BNK Financial Group Inc

BNK Financial Group maintains a capital structure characterized by high leverage typical of the banking industry, with total liabilities of 150.3 trillion KRW against total assets of 161.1 trillion KRW. The debt-to-equity ratio stands at 2.59, reflecting the asset-liability management model inherent to banking operations. Liquidity risk is assessed as medium, with a key flag noting that net cash is negative after subtracting total debt. Operating cash flow is negative at -2.02 trillion KRW, while free cash flow remains positive at 608.3 billion KRW, indicating that capital expenditures of 174.7 billion KRW are well within the scope of operating inflows despite the negative operating cash flow line item.

Profitability metrics show a return on equity (ROE) of 7.97% and a return on assets (ROA) of 0.53%. The company generated net income of 815.0 billion KRW on revenue of 2.95 trillion KRW, resulting in a net margin of approximately 27.6%. Without cohort median data provided for direct comparison, these returns must be evaluated against general banking industry standards, where ROE levels near 8% are often considered moderate. The valuation snapshot indicates a price-to-earnings ratio of 6.51 and a price-to-book ratio of 0.52, suggesting the market values the equity at a significant discount to its book value.

Analysts project 28% upside to a mean price target of 23,057 KRW, reflecting strong market confidence in future performance.

Net income grew 11.9% year-over-year to 728.5 billion KRW in FY2025, demonstrating resilient earnings generation.

Free cash flow increased 3.4% year-over-year to 608.3 billion KRW in FY2026, supporting liquidity and dividend capacity.

Debt-to-equity ratio of 2.59 places the company in the bottom quartile, signaling significantly higher leverage risk than peers.

Cash conversion of -2.35 ranks in the bottom quartile, indicating poor ability to translate earnings into cash.

Long-term debt surged to 27.9 trillion KRW in FY2026, raising concerns about solvency and interest coverage obligations.

Revenue declined 0.8% year-over-year in FY2026, suggesting stagnation in top-line growth amidst competitive pressures.

Medium liquidity risk flags potential challenges in meeting short-term obligations, warranting caution for investors.

Revenue KRW 762.76B, +3,7% YoY; Net income +26,9% YoY.

• ▍Revenue KRW 762.76B, +3,7% YoY
• ▍Net income +26,9% YoY
• ▍Free cash flow −5,6% YoY
• ▍Net margin 27.7%

Revenue KRW 768.63B, +2,6% YoY; Net income +92,0% YoY.

• ▍Revenue KRW 768.63B, +2,6% YoY
• ▍Net income +92,0% YoY
• ▍Free cash flow −76,5% YoY
• ▍Net margin 5.9%

Revenue KRW 740.52B, −1,2% YoY; Net income +38,3% YoY.

• ▍Revenue KRW 740.52B, −1,2% YoY
• ▍Net income +38,3% YoY
• ▍Free cash flow +63,0% YoY
• ▍Net margin 39.7%

Revenue KRW 708.47B, −4,1% YoY; Net income +27,4% YoY.

• ▍Revenue KRW 708.47B, −4,1% YoY
• ▍Net income +27,4% YoY
• ▍Free cash flow +126,3% YoY
• ▍Net margin 43.6%

Revenue KRW 735.45B; Net margin 22.6%.

• ▍Revenue KRW 735.45B
• ▍Net margin 22.6%

Revenue KRW 748.84B; Net margin 3.1%.

• ▍Revenue KRW 748.84B
• ▍Net margin 3.1%

Revenue KRW 749.39B; Net margin 28.4%.

• ▍Revenue KRW 749.39B
• ▍Net margin 28.4%

Revenue KRW 739.04B; Net margin 32.9%.

• ▍Revenue KRW 739.04B
• ▍Net margin 32.9%

Revenue KRW 2.95T, −0,8% YoY; Net income +11,9% YoY.

• ▍Revenue KRW 2.95T, −0,8% YoY
• ▍Net income +11,9% YoY
• ▍Free cash flow +3,4% YoY
• ▍Net margin 27.6%

Revenue KRW 2.98T, +2,5% YoY; Net income +13,9% YoY.

• ▍Revenue KRW 2.98T, +2,5% YoY
• ▍Net income +13,9% YoY
• ▍Free cash flow +27,6% YoY
• ▍Net margin 24.5%

Revenue KRW 2.91T, −0,5% YoY; Net income −18,5% YoY.

• ▍Revenue KRW 2.91T, −0,5% YoY
• ▍Net income −18,5% YoY
• ▍Free cash flow −29,8% YoY
• ▍Net margin 22.0%

Revenue KRW 2.92T, +13,6% YoY; Net income −0,8% YoY.

• ▍Revenue KRW 2.92T, +13,6% YoY
• ▍Net income −0,8% YoY
• ▍Free cash flow −10,2% YoY
• ▍Net margin 26.9%