v3.26.1
Consolidated Statements Of Cash Flows
$ in Thousands, ₩ in Millions
 12 Months Ended
Dec. 31, 2025
KRW (₩)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
KRW (₩)
Dec. 31, 2023
KRW (₩)
Cash flows from operating activities        
Net income ₩ 3,227,508 $ 2,234,266 ₩ 3,171,469 ₩ 2,626,894
Adjustments to net income:        
Income tax expense 862,658 597,180 1,051,378 890,559
Interest income (21,188,743) (14,668,058) (22,013,341) (20,641,554)
Interest expense 12,157,974 8,416,444 13,127,005 11,899,014
Dividend income (484,465) (335,374) (310,320) (240,293)
Adjustments to net income (sub-total) (8,652,576) (5,989,808) (8,145,278) (8,092,274)
Additions of expenses not involving cash outflows:        
Insurance service expense 938,626 649,771 0 0
Other insurance finance expense 378,535 262,044 0 0
Loss on financial assets at FVTOCI 30,357 21,015 4,611 46,335
Impairment loss due to credit loss 2,102,814 1,455,688 1,716,295 1,894,916
Loss on other provisions 132,442 91,684 41,938 99,444
Retirement benefit 187,514 129,808 129,029 113,435
Depreciation and amortization 1,250,606 865,741 1,163,799 993,176
Net loss on foreign currency translation 0 0 1,177,859 366,026
Loss on derivatives (designated for hedge) 624,781 432,509 24,252 35,583
Loss on fair value hedge 92,138 63,783 64,571 72,601
Loss on valuation of investments in joint ventures and associates 24,035 16,638 19,911 22,710
Loss on disposal of investments in joint ventures and associates 1,874 1,297 532 588
Loss on disposal of premises and equipment, intangible assets and other assets 3,475 2,406 2,233 1,873
Impairment loss on premises and equipment, intangible assets and other assets 86,354 59,779 3,627 129
Other loss 0 0 10,887 0
Other operating expenses 1,015 703 9,509 0
Additions of expenses not involving cash outflows (sub-total) 5,854,566 4,052,866 4,369,053 3,646,816
Deductions of income not involving cash inflows:        
Insurance income (1,042,497) (721,676) 0 0
Other insurance finance income (405) (280) 0 0
Gain on financial assets at FVTPL (924,792) (640,194) (1,299,919) (571,179)
Gain on financial assets at FVTOCI (160,977) (111,437) (101,231) (8,694)
Gain on other provisions (691) (478) (10,026) (19,781)
Gain on foreign currency translation (784,525) (543,093) 0 0
Gain on derivatives (designated for hedge) (251,270) (173,943) (192,000) (114,875)
Gain on fair value hedge (16,141) (11,174) (25,469) (8,986)
Gain on valuation of investments in joint ventures and associates (122,695) (84,936) (96,176) (132,541)
Gain on disposal of investments in joint ventures and associates (7,507) (5,197) (19,642) (33,123)
Gain on disposal of premises and equipment, intangible assets and other assets (45,823) (31,721) (7,064) (5,267)
Reversal of impairment loss on premises and equipment, intangible assets and other assets (971) (672) (147) (230)
Bargain purchase gain (581,010) (402,208) 0 0
Deductions of income not involving cash inflows (sub-total) (3,939,304) (2,727,009) (1,751,674) (894,676)
Changes in operating assets and liabilities:        
Reinsurance contract assets 33,600 23,260 0 0
Financial instruments at FVTPL 988,108 684,025 1,594,646 (1,715,646)
Loans and other financial assets at amortized cost (8,369,230) (5,793,659) (21,703,969) (18,598,117)
Other assets (680,841) (471,318) (1,254,513) (1,264,071)
Insurance contract liabilities (130,431) (90,292) 0 0
Reinsurance contract liabilities (32,097) (22,219) 0 0
Investment contract liabilities (104,735) (72,504) 0 0
Deposits due to customers 13,839,807 9,580,705 3,411,535 15,176,465
Provisions 1,666 1,153 (203,770) 136,521
Net defined benefit liability 14,200 9,830 (120,782) (172,759)
Other financial liabilities 3,640,406 2,520,097 4,806,822 2,225,382
Other liabilities 24,815 17,177 (9,173) 95,559
