In 2024, the net income of Kakao Bank amounted to around *** billion South Korean won, representing an increase from the previous year. The company, founded in January 2016, made losses in its first years, but began to turn a profit in 2019 with a net income of approximately **** billion South Korean won. As one of the first digital banks in South Korea, Kakao Bank attracted over ** million customers within just two years after its banking service went public in July 2017. The bank benefited in part from growing internet and mobile banking users in South Korea, especially after the outbreak of coronavirus (COVID-19) in 2020.
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DART. (April 11, 2025). Net income of Kakao Bank from 2016 to 2024 (in billion South Korean won) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1227676/kakao-bank-net-profit/
DART. "Net income of Kakao Bank from 2016 to 2024 (in billion South Korean won)." Chart. April 11, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1227676/kakao-bank-net-profit/
DART. (2025). Net income of Kakao Bank from 2016 to 2024 (in billion South Korean won). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1227676/kakao-bank-net-profit/
DART. "Net Income of Kakao Bank from 2016 to 2024 (in Billion South Korean Won)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 11 Apr 2025, /statistics/1227676/kakao-bank-net-profit/
DART, Net income of Kakao Bank from 2016 to 2024 (in billion South Korean won) ÌÇÐÄÆÆ½â°æ, /statistics/1227676/kakao-bank-net-profit/ (last visited July 26, 2026)
Net income of Kakao Bank from 2016 to 2024 (in billion South Korean won) [Graph], DART, April 11, 2025. [Online]. Available: /statistics/1227676/kakao-bank-net-profit/