First-half net profits of Samsung Group's financial business and other major banking groups (Unit: billion won) Samsung Group 3,200.9 KB Financial Group 2,781.5 Shinhan Financial Group 2,747.0 Hana Financial Group 2,068.7 (Note: Samsung Group's results are on a stand-alone basis (Source: the companies) The first-half results of Samsung's four financial services companies surpassed KB Financial Group’s 2.78 trillion won in combined net profit of its 60 subsidiaries and those of other top banking groups such as Shinhan Financial Group, Woori Financial Group, Hana Financial Group and NongHyup Financial Group.
Net profits of Samsung Group's four financial services arms H1 2024 (Unit: billion won) Year-on-year change Samsung Life Insurance 1,368.5 40.5% Samsung Fire & Marine Insurance 1,312.4 8.2% Samsung Securities 511.0 26.4% Samsung Card 362.8 24.8% (Source: Samsung Group) In the brokerage market, Samsung Securities has ascended to the No.2 place after Korea Investment & Securities Co.in terms of net profit.
Samsung’s four financial services units – Samsung Life Insurance Co., Samsung Fire & Marine Insurance Co., Samsung Securities Co.and Samsung Card Co.– flagged a combined net profit of 3.20 trillion won ($2.4 billion) in the first half of this year, according to financial industry sources on Friday.
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