KB Financial Group Inc - ADR

KB Financial Group Inc - ADR

KB

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Market Cap$41.37B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
KB Financial Group Inc - ADRKB Financial Group Inc - ADR9.94.24%12%-2.8

Earnings Call Q2 2026

July 23, 2026 - AI Summary

Strong 1H 2026 earnings + ROE improvement (but one-off drag in non-op profit) - Q2 net profit: KRW 1,992.2bn; 1H net profit: KRW 3,884.6bn (+13.1% YoY). - Operating income milestone: 1H total operating income > KRW 10tn for first time (driven by fee growth). - ROE: 14.09% (1H), continuing the improvement trend. - Negative / drag: Non-operating profit fell sharply YoY due to (1) high-base effect from extra ELS-related provisioning/liabilities in the prior quarter and (2) prior-year gains on disposal of assets held by consolidated funds.
Capital returns approved; CET1 above threshold—timing and mix remain flexible - June-end group CET1: 13.74%, +10bp QoQ; exceeds the 13.5% threshold for “excess capital” returns. - BOD decision (today): KRW 700bn share buyback + cancellation. - Remaining surplus capital: to be decided comprehensively considering earnings, PBR & dividend yield at FY2026 end. - Annual total shareholder return expectation: based on KRW 2.820tn first-round returns (announced Feb) → ~KRW 3.7tn annual total. - Dividend: Q2 cash dividend KRW 1,155 per share approved. - Surprising detail / uncertainty: management said they reached ~PBR 1x, so they may adjust the buyback vs dividend ratio; also FX and macro uncertainty means timing of additional returns is flexible (investors asked about the “KRW 180bn remaining” and whether buybacks can be executed within the year—CFO emphasized flexibility and that execution timing can change).
Fee income surge powers growth; outlook depends on market conditions (with some planned catalysts) - 1H noninterest income: KRW 3.6292tn (+33.3% YoY). - Net fee income: ~KRW 3tn in 1H; Q2 net fee income: KRW 1.6019tn (+17.8% QoQ); double-digit growth for 3 straight quarters. - Key drivers: securities brokerage fees (favorable stock market), bank sales of capital-market-linked products (e.g., equity funds/ETFs), and higher credit card spending. - Positive: fee income became >31% of top line for the first time. - Risks/limits: management did not give a hard 2H fee-income “number” due to capital market volatility; they expect transaction volumes/fees to be supported vs prior year, but volatility could change the pace. They cited potential ECM/DCM deal execution in 2H as an offset.

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$267.36

Current Fair Value

126.9% upside

Undervalued by 126.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$41.37 Billion
Enterprise Value$133.13 Trillion
Dividend Yield$3.14 (4.24%)
Earnings per Share$15437
Beta0.67
Outstanding Shares357,947,000

Return

Return on Equity11.83%ROE
Return on Assets0.79%
Return on Invested Capital1.01%

Valuation & Multiples

P/E Ratio9.87P/E Ratio
PEG54.71PEG
Price to Sales0.0Price to Sales
Price to Book Ratio0.0Price to Book Ratio
Enterprise Value to Revenue4.18
Enterprise Value to EBIT18.34
Enterprise Value to Net Income20
Total Debt to Enterprise1.15
Debt to Equity2.81Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 28, 2026
EPS Estimate
$3.38
Average shareholder expectation
Revenue Estimate
$3.28 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 13, 2026
EPS Estimate
$3.49
Average shareholder expectation
Revenue Estimate
$3.27 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 20.88%
Total Calls- 100.00%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.27% 5.26%
Total Invested$108.03M 94.82%
Investors Holding114 230.00%

ESG Score

No data

About KB Financial Group Inc

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation, directly influencing corporate tax structures, capital investment credits, and the overall tax burden on financial markets and commercial banks.

Finance

As the most powerful economic committee, it controls taxation and trade. Its tax policy decisions directly impact corporate valuations and the profitability of commercial banks, while trade policy affects international banking operations and client bases.

Agriculture, Nutrition, and Forestry

This committee oversees the CFTC and plays a key role in regulating the derivatives/futures market and defining cryptocurrencies as digital commodities. These are critical areas of operation and regulation for financial institutions, including commercial banks.

Judiciary

This committee's oversight of antitrust laws is central to influencing the approval of mega-mergers, including those involving banks. Its role in intellectual property also impacts financial technology innovation, making its decisions directly significant for the banking industry.

Banking, Housing, and Urban Affairs

This is the most directly relevant committee, as it regulates the entire financial system, including the Federal Reserve and SEC. It is the primary mover for bank capital requirements, cryptocurrency regulation, and real estate markets, all of which are core to a commercial bank's business.

Select Committee on Intelligence

Members receive classified briefings on global threats, creating high risks for informational asymmetry. For commercial banks, cybersecurity threats are paramount, and geopolitical stability significantly impacts financial markets, making this committee's insights potentially critical.

Commerce, Science, and Transportation

With vast jurisdiction over interstate commerce and consumer protection through the FTC, this committee's influence on data privacy laws (e.g., for customer information) and general commercial regulations directly impacts the operational framework and compliance costs for commercial banks.

Foreign Relations

The committee's influence on sanctions legislation, global markets, and international banking access directly affects the risk exposure, operational scope, and profitability of commercial banks with international clients or operations.

Homeland Security and Governmental Affairs

This committee's regulation of emerging risks like Artificial Intelligence in financial markets directly impacts how commercial banks operate and invest in technology, potentially dictating significant operational changes and costs.