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Leading banks in South Korea in 2023, by return on equity

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Source

Release date

June 2024

Region

South Korea

Survey time period

December 2023

Supplementary notes

Return on equity (ROE) measures the profitability of a company in relation to shareholder's equity and is calculated by dividing the net income by shareholder's equity.

Includes commercial banks (KB Kookmin Bank, Shinhan Bank, Woori Bank, Hana Bank, Standard Chartered Bank Korea, Citibank Korea), regional banks (Kyongnam Bank, Kwangju Bank, Daegu Bank, Busan Bank, Jeonbuk Bank, Jeju Bank), digital banks (K Bank, Kakao Bank), and specialized banks established by the government (Nonghyup Bank, Suhyup Bank, Industrial Bank of Korea, Korea Development Bank, Export-Import Bank of Korea). Foreign bank branches were excluded. 

The release date used here is the access date.

Citation formats

Leading banks South Korea 2023, by ROE

Published by K. Scholle, Jun 18, 2024

In 2023, the return on equity (ROE) ratio of Hana Bank was about percent, the highest among all domestic banks in South Korea. Kwangju Bank and Jeonbuk Bank followed with about and percent, respectively.

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