KB Financial Group (NYSE:KB - Get Free Report) announced its quarterly earnings data on Wednesday. The bank reported $1.21 earnings per share for the quarter, Zacks reports. The firm had revenue of $2.94 billion for the quarter. KB Financial Group had a net margin of 12.33% and a return on equity of 7.71%.
KB Financial Group Stock Performance
NYSE KB traded down $0.04 on Friday, reaching $54.33. 201,401 shares of the company's stock traded hands, compared to its average volume of 163,416. KB Financial Group has a fifty-two week low of $45.59 and a fifty-two week high of $72.89. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.66 and a current ratio of 1.66. The firm has a market cap of $21.38 billion, a price-to-earnings ratio of 6.33, a P/E/G ratio of 0.52 and a beta of 0.99. The stock has a 50 day moving average price of $58.63 and a 200-day moving average price of $62.29.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on KB shares. Morgan Stanley raised KB Financial Group from an "equal weight" rating to an "overweight" rating in a report on Thursday, December 12th. StockNews.com downgraded shares of KB Financial Group from a "buy" rating to a "hold" rating in a report on Wednesday.
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KB Financial Group Company Profile
(
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KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally. The company operates through Retail Banking, Corporate Banking, Other Banking Services, Credit Card, Securities, Life Insurance, and Non-Life Insurance segments.
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