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NYSE:KB

KB Financial Group (KB) Stock Price, News & Analysis

$61.61
-2.07 (-3.25%)
(As of 09/6/2024 ET)
Today's Range
$61.61
$63.50
50-Day Range
$56.85
$67.11
52-Week Range
$36.57
$67.40
Volume
191,168 shs
Average Volume
203,407 shs
Market Capitalization
$24.86 billion
P/E Ratio
7.69
Dividend Yield
2.97%
Price Target
N/A

KB Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
20.74%
From $9.40 to $11.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.31 out of 5 stars

Finance Sector

164th out of 871 stocks

Commercial Banks, Not Elsewhere Classified Industry

8th out of 32 stocks

KB stock logo

About KB Financial Group Stock (NYSE:KB)

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. It offers loans, deposit products, and other related financial products and services to large, small, medium-sized enterprises, and small office/home office, as well as individuals and households; investment banking, and brokerage and supporting services; life insurance products; non-life insurance products, including fire, maritime, injury, technology, liability, package, title, guarantee, other special type insurances, automobile, long-term nonlife, property damage, injury, driver, savings, illness, nursing, pension, and others; and credit sale, cash service, card loan, and other supporting services. The company also engages in securities and derivatives trading, funding, and other supporting activities. In addition, it offers foreign exchange transaction; financial investment; credit card and installment financing; financial leasing; auto Installment finance; real estate trust management; capital and collective investment; collection of receivables or credit investigation; software advisory, development, and supply; microfinance; investment advisory; claim; management; savings banking; information and communication; e-commerce; and general advisory services. The company was founded in 1963 and is headquartered in Seoul, South Korea.

KB Stock Price History

KB Stock News Headlines

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Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
KB Financial (KB) Earnings Dates & Reports
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Futures Firmly Positive Following Closely Watched Inflation Data
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Asian Shares Mixed After Upbeat US GDP Report
See More Headlines
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Company Calendar

Last Earnings
8/14/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Banking
Employees
150
Year Founded
2008

Profitability

Net Income
$3.59 billion
Pretax Margin
15.99%

Debt

Sales & Book Value

Annual Sales
$21.99 trillion
Cash Flow
$9.81 per share
Book Value
$103.78 per share

Miscellaneous

Free Float
125,088,000
Market Cap
$24.86 billion
Optionable
Optionable
Beta
1.01

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Key Executives

  • Mr. Jong Hee Yang (Age 63)
    Chief Executive Officer
  • Mr. Dong Whan Han (Age 59)
    Senior EVP & Head of KB Research
  • Mr. Dong Cheol Lee (Age 63)
    Vice Chairman and Head of Digital Business Unit & IT Business Unit
  • Mr. Yin Hur (Age 63)
    Vice Chairman, and Head of Global Business Unit & Insurance Business Unit
  • Jae Kwan Kim
    Chief Finance Officer
  • Mr. Bong Joong Kwon (Age 55)
    Senior MD & Head of IR Department
  • Ms. Hye Ja Seo (Age 58)
    Senior MD & Chief Compliance Officer
  • Jong Hoon Lee
    Head of the Legal Affairs Unit
  • Mr. Jin Young Kim (Age 55)
    Chief Public Relation Officer
  • Mr. Hyo Sung Jeon (Age 53)
    MD & Chief Human Resources Officer

Should I Buy KB Financial Group Stock? KB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in KB Financial Group Inc.:

  • KB Financial Group Inc. reported a strong quarterly earnings result, beating the consensus estimate by $0.07 per share, indicating solid financial performance.
  • Recent institutional trading activities show increased interest from investors, with new positions being established by various institutions, suggesting confidence in the company's future prospects.
  • The stock price of KB Financial Group Inc. has shown resilience, with a 1-year high of $65.77, indicating potential for capital appreciation.
  • KB Financial Group Inc. has a low P/E ratio of 7.52, which may indicate that the stock is undervalued compared to its earnings potential, making it an attractive investment opportunity.
  • Capital International Investors and other institutional investors have been increasing their holdings in KB Financial Group Inc., signaling positive sentiment towards the company's growth prospects.

Cons

Investors should be bearish about investing in KB Financial Group Inc. for these reasons:

  • Stock trading down by 5.1% recently may indicate short-term volatility or market concerns impacting the stock price negatively.
  • StockNews.com downgraded KB Financial Group from a "buy" rating to a "hold" rating, suggesting potential challenges or risks ahead for the company.
  • The company's PE ratio of 8.12 is higher than the industry average, which could indicate that the stock is relatively expensive compared to its earnings, potentially limiting upside potential.
  • KB Financial Group Inc. has a debt-to-equity ratio of 2.25, which may raise concerns about the company's financial leverage and ability to manage debt effectively.
  • While the company has shown growth, the beta of 1.01 indicates that the stock's price movements are closely correlated with the market, potentially exposing investors to market risks.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these KB Financial Group pros and cons to contact@marketbeat.com.

KB Stock Analysis - Frequently Asked Questions

How have KB shares performed this year?

KB Financial Group's stock was trading at $41.37 at the beginning of the year. Since then, KB shares have increased by 48.9% and is now trading at $61.61.
View the best growth stocks for 2024 here
.

How were KB Financial Group's earnings last quarter?

KB Financial Group Inc. (NYSE:KB) issued its earnings results on Wednesday, August, 14th. The bank reported $3.06 EPS for the quarter, beating analysts' consensus estimates of $2.70 by $0.36. The bank had revenue of $3.18 billion for the quarter. KB Financial Group had a trailing twelve-month return on equity of 7.29% and a net margin of 12.13%.

What is Yoon-Dae Euh's approval rating as KB Financial Group's CEO?

7 employees have rated KB Financial Group Chief Executive Officer Yoon-Dae Euh on Glassdoor.com. Yoon-Dae Euh has an approval rating of 33% among the company's employees. This puts Yoon-Dae Euh in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are KB Financial Group's major shareholders?

Top institutional investors of KB Financial Group include Dimensional Fund Advisors LP (0.63%), Trinity Street Asset Management LLP (0.41%), Royal London Asset Management Ltd. (0.21%) and American Century Companies Inc. (0.13%).

How do I buy shares of KB Financial Group?

Shares of KB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of KB Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that KB Financial Group investors own include AbbVie (ABBV), Alibaba Group (BABA), Johnson & Johnson (JNJ), QUALCOMM (QCOM), CVS Health (CVS), Intel (INTC) and JPMorgan Chase & Co. (JPM).

This page (NYSE:KB) was last updated on 9/7/2024 by MarketBeat.com Staff

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