Samsung Card (029780)

Samsung Card (029780) is Korea’s only large listed pure-play credit-card company, part of the Samsung group. In ETFpedia it is the consumer-finance yield engine of the Korea Financials & Holdings High Dividend concept: a ₩2,800 fiscal-2025 dividend at a 5.3% disclosed yield, even as Q1 2026 net profit fell 15.3% to ₩156.3 billion on higher funding and credit costs.

Ticker029780
ExchangeKOSPI
SectorFinancials · Consumer Finance (Credit Cards)
CountrySouth Korea
Held by ETFDAISHIN343 금융&지주고배당 ETF (0189Z0)
WikidataQ624076
Last updated2026-06-15
Financial snapshotas of2026-06-10

Next event:Next report · H1 2026 반기보고서 (semi-annual report), estimated · Estimated from Korea's 45-day semi-annual filing deadline; not company-confirmed. Samsung Card customarily discloses provisional quarterly results in late July. (source)

Latest reported quarter:Q1 2026 (ended Mar 31, 2026) (reported2026-04-24)

Samsung Card reported provisional Q1 2026 revenue of ₩1.286 trillion, up 20.5% year over year, but operating profit fell 14.3% to ₩210 billion and net profit fell 15.3% to ₩156.3 billion as funding and credit costs rose; total transaction volume grew 9.3% to ₩47.33 trillion and the one-month-plus delinquency rate stood at 0.92%.

Revenue (provisional)₩1,285.8bn+20.5%YoY
Operating profit₩210.0bn-14.3%YoY
Net profit₩156.3bn-15.3%YoY
Total transaction volume₩47.33T+9.3%YoY
Delinquency rate (1 month+)0.92%

Primary source

Revenue by segment

Credit-card purchases (Q1 2026 volume)₩42.46T+9.7% YoY
Card loans (Q1 2026 volume)₩4.68T+6.9% YoY

Recent & upcoming events

  • · Q1 2026 provisional results: profit down, volumes up.Net profit fell 15.3% to ₩156.3 billion on higher funding and credit costs even as revenue rose 20.5% to ₩1.286 trillion and total transaction volume grew 9.3% to ₩47.33 trillion. (source)
  • · Constituent universe of the KRX-Akros high-dividend index goes investable.The DAISHIN343 금융&지주고배당 ETF (0189Z0), tracking the KRX-Akros Financial & Holdings High Dividend Index of high-yield, low-PBR Korean financials and holding companies, listed on KRX. (source)

Q1 2026 figures are the provisional (잠정) consolidated disclosure; audited detail follows in the DART 분기보고서. The fiscal 2025 dividend (₩2,800/share, 5.3% 시가배당률) is from the 결산배당 disclosure resolved Jan 22, 2026.

Figures are as of 2026-06-10 and reflect the most recent public filings/IR releases; they are updated after each earnings report.

What does Samsung Card do?

Samsung Card runs one of Korea’s largest credit-card franchises. The business is payment volume first: in Q1 2026 it processed ₩47.33 trillion of total transaction volume, up 9.3% year over year, split between ₩42.46 trillion of credit-card purchases (+9.7%) and ₩4.68 trillion of card loans (+6.9%) (Money Today; 1conomy News). On top of merchant fees it earns interest on installment finance and card loans, and it is pushing platform, data, and AI services as the next earnings layer. Unlike the bank holding groups in its concept, it carries no deposit-taking subsidiary, which keeps the balance sheet simpler and the capital free to be paid out.

Why is Samsung Card a Korea financials high-dividend name?

Because the dividend, not growth, is the investment case the market prices it on. For fiscal 2025 the board resolved a ₩2,800 per-share cash dividend on January 22, 2026, a disclosed 5.3% yield (시가배당률) and about ₩298.8 billion in total payout, sustained by a policy of holding or raising the per-share dividend every year (MoneyS). That profile is exactly what Korea’s 2026 dividend separate-taxation regime rewards, and it is why the stock sits in the high-dividend financials universe that became directly investable when the DAISHIN343 ETF listed on June 9, 2026. The fund’s manager described the logic of the basket:

“Financial stocks and holding companies are emerging as the core sectors of the Korean market’s value-up, on the back of high capital efficiency and aggressive shareholder-return policies.” (translated)

— Lee Jae-woo, Head of Marketing, Daishin Asset Management (Money Today, Jun 9, 2026)

What did Samsung Card report most recently?

