Meritz Financial Q1 Net Profit Hits 680.2 Billion Won as Fire and Securities Units Grow

Meritz Financial Group disclosed on May 14 that first-quarter 2026 consolidated net profit rose 9.6% from a year earlier to 680.2 billion won. Revenue increased 98.2% to 16.3143 trillion won, while operating profit grew 18.4% to 854.8 billion won. The improvement was driven by growth across Meritz Securities’ investment banking, asset management and retail businesses, along with stable insurance profit at Meritz Fire. Meritz Securities posted first-quarter net profit of 254.3 billion won, up 35.7%, helped also by improved profitability at its capital subsidiary. Meritz Fire reported separate net profit of 466.1 billion won, up 0.8%, with insurance profit of 334.6 billion won and investment profit of 296.2 billion won. Its asset management investment return was 5.4%, and its solvency ratio stood at 240%. Source: hankyung.com