INDUSTRIAL BANK OF KOREA
024110KOSPIFinance
INDUSTRIAL BANK OF KOREA (024110, KOSPI) — reported financials from Korean regulatory filings.
Broker research: target prices and ratings
10 reports from 8 firms between 2026-10-07 and 2026-10-27. Taking the latest stated target from each of 8 firms, target prices range from KRW 25,000 to KRW 28,500; the median is KRW 27,000.
Newest first. Ratings are as each firm stated them, translated into English. "Not stated" means the report carried no value — it is not a zero.
| Date | Target price | Rating | Firm | Analyst |
|---|---|---|---|---|
| KRW 27,000 | Buy | iM Securities | Not stated | |
| KRW 28,000 | Buy | Kiwoom Securities | Not stated | |
| KRW 26,000 | Buy | SK Securities | Not stated | |
| KRW 25,000 | Buy | IBK Investment & Securities | Not stated | |
| KRW 25,500 | Buy | Yuanta Securities Korea | Not stated | |
| KRW 28,500 | Buy | Hana Securities | Not stated | |
| KRW 27,000 | Buy | Kyobo Securities | Not stated | |
| KRW 28,500 | Buy | Hanwha Investment & Securities | Not stated | |
| KRW 28,500 | Buy | Hana Securities | Not stated | |
| KRW 26,000 | Buy | SK Securities | Not stated |
Report titles are not shown: the source lists them in Korean only, and we do not publish our own translation of another firm's headline.
This is a record of what brokers published, not investment advice. It is a sample of broker research — the reports our collection picked up, not every report written on this company — and the range and median describe that sample, not a market consensus. These are statistics, not a verdict.
Source: broker reports collected by SeoulMarkets from Naver Finance's research listing and from brokers' own websites, 2026-06-29 to 2026-10-28.
Reported financials
Figures are as filed with the Korean regulator, in billions of won (KRW bn). We do not convert to dollars — an exchange rate would be a number we made up, not one the company reported.
Revenue is not shown for this company: it files its top line under headings such as interest, insurance or operating income rather than a revenue line, and our tape does not read those. It is not measured here — not zero. Margins built on revenue are left out for the same reason, and years with no figures in our tape are not listed.
| Year | Operating profit | Net profit | Assets | Equity | Basis |
|---|---|---|---|---|---|
| 2023 | 3,432 | 2,675 | 448,427 | 31,817 | Consolidated |
| 2024 | 3,594 | 2,654 | 472,220 | 34,231 | Consolidated |
| 2025 | 3,656 | 2,719 | 500,693 | 36,856 | Consolidated |
Ratios, year by year
Each ratio is computed inside its own year. A dash means the input was missing or the denominator was zero — not that the value is zero.
| Year | Equity / assets | Return on equity |
|---|---|---|
| 2023 | 7.1% | 8.4% |
| 2024 | 7.2% | 7.8% |
| 2025 | 7.4% | 7.4% |
Net profit was positive in the 3 most recent consecutive years on file — every year we hold. Counted from the 3 years in which the company filed a net-profit line — a year with no filing is skipped, not read as a loss.
These are arithmetic, not judgements. We do not say whether a margin is good or bad, and we do not rank companies against each other.
Market size
| Market capitalisation | KRW 16,427bn |
|---|---|
| Close price | KRW 20,600 |
| Listed shares | 797,425,869 |
| Price as of | 20260909 |
Market capitalisation is what buyers are betting the company is worth. It is not something the company produced, so we never present it as output or productivity.
When it was founded
The incorporation date on the company's registration record, as filed with Korea's Financial Supervisory Service. This is when the company was legally formed — not when it first listed, and not when the business it grew out of began trading.
| Incorporated |
|---|
Workforce — a side measure, not the main one
| Employees (2025) | 13,507 |
|---|---|
| Women | 7,936 (58.8%) |
| Average tenure | 15.5 years |
| Annual pay, men | KRW 111,000,000 |
| Annual pay, women | KRW 82,000,000 |
| Pay ratio, women to men | 73.9% |
Other companies in Finance
97 listed companies file under this classification. Showing 12.