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Banks' earnings up 8.2% in 2025 on noninterest income

Published: 19 Mar. 2026, 09:02

ATMs are seen in Seoul on March 8. [YONHAP]

Korean banks' combined net profit jumped by more than 8 percent last year from a year earlier due mainly to a rise in noninterest income, data showed Thursday.

The combined net profit of 20 banks came to 24.1 trillion won ($16.2 billion) last year, up 1.8 trillion won from 22.2 trillion won recorded a year earlier, according to the data from the Financial Supervisory Service (FSS).

Their interest income came to 60.4 trillion won, up 1.1 trillion won, or 1.8 percent, from a year earlier.

Noninterest income came to 7.6 trillion won last year, up 1.6 trillion won, or 26.9 percent, over the cited period, according to the FSS.

Their costs to cover loan losses came in at 6.5 trillion won last year, down 0.4 trillion won, or 5.9 percent, from a year before.

The banks' return on assets ratio rose to 0.59 percent last year, up from 0.58 percent a year earlier, while their return on equity ratio rose 0.17 percentage point to 7.93 percent over the cited period, the data showed.

Yonhap