K-Bank Q2 net profit KRW 68.2 billion, quarterly record…non-interest income alone KRW 19.7 billion
공유하기
- K-Bank said it recorded a net profit of KRW 68.2 billion in Q2 this year, posting the largest quarterly performance on record.
- Interest income fell from KRW 128.6 billion in Q2 last year to KRW 103.3 billion in Q2 this year, down KRW 25.3 billion (19.7%), and it said this was due to a deterioration in profitability from benchmark rate cuts and increased interest expenses paid on Upbit's won deposits.
- Meanwhile, non-interest income rose from KRW 16.9 billion in Q2 last year to KRW 19.7 billion in Q2 this year, up 16.2%, and it said the reduction in provision expenses from KRW 56.2 billion to KRW 41.3 billion (26.5%) also drove the strong performance.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Internet bank K-Bank announced on the 13th that it posted a net profit of KRW 68.2 billion in Q2 this year. This is an increase of 96.3% compared with the same period last year (KRW 34.7 billion), making it the largest quarterly performance on record.
Interest income fell from KRW 128.6 billion in Q2 last year to KRW 103.3 billion in Q2 this year, a decrease of KRW 25.3 billion (19.7%). Although loan balances grew 10.8% during this period, interest income declined as profitability worsened due to cuts in the benchmark rate and interest expenses paid on won deposits from Upbit, the country's largest cryptocurrency exchange, increased.
Instead, non-interest income rose from KRW 16.9 billion in Q2 last year to KRW 19.7 billion in Q2 this year, up 16.2%. The reduction in provision expenses from KRW 56.2 billion to KRW 41.3 billion (26.5%) during the same period also helped drive the strong results.
Reporter Jeong Ui-jin justjin@hankyung.com
![2025-12-24 [Javis] 'PICK News Image5 Reporter Taek'](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)