Balance Sheet Hana Financial Group Inc.

Equities

A086790

KR7086790003

Banks

End-of-day quote Korea S.E. Other stock markets 13/09/2024			5-day change	1st Jan Change
60,700.00 ^KRW	+4.12%		-3.50%	+39.86%

09-03	SK Telecom Co., Ltd. and Hana Financial Group Inc. acquired 35% stake in BitGo Korea.	CI
08-16	Hana Card Partners with Visa to Launch New Travel-Specific Card	MT

afe56a8d88bd1717d7b7c8ca6808c8._UQAA_PXD8B20x4lHpULrrRo8MDiC94fTl4eV5dkDl0.u3dBRsOzSI896ydMcf1t1_Vcp7SReIlyD2smBKQtRRexEnB1oK9jlDSqaQ

Published financial data: HANA FINANCIAL GROUP INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	9,321B	8,543B	10,867B	13,601B	22,425B
Interest Income On Investments	1,805B	1,545B	-	2,619B	851B
Interest Income, Total	11,126B	10,088B	10,867B	16,220B	23,276B
Interest On Deposits	3,603B	2,783B	3,430B	4,613B	14,066B
Total Interest On Borrowings	1,741B	1,483B	-	2,344B	330B
Interest Expense, Total	5,344B	4,265B	3,430B	6,957B	14,396B
Net Interest Income	5,782B	5,823B	7,437B	9,263B	8,879B
Trust Income	2.91B	2.46B	-	2.14B	-
Credit Card Fee	1,225B	1,225B	-	764B	-
Income From Trading Activities	-17,028B	-25,651B	-	-38,672B	-
Gain (Loss) on Sale of Loans	61.69B	82.43B	-	72.96B	85.09B
Gain (Loss) on Sale of Assets	443B	73.83B	70.73B	32.54B	2.37B
Gain (Loss) on Sale of Invest. & Securities - (Rev)	292B	1,047B	360B	-798B	1,044B
Income (Loss) on Equity Invest. (Income Block)	-	45.72B	-	233B	-
Total Other Non Interest Income	25,425B	35,235B	2,623B	52,841B	2,444B
Non Operating Income (Expenses)	118B	253B	-	151B	-
Non Interest Income, Total	10,539B	12,314B	3,054B	14,627B	3,575B
Revenues Before Provison For Loan Losses	16,321B	18,137B	10,491B	23,890B	12,455B
Provision For Loan Losses	539B	860B	533B	1,120B	1,551B
Total Revenues	15,782B	17,277B	9,958B	22,770B	10,904B
Salaries And Other Employee Benefits	2,645B	2,444B	-	2,759B	-
Amort. of Goodwill & Intang. Assets	177B	186B	-	166B	-
Occupancy Expense	445B	449B	-	445B	-
Federal Deposit Insurance	354B	403B	-	467B	-
Selling General & Admin Expenses, Total	751B	684B	3,905B	881B	4,408B
(Gain) Loss on Sale of Loans	6.17B	12.26B	-	11.9B	-
(Income) Loss on Equity Invest.	-	-	-	-	-
Total Other Non Interest Expense	7,754B	8,881B	1,063B	12,870B	1,605B
Non Operating (Income) Expenses	234B	488B	73.07B	216B	201B
Non Interest Expense, Total	12,365B	13,547B	5,040B	17,815B	6,214B
EBT, Excl. Unusual Items	3,417B	3,730B	4,918B	4,954B	4,690B
Asset Writedown	-8.73B	-572M	-7.11B	-10.37B	-31.63B
Legal Settlements	-	-	-5.54B	-	23.11B
EBT, Incl. Unusual Items	3,408B	3,729B	4,905B	4,944B	4,681B
Income Tax Expense	983B	1,044B	1,323B	1,323B	1,213B
Earnings From Continuing Operations	2,426B	2,685B	3,582B	3,621B	3,468B
Net Income to Company	2,426B	2,685B	3,582B	3,621B	3,468B
Minority Interest	-34.04B	-47.64B	-55.51B	-68.8B	-46.64B
