KakaoBank Corp. (323410.KS), a South Korean Internet bank, reported higher profit in the fourth quarter with slightly higher sales.
In South Korea, the shares were gaining around 11.3 percent, trading at 25,700.00 won.
In the quarter, net income grew 24.6 percent to 105.21 billion Korean won from 84.46 billion won a year ago.
Operating income climbed 26.2 percent to 145.09 billion won from 114.97 billion won last year.
Sales edged up 1.6 percent to 759.04 billion won from last year's 747.28 billion won.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.