DGB Financial Group Overview and Financial Performance Insights

DGB Financial Group is a leading financial services company with a strong presence in the Korean market. Established in 1998, the company has grown significantly over the years.

DGB Financial Group has a diverse range of financial services, including banking, securities, and insurance. This provides customers with a one-stop-shop for all their financial needs.

The company has a significant market share in Korea, with a large network of branches and ATMs. This makes it easily accessible to customers across the country.

DGB Financial Group's financial performance has been impressive, with steady growth in revenue and profits over the years.

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DGB Financial Group's financial performance has been steadily increasing over the years, with sales reaching 2.894 billion in 2023, up from 2.980 billion in 2022.

The company's banking sales have been a significant contributor to its overall growth, increasing from 1.384 billion in 2019 to 2.894 billion in 2023.

In contrast, the credit sector has shown a more modest growth, with sales increasing from 68.93 billion in 2019 to 225 billion in 2023.

Here is a breakdown of the company's sales by sector:

The financial performance of DGB Financial Group Co., Ltd. is a great example of how a company's sales can fluctuate across different sectors. In 2020, the company's securities investment sales reached a high of 394B.

Banking was the largest sector for DGB Financial Group Co., Ltd. in 2021, with sales of 1,634B. This was a significant increase from 2019, when banking sales were 1,384B.

The company's asset management sales have been steadily increasing over the years, from 11.33B in 2019 to 17.94B in 2022.

In contrast, the company's life insurance sales declined from 1,057B in 2019 to 530B in 2022.

Here's a breakdown of the company's sales by sector over the years:

Valuation is a crucial aspect of financial performance, and DGB Financial Group Co., Ltd. has some notable metrics.

The company's market capitalization has fluctuated between 934M and 147B USD.

Here's a breakdown of the company's valuation metrics:

DGB Financial Group Co., Ltd. also has an enterprise value that ranges from 934M to 147B USD.

The company's free-float is a significant 85.1%, indicating a relatively high level of liquidity.

The yield for 2024 is 6.4%, while the yield for 2025 is 7.64%.

The EV/Sales ratio for 2024 is 0.64x, and the EV/Sales ratio for 2025 is 0.63x.

For more insights, see: Ally Financial Announces Second Quarter 2024 Financial Results

In our 2020-2021 Sustainability Report, we're committed to transparency and accountability. We're part of a sustainability or corporate (social) responsibility report, which means we're taking our social and environmental responsibilities seriously.

Our CEO continues to support the UN Global Compact and its ten principles. This is a big deal, as it shows our commitment to upholding human rights and fighting corruption.

We've made significant strides in our labor practices, with clear policies in place to ensure fair treatment and safe working conditions for all employees. Our environment is also a top priority, with initiatives to reduce our carbon footprint and promote sustainable practices.

We've made progress in measuring our outcomes, which is essential for tracking our impact and making adjustments as needed. Our report includes a measurement of outcomes, giving us a clear picture of where we stand.

Our sustainability report covers a range of Sustainable Development Goals (SDGs), including SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all, and SDG 12: Ensure sustainable consumption and production patterns.

For more insights, see: National Social Security Fund (Tanzania)

Here are the SDGs we're addressing through our COP:

Our report also describes our goals and indicators set by our company with respect to one or more SDGs, including SDG 8 and SDG 12. This shows our commitment to transparency and accountability.

Here are the ways in which our company's priorities lie with respect to one or more SDGs:

DGB Financial Group has a diverse leadership team. The company is led by Byung-Woo Hwang, who serves as the Chief Executive Officer.

The management team includes several directors and board members, with Seong-Jin Park serving as the Compliance Officer at the age of 56. Kang-Rae Cho, a 69-year-old director, has been with the company since 2022.

Here is a brief overview of the leadership team:

Managers play a crucial role in shaping the direction of an organization. The DGB Financial Group Co., Ltd. has a diverse team of managers with varying titles and ages.

Byung-Woo Hwang is the CEO, responsible for making key decisions and overseeing the company's overall strategy. He has been in this position since February 29, 2024.

A compliance officer is essential for maintaining the integrity of an organization. Seong-Jin Park, aged 56, serves as the Compliance Officer, ensuring that all operations are conducted in accordance with relevant laws and regulations.

Sang-Ho Woo is the Investor Relations Contact, responsible for managing the company's relationships with investors. Chul-Ho Kim, aged 60, holds the position of Comptroller/Controller/Auditor, overseeing the company's financial operations and ensuring the accuracy of its financial statements.

Here is a list of the managers and their roles:

The Leadership Team of DGB Financial Group Co., Ltd. is comprised of experienced professionals who have been appointed to various positions within the company.

Byung-Woo Hwang is the Chief Executive Officer, having taken on the role on February 29, 2024. He also holds the position of Chairman, which he has been in since February 29, 2024.

The company's leadership team includes several Executive Vice Presidents, each with their own area of expertise. Young-Seok Kim, for example, has been serving as Executive VP & CFO for five years, while Eun-Mi Gu has been Executive VP & Group Compliance Officer for three years.

A notable aspect of the Leadership Team is the presence of Managing Directors, such as Yoon-Kook Kim, who has been in the role for 5.9 years.

Here is a list of the Leadership Team members with their positions and tenure:

The ages of the Leadership Team members vary, with some choosing to remain private. However, it is worth noting that Seong-Jin Park, the Compliance Officer, is 56 years old.

DGB Financial Group has reported its earnings results for the third quarter and nine months ended September 30, 2024, with a net income decline.

The company's sales also declined in Q3, according to a report by MT on October 29, 2024.

DGB Financial Group's net attributable income and sales declined in Q2, as stated in a report by MT on July 30, 2024.

IM Bank is expected to receive KRW 100 billion in funding from DGB Financial Group Co., Ltd., as announced on June 25, 2024.

DGB Financial Group's profit and sales were lower in Q1, as reported by MT on May 3, 2024.

Here's a summary of DGB Financial Group's recent earnings results:

The company's equity buyback plan, announced on May 12, 2023, has expired with 2,753,000 shares, representing 1.63% of the company's shares, valued at KRW 19,978.86 million.