Net Income - (IS)	2,392B	2,637B	3,526B	3,552B	3,422B
Preferred Dividend and Other Adjustments	47.75B	54.6B	393B	111B	136B
Net Income to Common Incl Extra Items	2,344B	2,583B	3,133B	3,441B	3,286B
Net Income to Common Excl. Extra Items	2,344B	2,583B	3,133B	3,441B	3,286B
Per Share Items
Net EPS - Basic	7.9K	8.86K	10.75K	11.8K	11.38K
Basic EPS - Continuing Operations	7.9K	8.86K	10.75K	11.8K	11.38K
Basic Weighted Average Shares Outstanding	297M	292M	292M	292M	289M
Net EPS - Diluted	7.88K	8.86K	10.75K	11.8K	11.38K
Diluted EPS - Continuing Operations	7.88K	8.86K	10.75K	11.8K	11.38K
Diluted Weighted Average Shares Outstanding	298M	292M	292M	292M	289M
Normalized Basic EPS	7.08K	7.83K	10.35K	10.38K	9.99K
Normalized Diluted EPS	7.06K	7.83K	10.35K	10.38K	9.99K
Dividend Per Share	2.1K	1.85K	3.1K	3.35K	3.4K
Payout Ratio	25.1	23.22	19.22	29.39	40.86
Supplemental Items
Effective Tax Rate - (Ratio)	28.83	28	26.98	26.76	25.91
Total Current Taxes	-	-	-	-	987B
Total Deferred Taxes	-	-	-	-	225B
Normalized Net Income	2,102B	2,283B	3,018B	3,028B	2,884B
Non-Cash Pension Expense	-	-	7.79B	7.56B	-4.2B
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	-	-	28.71B	-	-
Total Stock-Based Compensation	-	-	28.71B	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	13,400B	16,492B	6,150B	29,636B	29,637B
Investment Securities, Total	14,278B	15,101B	78,201B	16,224B	99,548B
Trading Asset Securities, Total	86,498B	96,325B	38,796B	126,262B	54,616B
Total investments	100,776B	111,426B	116,997B	142,487B	154,163B
Gross Loans	272,886B	299,688B	327,592B	352,845B	369,842B
Allowance For Loan Losses	-1,610B	-1,770B	-1,914B	-2,420B	-3,017B
Other Adjustments to Gross Loans	-4.71B	-2.96B	-5.23B	-18.87B	-9.09B
Net Loans	271,272B	297,914B	325,672B	350,406B	366,817B
Gross Property Plant And Equipment	5,547B	5,436B	5,858B	7,965B	9,866B
Accumulated Depreciation	-1,918B	-2,131B	-2,318B	-2,722B	-3,360B
Net Property Plant And Equipment	3,629B	3,305B	3,540B	5,243B	6,506B
Goodwill	85.17B	85.34B	84.21B	84.21B	137B
Other Intangibles, Total	570B	654B	664B	786B	798B
Investment in Real Estate	1,223B	899B	1,056B	1,250B	1,322B
Accrued Interest Receivable	1,268B	1,070B	1,149B	1,981B	2,434B
Other Receivables	11,393B	8,107B	10,503B	7,520B	15,694B
Restricted Cash	10,319B	11,038B	-	16,120B	-
Other Current Assets, Total	339B	357B	27,732B	689B	5,130B
Deferred Tax Assets Long-Term (Collected)	169B	162B	302B	429B	364B
Deferred Charges Long-Term	-	-	41.37B	-	-
Other Long-Term Assets, Total	7,063B	8,805B	8,555B	12,241B	8,925B
Total Assets	421,506B	460,313B	502,445B	568,873B	591,926B
Liabilities
Accounts Payable, Total	-	-	-	-	-
Accrued Expenses, Total	2,252B	1,742B	-	3,119B	-
Interest Bearing Deposits	238,806B	249,704B	271,281B	304,896B	321,974B
Non-Interest Bearing Deposits	33,988B	45,806B	54,064B	57,842B	50,066B
Total Deposits	272,794B	295,510B	325,345B	362,738B	372,040B
