BNK Financial Group Achieves 137.7 Billion KRW Net Profit in Q1
[Asia Economy Yeongnam Reporting Headquarters, Reporter Kang Woo-kwon] BNK Financial Group announced on the 1st that it achieved a net profit attributable to controlling interests of 137.7 billion KRW in the first quarter of this year.
Although this is a decrease compared to the first quarter of last year, the company explained that excluding one-time factors (such as reversal of provisions), the performance is favorable.
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By affiliate, Busan Bank and Gyeongnam Bank recorded net profits of 87.4 billion KRW and 47.4 billion KRW, respectively. The BIS total capital ratio, a capital adequacy indicator, rose by 0.03 percentage points from the end of last year to 12.98%, and the common equity tier 1 ratio was 9.53%.
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