Earnings Alerts

Hana Financial (086790) Earnings: Q2 Net Profit Exceeds Estimates with Strong 1.03 Trillion Won Performance

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  • Hana Financial‘s net income for Q2 2024 stood at 1.03 trillion won, surpassing the estimate of 953.61 billion won.
  • The operating profit for the same quarter reached 1.36 trillion won.
  • Total sales amounted to 19.71 trillion won.
  • Shares of Hana Financial saw a rise of 3.3%, trading at 62,900 won.
  • The volume of shares traded was 1.19 million.
  • Among analysts, there are 25 buy ratings, 3 hold ratings, and no sell ratings for Hana Financial.

A look at Hana Financial Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

In light of the Smartkarma Smart Scores, Hana Financial‘s long-term outlook appears robust. With top scores in Value and Dividend, the company demonstrates strong fundamentals and a commitment to rewarding shareholders. Additionally, a commendable Growth score signifies promising future prospects for expanding operations. While Resilience lags behind slightly, the company’s solid Momentum score indicates strong market momentum and investor interest in its offerings. Overall, Hana Financial‘s scores paint a positive picture for its future performance and potential for sustained success in the financial industry.

Founded in 2005 in compliance with the Financial Holding Companies Act, Hana Financial Group Inc. was established to provide vital management services and financing to its associated companies. The company’s strong emphasis on value, dividends, and growth reflects its dedication to creating long-term shareholder value while navigating market challenges. Despite facing some resilience concerns, Hana Financial‘s momentum score suggests it is well-positioned to capitalize on emerging opportunities and solidify its position within the competitive financial services landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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