Hana Financial Group Q3 net income up 11% to $951.1 mil.

Hana Financial Group, one of Korea's major banking groups, on Friday reported a third-quarter net profit of 1.26 trillion won ($951.1 million), up 11 percent from a year earlier. The group, which includes its flagship Hana Bank, said in a regulatory filing that it posted 1.63 trillion won in operating profit for the quarter, compared with 1.47 trillion won a year ago. Revenue also shot up 83.6 percent to 19.99 trillion won. The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 1.2 trillion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.