives.
Daily Economic News Finance FNTIMES - commercial reprint, copy, distribute prohibited purposes under the Copyright Act
Copyright ⓒ Korea's Financial News & FNTIMES.com
