NH Investment & Securities has issued a report on KakaoBank, setting a target price of 27,000 KRW, indicating a potential upside of 15.9%. The report suggests that KakaoBank’s Q1 2025 net profit is expected to exceed market expectations at 137.4 billion KRW, demonstrating its strong deposit competitiveness. However, the report also notes that a clear increase in fees/platforms is needed for deposit competitiveness to lead to profit growth.
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Auto-posted at: 2025-05-08 09:04:33