Changes in operating assets and liabilities (sub-total) 9,225,268 6,386,255 (13,479,204) (4,116,666)
Cash received (paid) from operating activities:        
Interest income received 20,564,072 14,235,625 22,304,745 20,416,107
Interest expense paid (12,410,911) (8,591,541) (12,483,982) (10,626,911)
Dividends received 482,764 334,197 310,341 202,257
Income tax paid (708,996) (490,808) (424,770) (1,539,605)
Cash received from operating activities (sub-total) 7,926,929 5,487,473 9,706,334 8,451,848
Net cash inflow(outflow) from operating activities 13,642,391 9,444,043 (6,129,300) 1,621,942
Cash flows from investing activities:        
Net cash in-flows(out-flows) from hedging activities (34,199) (23,675) 0 0
Net cash in-flows(out-flows) from obtaining control (778,468) (538,900) 2,008 (209,643)
Net cash out-flows from losing control 0 0 0 (464)
Disposal of financial instruments at FVTPL 19,103,867 13,224,788 11,659,750 10,487,513
Acquisition of financial instruments at FVTPL (20,087,654) (13,905,821) (11,111,809) (12,167,823)
Acquisition of financial assets at FVTOCI (43,073,556) (29,817,975) (31,718,677) (24,211,531)
Disposal of financial assets at FVTOCI 35,153,473 24,335,241 26,921,313 20,648,897
Redemption of securities at amortized cost 5,900,990 4,085,002 7,634,677 8,727,124
Acquisition of securities at amortized cost (5,312,962) (3,677,936) (2,586,171) (4,244,256)
Cash outflows from changes in subsidiaries (120,121) (83,155) (674,625) (619,726)
Disposal of investments in joint ventures and associates 431,389 298,632 1,253,301 101,051
Acquisition of investments in joint ventures and associates (757,496) (524,382) (979,480) (310,239)
Disposal of investment properties 4,750 3,288 64,926 0
Acquisition of investment properties (736) (510) 0 (99,234)
Disposal of premises and equipment 37,626 26,047 10,730 19,001
Acquisition of premises and equipment (325,952) (225,643) (221,856) (164,696)
Disposal of intangible assets 3,344 2,315 4,596 2,513
Acquisition of intangible assets (180,481) (124,939) (190,126) (228,503)
Disposal of assets held for sale 115,094 79,675 23,909 7,156
Net increase(decrease) of other assets 40,489 28,029 (126,765) 8,719
Net cash outflow from investing activities (9,880,603) (6,839,919) (34,299) (2,254,141)
Cash flows from financing activities:        
Net cash in-flows(out-flows) from hedging activities 17,231 11,928 (25,442) 23,394
Net increase(decrease) in borrowings 4,392,369 3,040,649 (3,011,120) 2,332,376
Issuance of debentures 37,210,706 25,759,376 41,067,565 31,101,841
Redemption of debentures (31,611,225) (21,883,095) (35,473,345) (34,329,491)
Redemption of lease liabilities (251,559) (174,144) (238,770) (160,673)
Net increase(decrease) of other liabilities (41) (28) (17,690) 118
Acquisition of treasury stocks (150,000) (103,839) (136,699) (158,165)
Disposal of treasury stocks 0 0 4,834 23,118
Dividends paid (927,296) (641,927) (878,330) (978,376)
Issuance of hybrid securities 797,841 552,311 1,954,820 798,007
Redemption of hybrid securities (1,541,088) (1,066,829) (1,726,936) (1,100,000)
Dividends paid to hybrid securities (250,188) (173,194) (234,931) (226,785)
Dividends paid to non-controlling interest (1,414) (979) (3,829) (11,647)
Changes in non-controlling interests 0 0 (41,375) (180,514)
Net increase in non-controlling equity liabilities 0 0 6,589 6,620
Net cash inflow(outflow) from financing activities 7,685,336 5,320,229 1,245,341 (2,860,177)
Effects of exchange rate changes on cash and cash equivalents (228,568) (158,228) 1,642,763 (170,154)
Net increase (decrease) in cash and cash equivalents 11,218,556 7,766,125 (3,275,495) (3,662,530)
Cash and cash equivalents, beginning of the period 27,281,123 18,885,551 30,556,618 34,219,148
Cash and cash equivalents, end of the period ₩ 38,499,679 $ 26,651,676 ₩ 27,281,123 ₩ 30,556,618