KakaoBank카카오뱅크

KakaoBank remains profitable and growing, but its shares have fallen about 14% over the past year and trade near the bottom of their 52-week range.

As of 26 October 2026, KakaoBank, an internet-only bank, reported trailing twelve-month revenue of ₩3.17T and net income of ₩495B through H1 2026, with a net margin of 15.6%. The share price of ₩19,620 sits close to its 52-week low of ₩19,110 and well below its high of ₩29,500. Recent filings and news focus on new products such as AI savings, a KOSPI 200-linked ELB fund and a check card, plus a planned system inspection.

What stands out

• Full-year 2025 net income was ₩480B on revenue of ₩3.09T, with revenue growth of 4.8% after 18.1% in 2024.
• Trailing operating margin is 20.4% and ROE is 7.5%, versus 7.2% for 2025, so profitability is stable rather than rising sharply.
• At ₩19,620 the stock trades at 18.9 times earnings and 1.4 times book value, below the 21.5 times year-end P/E for 2025 and 38.3 times for 2023.
• The internal fair value model gives a base value of ₩8,684, bear ₩4,407 and bull ₩14,262, all below the current price; the data does not explain the model in detail, so treat it with caution.
• Net flows over the last 20 days were negative for retail (about -₩3.9B) and institutions (about -₩1.0B), with foreign investors slightly positive (about +₩5.6B); foreign ownership eased to 17.5%.

What to watch

• The 18 October core system inspection is a past event in the data; watch for any follow-up on service disruption or security in upcoming filings.
• Liabilities are 10.4 times equity and borrowings are ₩870B, so funding and leverage are worth monitoring as the balance sheet grows.
• Advance notice of earnings was filed on 2 October, so the next full results release and its margin and loan growth details are the key items to check.