Kb Financial Group Inc. (KB)
NYSE:KB
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Kb Financial Group
(NYSE:KB)
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Rating:69Neutral
Price Target:
$106.00
▲(22.54% Upside)
Action:DowngradedDate:12/23/25
KB Financial Group's overall stock score reflects strong profitability and a solid valuation, supported by positive earnings call highlights. However, challenges in revenue growth, cash flow management, and potential regulatory issues pose risks. The technical indicators suggest a stable outlook, but careful monitoring of financial performance and external factors is advised.
Positive Factors
Improving Return on Equity
A sustained ROE near 13% indicates the group is generating solid returns on shareholder capital. Over the next several months this supports internal capital generation, dividend capacity and reinvestment into strategic areas, increasing resilience to revenue pressures.
Negative Factors
Declining Top-line Trend
A multi-period decline in revenue growth signals underlying pressure on core franchise expansion or pricing. Persisting top-line weakness constrains operating leverage, limits room for margin expansion, and forces greater reliance on non-operating items or cost cuts to sustain profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Return on Equity
A sustained ROE near 13% indicates the group is generating solid returns on shareholder capital. Over the next several months this supports internal capital generation, dividend capacity and reinvestment into strategic areas, increasing resilience to revenue pressures.
Read all positive factors
Kb Financial Group (KB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$38.43B
Dividend Yield2.79%
Average Volume (3M)245.45K
Price to Earnings (P/E)7.2
Beta (1Y)0.82
Revenue Growth35.44%
EPS Growth7.33%
CountryUS
Employees141
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)3.41
Shares Outstanding372,850,460
10 Day Avg. Volume229,313
30 Day Avg. Volume245,451
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)0.76
Price to Sales (P/S)0.93
P/FCF Ratio0.00
Enterprise Value/Market Cap1.47K
Enterprise Value/Revenue1.11
Enterprise Value/Gross Profit2.27
Enterprise Value/Ebitda6.12
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)11.99
Revenue Forecast (FY)$12.78B
Kb Financial Group Business Overview & Revenue Model
Company Description
KB Financial Group Inc. provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. The company operates through Corporate Banking, Retail Banking, Other Banking Services, Securities...
How the Company Makes Money
KB Financial Group generates revenue primarily through interest income from loans and advances, fees from banking services, and investment income from its asset management operations. Key revenue streams include interest from consumer and corporat...
Kb Financial Group Earnings Call Summary
Earnings Call Date:Apr 23, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 28, 2026
Earnings Call Sentiment Positive
The call conveyed strong operational and financial momentum: record noninterest income and fee growth, improved ROE, modest NII and NIM expansion, robust shareholder returns including large share cancellations, and lower credit costs. These positives were tempered by capital pressure from FX volatility and large shareholder returns, weakened other operating profit (insurance), higher G&A due to taxes/bonuses, and some moderation in NPL coverage. Management emphasized conservative capital and provisioning stances and active RWA management to mitigate risks.Positive Updates
Strong shareholder returns and capital actions
Board approved immediate cancellation of ~14.26 million treasury shares (~3.8% of issued shares) — largest single cancellation in industry by value; total issued shares reduced 15.2% vs 10 years ago. Q1 quarterly cash dividend KRW 1,143/share (KRW 405.4bn) and second round of buybacks/cancellations of KRW 600bn (completed initial KRW 600bn purchase of a KRW 1.2tr H1 plan). Q1 DPS up KRW 231, a 25.3% YoY increase.
Negative Updates
CET1 and capital ratio pressure from FX and shareholder returns
Preliminary CET1 13.63% (BIS 15.75%); CET1 down ~19bps QoQ. Management cited nearly KRW 80 depreciation in KRW/USD during quarter and large-scale shareholder returns as headwinds to CET1; FX sensitivity materially affects capital ratios.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong shareholder returns and capital actions
Board approved immediate cancellation of ~14.26 million treasury shares (~3.8% of issued shares) — largest single cancellation in industry by value; total issued shares reduced 15.2% vs 10 years ago. Q1 quarterly cash dividend KRW 1,143/share (KRW 405.4bn) and second round of buybacks/cancellations of KRW 600bn (completed initial KRW 600bn purchase of a KRW 1.2tr H1 plan). Q1 DPS up KRW 231, a 25.3% YoY increase.
