- Hana Financial‘s net profit for the fourth quarter was 513.50 billion won, falling short of the estimated 547.5 billion won.
- The company’s operating profit reached 601.56 billion won.
- Sales for the quarter totaled 28.50 trillion won.
- Despite missing net profit estimates, Hana Financial‘s shares rose by 2.2%, reaching 60,600 won.
- The volume of shares traded amounted to 762,556 during this period.
- Analyst recommendations include 25 “buy” ratings, 2 “hold” ratings, and no “sell” ratings.
Hana Financial on Smartkarma
Analyst coverage of Hana Financial on Smartkarma by Victor Galliano shows a positive outlook for the South Korean bank. In a recent report titled “South Korean Banks; Hana Financial (086790 KS) And Woori (316140 KS) Remain Our Key Positive Picks,” Hana Financial is highlighted for its attractive valuations and potential inclusion in a planned Value-Up index rebalancing. The report notes that Hana Financial remains a big-cap pick due to its favorable valuations, PEG ratio, and equity risk premia, positioning it well for future growth.
In another report by Victor Galliano titled “Hana Financial (086790 KS); Error of Omission from the Value-Up Index?,” the analyst discusses how despite being omitted from the Korea Value-up index, Hana Financial continues to be a top pick for its solid fundamentals. The report mentions that Hana’s exclusion was due to its low PBV ratio, but the bank’s strong core capital ratio and credit quality credentials make it a standout choice among South Korean banks. Analysts believe that Hana Financial has the potential to be included in a planned rebalancing scheduled for December, further supporting its growth prospects.
A look at Hana Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Based on the Smartkarma Smart Scores, Hana Financial is deemed to have a promising long-term outlook. With top scores in Value and Dividend factors, the company demonstrates strength in its financial health and commitment to rewarding its investors. Coupled with a respectable score in Growth, Hana Financial shows potential for future expansion and development. However, its lower scores in Resilience and Momentum highlight areas that may require attention to improve overall stability and market traction.
Established in 2005 under the Financial Holding Companies Act, Hana Financial Group Inc. was created to offer management services and financial support to its associated companies. With its stellar Value and Dividend scores reflecting strong fundamentals, Hana Financial is positioned well for sustained growth and profitability in the long run. By addressing issues related to Resilience and Momentum, the company can further solidify its position in the market and capitalize on its existing strengths.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
