Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  Hana Financial Group Inc.    A086790   KR7086790003

HANA FINANCIAL GROUP INC.

(A086790)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Hana Financial : 3Q Net Profit Fell 8.9%

10/23/2020 | 04:02am EST

By Kwanwoo Jun

Hana Financial Group Inc.'s third-quarter net profit fell 8.9% from a year earlier, weighed by weaker net interest margins amid a lower policy rate.

Net profit for the quarter ended Sept. 30 was 772.22 billion Korean won ($680.3 million), the South Korean company said Friday. That beat a FactSet consensus forecast for a KRW615.88 billion net profit.

Revenue during the quarter fell 43% to KRW6.522 trillion, while operating profit gained 37% to KRW1.069 trillion.

The company said its net interest margins weakened during the quarter as the central bank kept the policy rate at a record low after rate cuts earlier this year.

Increased loans to small businesses and additional provisions to cover bad debts in response to the Covid-19 pandemic have also weighed on earnings, it said.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

10-23-20 0401ET

All news about HANA FINANCIAL GROUP INC.
01/19Indian Hyperlocal Delivery Startup Dunzo Raises $40 Million from Google, Othe..
MT
01/19Google backs Indian courier startup Dunzo in $40 million fundraising
RE
01/05Seoul Stocks Climb Nearly 2% as KOSPI Hovers Close to 3,000-Level
MT
01/04Seoul Stocks End the Year’s First Session at New Record High; Hyundai M..
MT
2020MARKET CHATTER : Korea Shipbuilding Expects Considerably More Orders in 2021
MT
2020HANA FINANCIAL GROUP INC. : Ex-dividend day for final dividend
FA
2020SKANSKA : divests majority interest in 2+U in Seattle, USA, for USD 669M, about ..
AQ
2020Seoul Stocks End Lower as Investors Book Profit
MT
2020KOSPI COMPOSITE : South Korean Stocks End in Red as Investors Chase Profit
MT
2020S.Korea shares rise on hopes of Fed's policy support; rising virus cases weig..
RE
More news
Financials
Sales 2020 8 292 B 7,50 B 7,50 B
Net income 2020 2 457 B 2,22 B 2,22 B
Net Debt 2020 - - -
P/E ratio 2020 4,40x
Yield 2020 5,58%
Capitalization 10 598 B 9 582 M 9 591 M
Capi. / Sales 2020 1,28x
Capi. / Sales 2021 1,27x
Nbr of Employees 12 754
Free-Float 96,1%
Chart HANA FINANCIAL GROUP INC.
Duration : Period :
Hana Financial Group Inc. Technical Analysis Chart | A086790 | KR7086790003 | MarketScreener
Technical analysis trends HANA FINANCIAL GROUP INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 26
Average target price 44 161,54 KRW
Last Close Price 36 350,00 KRW
Spread / Highest target 40,3%
Spread / Average Target 21,5%
Spread / Lowest Target -6,46%
EPS Revisions
Managers and Directors
NameTitle
Jung-Tai Kim Co-Chairman & Chief Executive Officer
Seong-Bok Yoon Co-Chairman
Seung-Yeol Lee Vice President-Group Finance
Won-Goo Park Independent Director
Young-Joo Ham Vice Chairman & Executive Vice President