Short-Term Borrowings	9,967B	18,748B	15,619B	23,852B	24,074B
Current Portion of Long-Term Debt	-	-	-	-	21,516B
Current Portion of Leases	-	-	-	-	170B
Long-Term Debt	71,403B	80,878B	75,600B	103,241B	66,327B
Long-Term Leases	-	-	397B	-	278B
Current Income Taxes Payable	575B	542B	783B	728B	134B
Other Current Liabilities - (Bank / Utility Template)	12,094B	9,968B	9,213B	13,224B	12,134B
Unearned Revenue Non Current	389B	664B	-	711B	-
Pension & Other Post Retirement Benefits	363B	325B	198B	10.61B	176B
Deferred Tax Liability Non-Current	208B	176B	203B	2.26B	364B
Other Non Current Liabilities	22,476B	20,160B	39,587B	23,827B	54,532B
Total Liabilities	392,521B	428,713B	466,946B	531,454B	551,744B
Common Stock, Total	1,501B	1,501B	1,501B	1,501B	1,501B
Additional Paid In Capital	10,582B	10,580B	10,577B	10,581B	10,583B
Retained Earnings	15,965B	17,942B	20,824B	23,195B	25,126B
Treasury Stock	-300B	-300B	-	-150B	-
Comprehensive Income and Other	376B	991B	1,317B	1,299B	2,133B
Total Common Equity	28,124B	30,714B	34,219B	36,426B	39,343B
Minority Interest	860B	887B	1,281B	992B	838B
Total Equity	28,985B	31,600B	35,499B	37,419B	40,182B
Total Liabilities And Equity	421,506B	460,313B	502,445B	568,873B	591,926B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	292M	292M	292M	292M	288M
ECS Total Common Shares Outstanding	292M	292M	292M	292M	288M
Book Value / Share	96.46K	105K	108K	125K	124K
Tangible Book Value	27,469B	29,975B	33,470B	35,556B	38,408B
Tangible Book Value Per Share	94.21K	103K	106K	122K	121K
Total Debt	81,370B	99,626B	91,617B	127,093B	112,365B
Deposits at Interest - Cash	-	-	4,118B	37,850B	27,894B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	198B	-124B	117B
Net Debt	-30,366B	-25,560B	34,995B	-41,113B	13,519B
Equity Method Investments, Total	2,440B	2,731B	3,282B	3,918B	4,160B
Full Time Employees	-	-	-	-	-
Number Of Offices	-	-	-	-	-
Assets on Operating Lease - Gross	-	-	1,443B	-	4,444B
Assets on Operating Lease - Accumulated Depreciation	-	-	-375B	-	-826B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2,392B	2,637B	3,526B	3,552B	3,422B
Depreciation, Depletion & Amortization	741B	761B	572B	932B	998B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	60.55B	-	34.64B
Total Depreciation, Depletion & Amortization	741B	761B	633B	932B	1,033B
Amortization of Deferred Charges, Total	-	-	136B	-	187B
(Gain) Loss On Sale of Asset - (CF)	-489B	-	-62.27B	-	31.6B
(Gain) Loss on Sale of Investments - (CF)	-529B	-1,195B	59.9B	1,069B	-1,555B
Provision for Credit Losses	540B	867B	533B	1,019B	1,585B
(Income) Loss On Equity Investments - (CF)	22.45B	-45.67B	-	-233B	-
Stock-Based Compensation (CF)	13.65B	17.24B	28.71B	21.98B	12.28B
Change in Trading Asset Securities	-1,799B	-10,194B	4,624B	-12,570B	-101B
Change in Other Net Operating Assets (Collected)	-18,102B	-24,425B	-33,907B	-2,794B	-20,047B
