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Samsung Card Co. Ltd.

Samsung Card Co., Ltd. provides financial services in South Korea. It operates through Credit card, Installment and leasing, and Other operating segment. The company offers card payment services, such as credit card, debit card, and pre-paid cards; short-term and long-term card loans; and Installment services for electronics, consumer durables, industrial goods, and automobiles; and auto leasing, flat leasing, and rental services. It is also involved in providing general loan, debt cancellation and debt suspension, SMS notification, fraud protection, and asset-backed securitization services; Insurance sales agents; and services for shopping, travel, and wedding. The company was formerly known as Samsung Credit Card Co., Ltd. and changed its name to Samsung Card Co., Ltd. in July 1995. The company was incorporated in 1983 and is headquartered in Seoul, South Korea. Samsung Card Co., Ltd. is a subsidiary of Samsung Life Insurance Co., Ltd..

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Flashlight Capital Offers to Buy Samsung's 20.6% S-1 Stake

Flashlight Capital Partners has offered to acquire the entire 20.6% stake in S-1 Corporation held by five Samsung Group affiliates for KRW 906.6 billion, or KRW 116,000 per share, a 45% premium to the current market price. The offer, made to Samsung SDI, Samsung Life, Samsung Fire & Marine, Samsung Securities, and Samsung Card, gives the boards until September 23 to respond. Flashlight Capital argues that none of the affiliates has a strategic reason to retain the stake, noting that the proceeds would be equivalent to about 10% of Samsung Life's and 13% of Samsung Card's net income. The activist investor, led by former Carlyle Group Korea head Sanghyun Lee, criticized S-1's board for a hollow response to its June 23 proposals and said it will keep all options open.
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Samsung Card Net Income Rises to KRW 154.2 Billion in Q2

Samsung Card reported an increase in net income for the second quarter of 2026 despite lower sales. Net income attributable to shareholders of the parent company rose to KRW 154.2 billion from KRW 151.2 billion a year earlier. Operating income increased to KRW 208.6 billion from KRW 200.5 billion, while sales declined to KRW 1.18 trillion from KRW 1.26 trillion. Shares of Samsung Card were trading 2.46% higher at KRW 50,000 on the Korean Stock Exchange.
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