Meritz Financial stock posts record first-half profit
Published on 11/02/2026 at 00:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit growth and shareholder returns
- First-half net income reached a record level, supported by insurance and securities operations.
- Management has maintained a medium-term policy targeting 50 percent of consolidated net income for shareholder returns.
- The group combines strong capital efficiency with exposure to insurance claims, investment income and market activity.
Meritz Financial reported record first-half earnings for the six months ended June 2026, with consolidated net income of KRW 1.47 trillion, according to The Armchair Trader. Net income rose 8.3 percent year on year, operating profit increased 9 percent to KRW 1.82 trillion and return on equity reached 26.8 percent.
The official Meritz Financial Group website reports total assets of KRW 148.548 trillion and first-half net income of KRW 1.4716 trillion. Second-quarter net income was KRW 791.4 billion, while operating income reached KRW 967.6 billion.
Insurance and securities drive results
Meritz Fire & Marine Insurance generated first-half net income of about KRW 1.02 trillion. Investment income increased 16.3 percent to KRW 703.1 billion and helped offset a 3.7 percent decline in insurance income to KRW 697.5 billion.
Meritz Securities delivered stronger growth, with first-half net income up 15.9 percent to KRW 514 billion. Retail activity, asset management and financial income supported the division despite volatile markets. The mix gives the group several earnings streams, but insurance claims, underwriting conditions, investment returns and capital-market activity remain important swing factors.
Buybacks remain central to capital allocation
Meritz has committed to returning 50 percent of consolidated net income to shareholders through dividends and share repurchases. The group had acquired approximately KRW 607.2 billion of shares under a KRW 700 billion buyback trust by the end of July, while a further KRW 500 billion trust was announced in August, according to The Armchair Trader.
Meritz Financial stock was last quoted at KRW 133,200 in Seoul at 3:30:23 p.m. KST on Friday, October 30, 2026. Investors can use the dated Seoul quotation alongside the earnings record, but the available comparison does not establish a Xetra-based daily percentage move.
Meritz Financial Group at a glance
Meritz Financial Group is a South Korean financial holding company whose main businesses are Meritz Fire & Marine Insurance and Meritz Securities. Its operations span insurance underwriting, investment income, securities, retail activity and asset management. The group is positioned around high capital efficiency and shareholder distributions, with results sensitive to both insurance performance and financial-market conditions.
Meritz Financial Group facts
- Company: Meritz Financial Group Inc.
- ISIN: KR7138040001
- Ticker: 138040
- Trading venue: Seoul
- Last quoted price: KRW 133,200 on Friday, October 30, 2026, at 3:30:23 p.m. KST
- First-half net income: KRW 1.4716 trillion for the six months ended June 2026
- First-half return on equity: 26.8 percent
South Korean financial equities provide the broader market context for Meritz Financial through current market reports.