Other Operating Activities	697B	2,520B	182B	1,129B	1,749B
Cash from Operations	-16,513B	-29,058B	-24,246B	-7,873B	-13,685B
Capital Expenditure	-1,089B	-402B	-1,164B	-2,908B	-2,178B
Sale of Property, Plant, and Equipment	972B	700B	359B	218B	121B
Cash Acquisitions	-891B	-233B	40.61B	-	-762B
Divestitures	-	-	357B	-	-
Purchase / Sale of Intangible Assets	-137B	-213B	-192B	-309B	-233B
Sale (Purchase) of Real Estate Properties (Collected)	-	-	-44.14B	-	-58.56B
Investment in Marketable and Equity Securities, Total	-5,465B	554B	-8,373B	-15,346B	-2,813B
Other Investing Activities, Total	-13.33B	77.4B	84.54B	34.75B	-3.33B
Cash from Investing	-6,623B	483B	-8,932B	-18,310B	-5,927B
Long-Term Debt Issued, Total	31,889B	33,293B	42,269B	45,012B	42,306B
Total Debt Issued	31,889B	33,293B	42,269B	45,012B	42,306B
Long-Term Debt Repaid, Total	-29,742B	-24,145B	-35,650B	-37,162B	-35,677B
Total Debt Repaid	-29,742B	-24,145B	-35,650B	-37,162B	-35,677B
Issuance of Common Stock	-	-	619B	-	798B
Repurchase of Common Stock	-300B	-	-	-	-638B
Common Dividends Paid	-	-	-678B	-	-1,398B
Common & Preferred Stock Dividends Paid	-600B	-612B	-	-1,044B	-
Common & Preferred Stock Dividends Paid	-600B	-612B	-678B	-1,044B	-1,398B
Net Increase (Decrease) in Deposit Accounts - (CF)	23,042B	21,341B	24,942B	32,937B	4,062B
Other Financing Activities, Total	109B	-60.7B	304B	-341B	287B
Cash from Financing	24,398B	29,816B	31,806B	39,400B	9,739B
Foreign Exchange Rate Adjustments	-9.35B	-393B	165B	-399B	-220B
Net Change in Cash	1,253B	848B	-1,208B	12,819B	-10,092B
Supplemental Items
Cash Interest Paid	45.93B	60.93B	3,531B	5,550B	12,087B
Cash Income Tax Paid (Refund)	755B	1,105B	1,104B	1,524B	1,610B
Net Debt Issued / Repaid	2,147B	9,148B	6,619B	7,849B	6,629B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.6	0.61	0.74	0.68	0.6
Return On Equity %	8.65	8.86	10.68	9.93	8.91
Return on Common Equity	8.59	8.78	9.65	9.74	8.65
Shareholders Value Added	-882B	-893B	-309B	-686B	-1,102B
Margin Analysis
SG&A Margin	24.33	20.7	39.21	17.94	40.43
Net Interest Income / Total Revenues %	36.64	33.7	74.69	40.68	81.43
EBT Excl. Non-Recurring Items Margin %	21.65	21.59	49.38	21.76	43.01
Income From Continuing Operations Margin %	15.37	15.54	35.97	15.9	31.81
Net Income Margin %	15.15	15.26	35.41	15.6	31.38
Net Avail. For Common Margin %	14.85	14.95	31.46	15.11	30.14
Normalized Net Income Margin	13.32	13.22	30.31	13.3	26.45
Asset quality
Nonperforming Loans / Total Loans %	-	-	0.36	0.39	0.56
Nonperforming Loans / Total Assets %	-	-	0.23	0.24	0.35
Nonperforming Assets / Total Assets %	-	-	0.23	0.24	0.35
NPAs / Loans and OREO	-	-	0.36	0.39	0.56
NPAs / Equity	-	-	3.3	3.7	5.17
Allowance for Credit Losses / Net Charge-offs %	-	-	554.23	442.69	378.82
Allowance for Credit Losses / Nonperforming Loans %	-	-