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NYSE:KB

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

$62.05
+0.58 (+0.94%)
(As of 07/12/2024 ET)
Today's Range
$61.81
$62.90
50-Day Range
$53.67
$63.15
52-Week Range
$36.57
$63.31
Volume
447,861 shs
Average Volume
248,097 shs
Market Capitalization
$25.04 billion
P/E Ratio
7.75
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
0.08% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of KB Financial Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.29%
From $9.23 to $11.38 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.

4.82 out of 5 stars

Finance Sector

38th out of 866 stocks

Commercial Banks, Not Elsewhere Classified Industry

2nd out of 25 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

KB Financial Group (NYSE:KB) Sees Strong Trading Volume
KB Financial Group (NYSE:KB) Trading 4.3% Higher
New Government Policy to Wipe Out Seniors Wealth
Don't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of opportunity to protect your interests is closing fast.
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The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.
See More Headlines
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Company Calendar

Last Earnings
5/16/2024
Today
7/14/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Employees
154
Year Founded
2008

Profitability

Net Income
$3.59 billion
Pretax Margin
15.38%

Debt

Sales & Book Value

Annual Sales
$26.44 billion
Cash Flow
$10.32 per share
Book Value
$113.02 per share

Miscellaneous

Free Float
125,088,000
Market Cap
$25.04 billion
Optionable
Optionable
Beta
1.00

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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. has a market capitalization of $23.19 billion, indicating a strong position in the market.
  • The company has a low price-to-earnings ratio of 7.17, suggesting the stock may be undervalued compared to its earnings.
  • KB Financial Group Inc. has a quick ratio and current ratio of 1.65, indicating good liquidity and ability to meet short-term obligations.
  • The stock has a 50-day moving average price of $53.33, showing a positive trend in the stock price in the short term.
  • Analysts predict that KB Financial Group Inc. will post 9.41 earnings per share for the current fiscal year, indicating potential growth.

Cons

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

  • The company's stock trading volume has been lower than its average volume, which may indicate lower investor interest or activity.
  • KB Financial Group Inc. reported earnings per share below analysts' consensus estimates, which could lead to investor disappointment.
  • The debt-to-equity ratio of 2.25 may raise concerns about the company's leverage and financial risk.
  • While the stock has a 200-day moving average price of $47.38, there may be volatility in the stock price over the long term.
  • KB Financial Group Inc. has a beta of 1.01, suggesting the stock's price movements are closely correlated with the market, potentially limiting diversification benefits.
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 Friday, June 28, 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 on January 1st, 2024. Since then, KB shares have increased by 50.0% and is now trading at $62.05.
View the best growth stocks for 2024 here
.

How were KB Financial Group's earnings last quarter?

KB Financial Group Inc. (NYSE:KB) posted its earnings results on Thursday, May, 16th. The bank reported $2.07 EPS for the quarter, beating the consensus estimate of $2.00 by $0.07. The bank earned $3.64 billion during the quarter. KB Financial Group had a trailing twelve-month return on equity of 6.97% and a net margin of 11.65%.

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 shareholders of KB Financial Group include Trinity Street Asset Management LLP (0.41%), Gilman Hill Asset Management LLC (0.02%), Simplicity Wealth LLC and QRG Capital Management Inc..

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 7/14/2024 by MarketBeat.com Staff

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