Business Segments Meritz Financial Group Inc.

Stocks

End-of-day quote Korea S.E. Other stock markets 12/06/2026			5-day change	1st Jan Change
108,900.00 ^KRW	+2.74%		+2.25%	-3.71%

05-14	Meritz Financial Group Q1 operating profit 854 billion won, up 18% Y/Y	RE
05-13	South Korea has room for active fiscal spending thanks to AI boom, Fitch says	RE

Breakdown by Business Segment (KRW)

Fiscal Period: December	2021	2022	2023	2024	2025
Insurance Sector	11,874B	12,834B	10,950B	11,661B	2,659B
Total Assets	27,689B	35,906B	39,525B	43,525B	-
Income Tax Expense	255B	307B	553B	589B	617B
Operating Income	908B	1,154B	2,108B	2,297B	2,286B
Net Income	661B	855B	1,567B	1,714B	1,693B
Securities Division (Excluding. Capital Sector)	-	56,338B	46,655B	34,057B	1,266B
Total Assets	-	47,386B	55,031B	64,356B	-
Income Tax Expense	-	222B	111B	185B	169B
Operating Income	-	797B	619B	865B	621B
Net Income	-	574B	372B	561B	650B
Unallocated Adjustments	247B	279B	-284B	-1,253B	143B
Total Assets	-2,191B	-2,376B	-5,762B	-6,469B	-
Income Tax Expense	-8.98B	-39.4B	-3.94B	2.54B	2.02B
Operating Income	-292B	-162B	-396B	-1,387B	-1,462B
Net Income	-287B	-149B	-376B	-1,306B	-1,383B
Capital Sector	-	859B	929B	884B	137B
Total Assets	-	9,067B	8,598B	8,900B	-
Income Tax Expense	-	82.66B	63.08B	38.17B	29.87B
Operating Income	-	290B	262B	190B	160B
Net Income	-	254B	218B	135B	116B
Other Sector	284B	179B	432B	1,367B	5.88B
Total Assets	2,425B	2,774B	4,843B	5,267B	-
Income Tax Expense	10.07B	12.53B	-3.34B	-6.63B	-6.91B
Operating Income	236B	121B	340B	1,223B	1,267B
Net Income	227B	108B	343B	1,230B	1,274B
Discontinued Operations	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
Operating Income	-	-	-	-	-
Securities Sector	23,401B	-	-	-	-
Total Assets	54,108B	-	-	-	-
Income Tax Expense	264B	-	-	-	-
Operating Income	949B	-	-	-	-
Net Income	783B	-	-	-	-

Geographical breakdown of sales (KRW)

Fiscal Period: December	2021	2022	2023	2024	2025
South Korea	15,606B	17,838B	13,864B	14,569B	17,710B
Total Assets	82,031B	92,757B	102,236B	115,578B	135,458B
Interest Expense	-474B	-964B	-1,853B	-1,977B	-2,036B
Income Tax Expense	520B	585B	719B	808B	811B
D&A	147B	150B	86.78B	83.91B	89.26B
CAPEX	-41.13B	-393B	-43.35B	-72.05B	-24.08B
Net Income	789B	1,060B	2,042B	2,306B	2,300B