Mirae Asset Securities Achieves Over 1 Trillion Won Net Profit for Two Consecutive Quarters, an Industry First

Consolidated Net Profit Reaches 1.9052 Trillion Won in Q2
Sets New Quarterly Record
Overseas Subsidiaries Achieve All-Time High Performance, ROE at Approximately 24.8%

Hyunju Park, Global Strategist (GSO) at Mirae Asset Group

Mirae Asset Securities announced on August 12, 2026, that its consolidated net profit for the second quarter of 2026 reached 1.9052 trillion won, marking the first time in Korea’s securities industry that net profit has surpassed 1 trillion won for two consecutive quarters.

The second-quarter net profit increased by 369.4% year-on-year and 90.2% quarter-on-quarter.

Revenue stood at 21.6314 trillion won, up 181.1% from a year earlier, while operating profit reached 2.4899 trillion won, a rise of 397.5%. Pre-tax profit was 2.5287 trillion won, up 386.1% year-on-year and 86.3% quarter-on-quarter.

The annualized return on equity (ROE) for the first half of the year reached 39.5%, and as of the end of the second quarter, the company’s equity capital stood at 16.2 trillion won.

As a result, cumulative pre-tax profit for the first half of this year, combining the results of the first and second quarters, amounted to 3.8863 trillion won, while net profit reached 2.9072 trillion won, representing increases of 349% and 338%, respectively, compared to the same period last year.

Total customer assets under management (AUM), both domestic and overseas, reached 784 trillion won, which is an increase of 124 trillion won from the previous quarter.

Pension assets also continued to grow, surpassing the 80 trillion won mark as of the end of June. In particular, the growth rate of retirement pension reserves over the past year exceeded 60%, approximately 2.5 times the market average, Mirae Asset Securities emphasized.

A company representative explained these results, stating, “The significance lies in the strong and stable profit growth in key business areas such as wealth management (WM) and pensions, brokerage, and trading, which has further solidified the foundation for recurring profit generation.”

In the domestic business, solid growth was maintained, driven by the expansion of customer assets and increased trading activity.

In the second quarter, brokerage commission income was 625.6 billion won, up 36% from the previous quarter. Income from financial product sales commissions also reached a record high of 131 billion won, surpassing the previous record of 112.5 billion won set in the first quarter of this year.

Overseas subsidiaries also achieved unprecedented performance due to steady revenue growth and investment asset valuation gains.

Pre-tax profit from overseas subsidiaries in the second quarter was approximately 609.1 billion won, with major hubs such as the United States (37%), Hong Kong (35%), London (18%), and India (5%) all delivering balanced results. The contribution of overseas subsidiaries to consolidated pre-tax profit was about 24%, up 6 percentage points from the previous quarter. The return on equity (ROE) for overseas subsidiaries surged to 24.8%.

The company explained that trading and other financial income soared 107% quarter-on-quarter to 836.9 billion won, while investment banking (IB) commission income jumped 65% to 42.8 billion won, showing an improvement across major business sectors.

Meanwhile, Mirae Asset Securities is pursuing the expansion of a next-generation wealth management ecosystem centering on its global investment platform. Starting with the launch of its global investment platform ‘MAPS (Mirae Asset Portfolio Service)’ in Hong Kong in June—which integrates both traditional and digital assets—the company plans to expand services to key markets such as the United States and Singapore.

Plans are also in place to build an inbound distribution platform enabling global investors to invest directly in Korean stocks and Mirae Asset exchange-traded funds (ETFs). Additionally, the company is expanding the digital finance ecosystem by promoting real-world asset (RWA) tokenization and token securities through synergies with ‘DigitalX’ (formerly Korbit).

A Mirae Asset Securities representative stated, “The ongoing growth and corporate value of the company have always been based on the growth of our clients’ assets—this is Mirae Asset Securities' unchanging principle. We will continue to build stronger trust with clients and develop as a global investment platform that contributes to successful asset management for our customers.”

This content was produced with the assistance of AI translation services.