JB Financial Group announced on February 11 that it achieved a net profit of KRW 506.6 billion in 2021.
This is a 39.4% increase from the previous year, breaking the record for the largest performance since establishment.
In key management indicators, it recorded ROE of 12.8% and ROA of 0.96%, maintaining the highest level of profitability indicators in the same industry for three consecutive years.
Even in the financial environment where uncertainty has increased due to the spread of the COVID-19 variants, all of the group affiliates have achieved good results based on profitability-oriented sound management.
Jeonbuk Bank posted a net profit of KRW 182.9 billion, up 25.0% from the previous year, and Kwangju Bank recorded KRW 194.1 billion, up 21.7% from the previous year, continuing a stable net profit trend.
JB Woori Capital posted a net profit of KRW 170.5 billion, up 65.3% from the previous year. JB Asset Management also recorded a net profit of KRW 6.3 billion, a significant growth compared to the previous year.
Phnom Penh Commercial Bank of Cambodia (PPCBank), the group's grandchild, also recorded a net profit of 20.3 billion won.
