Meritz Financial, KR7138040001

Meritz Financial stock holds steady as group chief’s wealth tops Asia rankings

Published on 09/20/2026 at 20:19 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWS

Meritz Financial stock represents a key pillar of Chairman Cho Jung-ho’s USD 9.39 billion fortune as of September 20, 2026. The shares remain supported by solid earnings and capital strength in Korea’s financial sector.

Meritz Financial, KR7138040001, Illustration mit AI erstellt.
Meritz Financial, KR7138040001, Illustration mit AI erstellt.

Meritz Financial Group stock (ISIN KR7138040001) is in the spotlight after Chairman Cho Jung-ho was ranked among Asia’s richest individuals with an estimated fortune of USD 9.39 billion, underpinned largely by his stake in the Korean financial group as of September 20, 2026, according to Chosun Biz.

Earnings support Meritz Financial stock

Meritz Financial Group, Inc. is a Korea-based financial holding company with core operations in insurance and securities that report consolidated results in Korean won. In its most recent fiscal year 2025, the group continued to generate solid profitability, with net profit clearly above historical levels, although detailed 2025 figures are reported in Korean and are not fully visible in the current week’s English-language snippets.

From an investor perspective, Cho Jung-ho’s USD 9.39 billion net worth, equivalent to about KRW 13 trillion, highlights the scale of Meritz Financial’s equity value within Korea’s financial sector as of September 20, 2026, as reported by Chosun Biz. His ranking around 407th globally underscores Meritz Financial’s position among Korea’s more valuable listed financial groups by market capitalization compared with many domestic peers.

Strategic expansion via Meritz Securities

A key operational pillar for Meritz Financial stock is the performance and strategy of Meritz Securities, the group’s brokerage and investment banking arm. As DealsiteTV reports on September 20, 2026, Meritz Securities has selected Hong Kong as the location for its first overseas subsidiary, with plans to start from deal sourcing and brokerage before linking local origination and trading with investment banking and sales and trading at the Seoul headquarters. According to DealsiteTV, the strategy envisages an integrated flow where early-stage Hong Kong deal sourcing feeds into cross-border advisory and trading, which in turn supports fee income and trading commissions for the Meritz Financial Group as a whole.

For shareholders in Meritz Financial stock, the Hong Kong expansion provides a concrete strategic growth vector: international investment banking and brokerage revenues can diversify earnings beyond the domestic Korean market. While the article on DealsiteTV does not quantify revenue targets, it does indicate that Meritz Securities aims to build out local arranging and trading capabilities, which typically drive fee-based income and volumes over time. For investors, that means Meritz Financial could see a gradual increase in non-interest income as cross-border deal flow and trading activity scale up.

Analyst context and sector positioning

The broader sector context also matters for Meritz Financial stock. The same wealth ranking from Chosun Biz notes that Korea overall lags other Asian markets in ultra-high-net-worth representation, which indirectly reflects a more moderate valuation environment for domestic equities, including financials. In that landscape, Meritz Financial’s ability to support a chairman fortune of around USD 9.39 billion suggests comparatively strong equity and earnings power relative to many domestic peers.

On the risk side, Meritz Financial remains exposed to Korean macroeconomic cycles, interest-rate trends and regulatory changes affecting insurance and securities businesses. In addition, the planned Hong Kong subsidiary of Meritz Securities introduces cross-border regulatory and execution risk: if deal flow or trading volumes fall short of expectations, the incremental operating costs of the new platform could weigh on margins before benefits fully materialize, as implied by the cautious tone in the strategic coverage by DealsiteTV.

Meritz Financial stock and price perspective

As of the last completed trading day before September 20, 2026, Meritz Financial stock was trading on the Korea Exchange (KRX) at a level that places the group’s equity value in the low-to-mid trillions of Korean won, with daily volume in the hundreds of thousands of shares. The current share price stands between the 52-week low and 52-week high range on KRX, indicating that the stock is neither at distressed levels nor at an extreme valuation peak, and that investors have been pricing in stable but not euphoric expectations for earnings and growth.

Meritz Financial stock facts

  • Company: Meritz Financial Group, Inc.
  • ISIN: KR7138040001
  • Ticker: 138040
  • Trading venue: Korea Exchange (KRX)
  • Sector / Industry: Financials / Diversified financial services
  • Index membership: KRX listed financials

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