Corporate Logo(source: securities.miraeasset.com)
On August 7, Mirae Asset Securities (006800) announced that its consolidated operating profit for the second quarter of 2025 is provisionally estimated at 500.4 billion won, marking an 83.1% increase from the same period last year.
The figure surpassed the market consensus of 385.1 billion won compiled by Yonhap Infomax by 29.9%.
Revenue jumped 62.9% year-on-year to 7.6949 trillion won, while net profit surged 103.2% to 405.9 billion won.
Earnings before income tax (EBIT) from continuing operations rose 89.1% to 520.2 billion won.
Equity capital reached 12.4 trillion won, up approximately 155.3 billion won from the previous quarter. The company also reported an annualized return on equity (ROE) of 10.9%, the highest in its history.
The strong performance was largely driven by robust earnings from its overseas subsidiaries.
Pre-tax profit from overseas operations came in at 106.1 billion won, maintaining the 100-billion-won level for the second consecutive quarter. Cumulative overseas pre-tax profit for the first half totaled 224.2 billion won.
“As 26% of our pre-tax profit in the first half was generated from overseas, it highlights the effectiveness of our global strategy,” the company said. “ETF-centered businesses in developed markets such as the U.S., Hong Kong, and Europe played a key role in driving this performance.”
The company also noted that its Indian subsidiary, Mirae Asset Sharekhan, is expanding beyond its brokerage-based business into the wealth management (WM) space, further strengthening its local presence.
In the WM segment, total client assets reached a record 533 trillion won, including 453.4 trillion won in domestic assets and 79.4 trillion won in overseas assets. Retirement pension assets hit a new high of 47.3 trillion won.
Mirae Asset Securities emphasized that its retirement pension balance stood at 32.1 trillion won, an increase of approximately 3 trillion won in the first half alone, making it the top performer in asset growth among 42 retirement pension providers.
The company also recorded a net gain of about 130 billion won in investment-purpose assets, reflecting valuation gains from investments in innovative companies in the U.S. and China.
In the investment banking (IB) segment, the firm ranked first in the league tables during the first half of the year, having led 10 initial public offerings (IPOs).
A company spokesperson stated, “Since entering global markets in 2007, our localization strategies tailored to each region have significantly improved the profitability of our overseas operations. Based on a ‘client-first’ philosophy, we will continue to leverage our industry-leading global network to offer superior investment opportunities.”
During its earnings briefing on the same day, the company also unveiled plans for the second half of the year, including the launch of an 'all-in-one' platform that integrates traditional and digital asset management. Mirae Asset Securities also aims to attract top talent in emerging fields such as artificial intelligence (AI) by offering a bold stock option compensation program.
To support these initiatives, the firm will establish a dedicated unit called “WM Studio,” which will integrate data-driven digital wealth management and private banking (PB) services. It also plans to significantly expand its digital PB workforce, currently around 50 employees.
*[KOSPI] Mirae Asset Securities(006800) is the largest securities firm in Korea in terms of equity capital and has a global network in 11 countries including the US, Hong Kong, Vietnam, and Indonesia. Market capitalization is 10.694 trillion won (as of August 6, 2025, closing price).
Corporate Logo(source: securities.miraeasset.com)
On August 7, Mirae Asset Securities (006800) announced that its consolidated operating profit for the second quarter of 2025 is provisionally estimated at 500.4 billion won, marking an 83.1% increase from the same period last year.
The figure surpassed the market consensus of 385.1 billion won compiled by Yonhap Infomax by 29.9%.
Revenue jumped 62.9% year-on-year to 7.6949 trillion won, while net profit surged 103.2% to 405.9 billion won.
Earnings before income tax (EBIT) from continuing operations rose 89.1% to 520.2 billion won.
Equity capital reached 12.4 trillion won, up approximately 155.3 billion won from the previous quarter. The company also reported an annualized return on equity (ROE) of 10.9%, the highest in its history.
The strong performance was largely driven by robust earnings from its overseas subsidiaries.
Pre-tax profit from overseas operations came in at 106.1 billion won, maintaining the 100-billion-won level for the second consecutive quarter. Cumulative overseas pre-tax profit for the first half totaled 224.2 billion won.
“As 26% of our pre-tax profit in the first half was generated from overseas, it highlights the effectiveness of our global strategy,” the company said. “ETF-centered businesses in developed markets such as the U.S., Hong Kong, and Europe played a key role in driving this performance.”
The company also noted that its Indian subsidiary, Mirae Asset Sharekhan, is expanding beyond its brokerage-based business into the wealth management (WM) space, further strengthening its local presence.
In the WM segment, total client assets reached a record 533 trillion won, including 453.4 trillion won in domestic assets and 79.4 trillion won in overseas assets. Retirement pension assets hit a new high of 47.3 trillion won.
Mirae Asset Securities emphasized that its retirement pension balance stood at 32.1 trillion won, an increase of approximately 3 trillion won in the first half alone, making it the top performer in asset growth among 42 retirement pension providers.
The company also recorded a net gain of about 130 billion won in investment-purpose assets, reflecting valuation gains from investments in innovative companies in the U.S. and China.
In the investment banking (IB) segment, the firm ranked first in the league tables during the first half of the year, having led 10 initial public offerings (IPOs).
A company spokesperson stated, “Since entering global markets in 2007, our localization strategies tailored to each region have significantly improved the profitability of our overseas operations. Based on a ‘client-first’ philosophy, we will continue to leverage our industry-leading global network to offer superior investment opportunities.”
During its earnings briefing on the same day, the company also unveiled plans for the second half of the year, including the launch of an 'all-in-one' platform that integrates traditional and digital asset management. Mirae Asset Securities also aims to attract top talent in emerging fields such as artificial intelligence (AI) by offering a bold stock option compensation program.
To support these initiatives, the firm will establish a dedicated unit called “WM Studio,” which will integrate data-driven digital wealth management and private banking (PB) services. It also plans to significantly expand its digital PB workforce, currently around 50 employees.
*[KOSPI] Mirae Asset Securities(006800) is the largest securities firm in Korea in terms of equity capital and has a global network in 11 countries including the US, Hong Kong, Vietnam, and Indonesia. Market capitalization is 10.694 trillion won (as of August 6, 2025, closing price).