Hana Financial Group (086790)

Hana Financial Group, established in 2005, is a comprehensive financial group that owns 14 subsidiaries, including Hana Bank, Hana Securities, Hana Card, Hana Capital, and Hana Life, along with numerous grand-subsidiaries and great-grand-subsidiaries. The group provides a wide range of financial services through diversified financial businesses such as banking, securities, credit cards, capital, and insurance, coupled with an extensive global network. In particular, its key subsidiary, Hana Bank, has secured strong competitiveness in asset management, foreign exchange operations, and overseas networks through its merger with Korea Exchange Bank. Recently, it made a strategic equity investment in Dunamu, the operator of Upbit, Korea's largest virtual asset exchange, actively participating in the advancement of blockchain-based overseas remittance services and the creation of a Korean Won stablecoin ecosystem. Through this, it is building a new comprehensive asset management service model that combines traditional financial infrastructure with digital innovation technology, thereby strengthening its leading position in the digital asset market. Hana Financial Group's core competencies are its traditional strengths in foreign exchange and trade finance, along with its extensive global network. Furthermore, it is actively pursuing digital financial innovation and ESG management, earning recognition for its efforts towards sustainable growth, including achieving the highest rating in MSCI ESG evaluations. In particular, through its strategic partnership with Dunamu, it is proactively responding in the digital asset sector, including blockchain-based overseas remittances and Korean Won stablecoin development, solidifying its position as a "market designer" that creates new rules for the future financial market. Hana Financial Group's annual operating income has shown a consistent growth trend. Operating income was KRW 4,693.4 billion in 2023, and increased by approximately 3.45% year-over-year to KRW 4,855.2 billion in 2024. In 2025, it recorded an operating income of KRW 5,350.9 billion, achieving a high growth rate of approximately 10.21% year-over-year. However, quarterly operating income in 2025 showed significant volatility: KRW 1,488.9 billion in Q1, KRW 4.4 billion in Q2, KRW -15.1 billion in Q3, and KRW 3,872.7 billion in Q4. Examining Hana Financial Group's financial soundness, its debt-to-equity ratio remained high, characteristic of a financial holding company, at 1373.12% in 2023, 1363.73% in 2024, and 1377.89% in 2025. According to the provided data, ROE and current ratio are not available. Hana Financial Group is strengthening its core competencies in line with the acceleration of digital transformation and the growth of the digital asset market, including blockchain and stablecoins. Through its collaboration with Dunamu, it plans to lead digital financial innovation by advancing blockchain-based foreign currency remittance services and establishing a Korean Won stablecoin ecosystem. Furthermore, it is pursuing sustainable growth by strengthening the competitiveness of its non-banking segments and expanding internal capabilities. With the relocation to its new Cheongna headquarters in 2026, the group is seeking a new leap forward through a transition to a new corporate culture.