In Q1 2026 (quarter ended March 31, 2026), provisional consolidated revenue was ₩1.286 trillion, up 20.5% year over year, but profitability moved the other way: operating profit fell 14.3% to ₩210 billion and net profit fell 15.3% to ₩156.3 billion, as interest expense and credit provisions rose faster than volumes (Money Today). Asset quality stayed contained, with the one-month-plus delinquency rate at 0.92%, and the company said it would manage external risks preemptively while developing platform, data, and AI businesses (1conomy News). The tension to watch is simple: volumes are growing near double digits while margins absorb the funding-cost cycle.

What are the risks for Samsung Card?

  • Funding-cost cycle. A card company borrows in the bond market and lends to consumers; elevated rates compress margins, which is what cut Q1 2026 profit by 15.3% (Money Today).
  • Household credit quality. The 0.92% delinquency rate is contained but rises in consumer downturns, and provisioning eats directly into the dividend base (1conomy News).
  • Fee regulation. Korean merchant-fee rates are administratively reviewed and have been cut repeatedly, a standing political risk to the core revenue line.
  • Payout depends on profit. The 40%-plus payout that cushions the yield (a ₩2,800 per-share dividend for fiscal 2025) ultimately rests on earnings; a multi-year profit decline would pressure the per-share dividend the company has so far held or raised (MoneyS).

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Frequently asked questions about Samsung Card

What does Samsung Card do?

Samsung Card is Korea's only large listed pure-play credit-card company, part of the Samsung group. It earns from credit-card purchase processing, installment finance, and card loans: in Q1 2026 it handled ₩47.33 trillion of total transaction volume, of which ₩42.46 trillion was credit-card purchases and ₩4.68 trillion card loans (Money Today; 1conomy News).

What did Samsung Card report in Q1 2026?

Provisional consolidated revenue of ₩1.286 trillion, up 20.5% year over year, but operating profit of ₩210 billion (-14.3%) and net profit of ₩156.3 billion (-15.3%), as funding costs and credit provisions rose faster than volumes. The one-month-plus delinquency rate stood at 0.92% (Money Today; 1conomy News).

Why is Samsung Card considered a high-dividend stock?

Because it pays out an unusually large share of profit for a Korean large cap. For fiscal 2025 its board resolved a ₩2,800 per-share cash dividend on January 22, 2026, a disclosed 5.3% yield (시가배당률) and roughly ₩298.8 billion in total payout (MoneyS). It has sustained a 40%-plus payout ratio by holding or raising the per-share dividend each year, helped by a capital-rich balance sheet with no banking subsidiary to fund.

When does Samsung Card report its next earnings?

Korean issuers do not pre-announce earnings dates. Samsung Card customarily discloses provisional quarterly results in late July for the second quarter, and the regulatory H1 2026 반기보고서 (semi-annual report) is due around August 14, 2026 under Korea's 45-day deadline; both dates are estimated. It last disclosed Q1 2026 provisional results on April 24, 2026 (Money Today).

Sources & references

  1. 삼성카드, 1분기 당기순이익 1563억… 전년比 15.3% 감소 · Money Today (머니투데이), 2026-04-24
  2. 삼성카드, 1Q 영업이익 2100억원…전년比 14.3%↓ · 1conomy News (1코노미뉴스), 2026-04-24
  3. 삼성카드, 2025 사업연도 결산배당 주당 2,800원 결의 (시가배당률 5.3%·총 2,988억원) — 2026-01-22 현금·현물배당결정 공시 · MoneyS (머니S), 2026-01-22
  4. 삼성카드 (corporate site) · Samsung Card
  5. 대신자산운용 '금융&지주 고배당 ETF' 상장…월분배 연 4.5% 기대 · Money Today (머니투데이), 2026-06-09