Read all positive updates
Company Guidance
KBFG’s guidance emphasized disciplined capital management and measured growth: Q1 headlines were net income KRW 1,892.4bn, NII KRW 3.3348tr (+2.2% Y‑o‑Y) with group NIM 1.99% and bank NIM 1.77% (↑4bps/↑2bps Q‑o‑Q), noninterest income KRW 1.6509tr (+27.8%, record), net fee income KRW 1.3593tr (+45.5%), ROE 13.94% (↑0.9pp Y‑o‑Y), provisions KRW 493.2bn (‑24.8%) and credit cost ~40bps (‑14bps Y‑o‑Y) with management keeping a conservative provisioning stance; RWA KRW 366tr (+KRW9tr/+2.5% vs YE; ex‑FX +KRW4tr/1.1% Y‑o‑Y), BIS 15.75% and CET1 13.63% (‑19bps Q‑o‑Q) with shareholder returns linked to a ~13% CET1 threshold. Loan book was KRW 379tr (+0.4% vs YE; household ‑0.4%, corporate +1.2%) and guidance targets household loan growth 1–2%, corporate 6–7% and overall bank loan growth ~4%; NIM is expected to be slightly higher than prior plans given base‑rate moves. Capital actions include a Q1 cash dividend KRW 1,143/share (total KRW 405.4bn, +25.3% YoY), an H1 buyback/cancellation program KRW 1.2tr (KRW 600bn initially completed, KRW 600bn additional approved) and immediate cancellation of 14.26m treasury shares (~3.8% of issued shares); nonbanking remains a key earnings driver (≈72% of fee income) with securities and AM AUM up 55.9% and 18.4% Q‑o‑Q.Kb Financial Group Financial Statement Overview
Summary
Income Statement
70
Positive
Balance Sheet
65
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 50.69T | 37.77T | 36.41T | 25.64T | 20.97T |
| Gross Profit | 24.86T | 18.06T | 16.30T | 14.56T | 15.81T |
| EBITDA | 8.53T | 7.90T | 6.99T | 6.27T | 7.09T |
| Net Income | 5.85T | 5.08T | 4.59T | 4.11T | 4.41T |
Balance Sheet | |||||
| Total Assets | 0.00 | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 10.00T> | 10.00T> | 10.00T> | 92.05T |
| Total Debt | 0.00 | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Total Liabilities | -61.37T | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Stockholders Equity | 61.37T | 57.89T | 56.69T | 52.52T | 48.53T |
Cash Flow | |||||
| Free Cash Flow | 0.00 | 3.39T | 3.43T | 4.26T | -2.50T |
| Operating Cash Flow | 0.00 | 4.02T | 4.11T | 4.76T | -2.03T |
| Investing Cash Flow | 0.00 | -3.83T | -3.52T | -19.64T | -3.86T |
| Financing Cash Flow | 0.00 | -1.98T | -1.24T | 15.18T | 10.82T |
Kb Financial Group Technical Analysis
Positive
86.50
Price Trends
105.93
Positive
97.16
Positive
89.78
Positive
Market Momentum
1.91
Negative
65.17
Neutral
85.49
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KB, the sentiment is Positive. The current price of 86.5 is below the 20-day moving average (MA) of 103.69, below the 50-day MA of 105.93, and below the 200-day MA of 89.78, indicating a bullish trend. The MACD of 1.91 indicates Negative momentum. The RSI at 65.17 is Neutral, neither overbought nor oversold. The STOCH value of 85.49 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KB.
Kb Financial Group Risk Analysis
Kb Financial Group disclosed 44 risk factors in its most recent earnings report. Kb Financial Group reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Kb Financial Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $32.12B | 12.71 | 10.25% | 2.76% | -0.24% | 19.76% | |
71 Outperform | $45.09B | 58.08 | 8.86% | 3.14% | 7.66% | -5.41% | |
69 Neutral | $38.43B | 7.18 | 10.27% | 2.79% | 35.44% | 7.33% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $31.17B | 6.55 | 8.98% | 2.86% | 46.64% | 14.25% | |
65 Neutral | $16.45B | 10.15 | 9.31% | 3.71% | 36.20% | 9.54% | |
64 Neutral | $37.49B | 7.99 | 13.55% | 2.48% | 16.36% | 32.42% |
* Financial Sector Average
KB
Kb Financial Group
111.22
49.72
80.85%
BBD
Banco Bradesco SA
3.88
1.59
69.36%
FITB
Fifth Third Bancorp
50.76
15.92
45.69%
MTB
M&T Bank
218.63
52.78
31.82%
SHG
Shinhan Financial Group Co
68.84
33.38
94.13%
WF
Woori Finance Holdings Co
70.66
33.75
91.44%
Kb Financial Group Corporate Events
KB Financial Group Sets February 5, 2026 FY2025 Earnings Conference
Jan 21, 2026
On January 21, 2026, KB Financial Group Inc. announced that it will hold its FY2025 earnings conference on February 5, 2026, at 16:00 Korea time, providing a live webcast and conference call in both Korean and English with simultaneous interpretat...
