Brokerages near last year’s profit in just one quarter
2026.05.15 10:41
According to industry data released Thursday, the combined net profit of the country’s 10 largest securities firms by equity capital totaled 4.33 trillion won ($2.90 billion) in the first quarter.
The firms include Mirae Asset Securities, Korea Investment & Securities, Samsung Securities, KB Securities, NH Investment & Securities, Shinhan Securities, Meritz Securities, Kiwoom Securities, Hana Securities and Daishin Securities.
The total more than doubled from 2.05 trillion won recorded a year earlier and marked a 115 percent increase from 2.01 trillion won in the fourth quarter of last year.
The brokerages had already benefited from strong market conditions last year, posting combined annual profits of 9.01 trillion won.
This year, however, the firms earned nearly half of last year’s full-year profit in just the first quarter, raising expectations that the industry could surpass 10 trillion won in annual net profit for the first time.
Mirae Asset Securities led the sector with net profit of 1 trillion won, becoming the first South Korean brokerage to cross the 1 trillion won mark in quarterly earnings.
Korea Investment & Securities, which became the industry’s first brokerage to post annual earnings exceeding 2 trillion won last year, also delivered record quarterly profit of 784.7 billion won.
Mirae Asset Securities’ first-quarter earnings were comparable to those of major South Korean commercial banks, including Shinhan Bank with 1.15 trillion won, KB Kookmin Bank with 1.1 trillion won, Hana Bank with 1.1 trillion won and NH NongHyup Bank with 868.8 billion won.
Samsung Securities posted quarterly net profit of 450.8 billion won, while NH Investment & Securities and Kiwoom Securities recorded 475.7 billion won and 477.3 billion won, respectively, approaching the 500 billion won level.
저작권 보호를 위해 본문의 일부만 표시됩니다.
원문 보기 →댓글 (0)
첫 번째 댓글을 작성해보세요!