iM Financial Group stock reports weaker profit as lending expands
Published on 11/11/2026 at 00:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults and shareholder returns
- iM Financial Group reported cumulative net income of 416.3 billion won through the third quarter, while lending assets grew 7.6 percent from year-end.
- The group completed a 30 billion won share buyback and plans to cancel the repurchased shares within one month.
iM Financial Group reported cumulative net income attributable to owners of the parent of 416.3 billion won through the third quarter on October 27, 2026. The figure was 3.6 percent below the 431.7 billion won recorded a year earlier, according to Financial News.
Lending growth offsets weaker profit
Lending assets at the group, led by iM Bank and iM Capital, increased 7.6 percent from the end of 2025. Interest income rose 5.6 percent year over year, supported by growth in corporate lending and won-denominated loans.
Corporate loans increased by 3.8 trillion won, or 10.8 percent, through the end of September. The group said its third-quarter non-performing loan ratio was 1.18 percent, while the corresponding ratio at iM Bank was 0.77 percent. Credit cost ratios stood at 0.48 percent for the group and 0.40 percent for the bank.
Affiliates show mixed performance
iM Bank posted cumulative net income of 361.5 billion won, down 5.1 percent from the prior-year period. iM Capital recorded 56.5 billion won, up 20 percent, while operating assets grew 14.9 percent. iM Securities reported standalone cumulative net income of 72.2 billion won, an increase of 10.4 percent, and iM Life posted 11.2 billion won.
The group completed an additional 30 billion won share buyback announced in July. The repurchased shares represent 1.1 percent of total shares outstanding and are scheduled for cancellation within one month. The provisional common equity Tier 1 ratio rose 0.12 percentage points from the previous quarter to 12.39 percent.
Financial group serves Korean markets
iM Financial Group is a South Korean financial holding company based in Daegu. Its network includes banking through iM Bank, consumer and auto finance through iM Capital, securities services through iM Securities and insurance through iM Life. The group's corporate website describes its strategy as building a comprehensive financial group as it expands beyond traditional banking.
iM Financial Group at a glance
- Company: iM Financial Group Co., Ltd.
- ISIN: KR7139130009
- Business: Financial holding company with banking, capital markets and insurance operations
- Headquarters: Daegu, South Korea
South Korean financial stocks trade within the broader regional market environment tracked by the KOSPI.