KB Financial Group Announces Increased Stake by Korean National Pension Service
Jan 16, 2026
On January 16, 2026, KB Financial Group Inc. disclosed that its largest shareholder, the Korean National Pension Service, modestly increased its stake in the company between November 14 and December 31, 2025, raising its holdings from 32,666,149 c...
KB Financial Group Confirms KRW 660 Billion Treasury Share Cancellation for January 2026
Jan 9, 2026
On January 9, 2026, KB Financial Group Inc. announced an update to its previously disclosed plan to cancel a portion of its treasury shares, confirming that it intends to cancel 5,564,253 common shares with an estimated book value of about KRW 660...
KB Financial Group Ends Treasury Share Trust, Plans Cancellation After KRW 660 Billion Buyback
Jan 9, 2026
On January 9, 2026, KB Financial Group Inc. announced the termination of a trust agreement originally signed on July 24, 2025 with Hana Securities Co., Ltd. for the acquisition of treasury shares, following the scheduled expiration of the agreemen...
KB Financial Group Sets AGM Record Date for December 31, 2025
Dec 9, 2025
On December 9, 2025, KB Financial Group announced the record date for its annual general meeting of shareholders for the fiscal year 2025, set for December 31, 2025. This decision aligns with the company’s adherence to the Commercial Code an...
KB Financial Group Announces Record Date Plans for 2025 Dividends
Dec 9, 2025
On December 9, 2025, KB Financial Group Inc. announced that the record date for its annual cash dividends for fiscal year 2025 will be determined in February 2026, following a resolution by the Board of Directors. This decision, in accordance with...
KB Financial Group Announces KRW 300 Billion Interim Dividend
Dec 2, 2025
On December 2, 2025, KB Securities Co., Ltd., a subsidiary of KB Financial Group Inc., declared an interim cash dividend of KRW 1,004 per common share, totaling KRW 300 billion. The dividend will be paid entirely to KB Financial Group Inc., which ...
KB Financial Group’s Largest Shareholder Increases Stake
Nov 20, 2025
On November 20, 2025, KB Financial Group announced a change in the shareholding structure, with the Korean National Pension Service increasing its stake from 8.28% to 8.56% of the total shares. This adjustment in share ownership reflects a strateg...
KB Financial Group Reports Strong Q3 2025 Financials
Nov 14, 2025
On November 14, 2025, KB Financial Group filed its third quarter business report for 2025 with the Financial Services Commission of Korea and the Korea Exchange. The report, prepared under Korean IFRS, highlights the company’s financial perf...
Kookmin Bank Declares Interim Dividend for KB Financial Group
Oct 30, 2025
On October 29, 2025, the board of directors of Kookmin Bank, a subsidiary of KB Financial Group Inc., declared an interim cash dividend of KRW 2,480 per common share, amounting to a total of KRW 1,002,860,207,680. This dividend will be paid to KB ...
KB Financial Group Reports Q3 2025 Financial Results Amid Revenue Decline
Oct 30, 2025
On October 30, 2025, KB Financial Group announced its preliminary operating results for the third quarter of 2025, revealing a notable decline in operating revenue by 38.13% compared to the previous quarter. Despite this, the company experienced a...
KB Financial Group Sets Record Date for Q3 2025 Dividends
Oct 30, 2025
KB Financial Group Inc. has announced November 14, 2025, as the record date for its interim cash dividends for the third quarter of 2025. This decision, in line with Article 60 of its Articles of Incorporation, underscores the company’s comm...
KB Financial Group Declares Quarterly Dividend Amid Treasury Share Adjustments
Oct 30, 2025
On October 30, 2025, KB Financial Group’s board of directors declared a quarterly cash dividend of KRW 930 per common share, totaling approximately KRW 335.7 billion, assuming 361,001,975 shares are outstanding. The record date for the divid...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.