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NYSE:KB

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

$58.12
+1.73 (+3.07%)
(As of 10:49 AM ET)
Today's Range
$57.58
$58.12
50-Day Range
$45.77
$59.70
52-Week Range
$35.20
$60.14
Volume
52,345 shs
Average Volume
190,020 shs
Market Capitalization
$23.45 billion
P/E Ratio
7.26
Dividend Yield
3.17%
Price Target
N/A

KB Financial Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.13% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.27mentions of KB Financial Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.27%
From $9.41 to $11.60 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.

4.69 out of 5 stars

Finance Sector

96th out of 822 stocks

Commercial Banks, Not Elsewhere Classified Industry

5th out of 26 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 Large Volume Increase
Q1 2024 APAC syndicated loans market overview
KB Financial Group Inc
See More Headlines
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Company Calendar

Last Earnings
2/07/2014
Today
6/12/2024
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
$10.28 per share
Book Value
$113.02 per share

Miscellaneous

Free Float
125,088,000
Market Cap
$22.77 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. has a low P/E ratio of 7.09, indicating potential undervaluation compared to industry peers. A low P/E ratio can suggest that the stock is inexpensive relative to its earnings.
  • The company has a strong return on equity of 6.97%, showcasing efficient use of shareholder funds to generate profits. A high return on equity is a positive indicator of a company's financial health.
  • KB Financial Group Inc. has a diversified business model operating in multiple countries, reducing geographic risk and potentially increasing growth opportunities.
  • The stock is currently trading above its 50-day and 200-day moving averages, indicating positive price momentum and potential for further price appreciation.
  • With a debt-to-equity ratio of 2.25, KB Financial Group Inc. has a moderate level of debt that can be beneficial for leveraging growth opportunities while still maintaining financial stability.

Cons

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

  • The company reported earnings below analysts' consensus estimates, which may indicate potential challenges in meeting market expectations and could lead to negative investor sentiment.
  • KB Financial Group Inc. has a beta of 1.01, implying that the stock's price is closely correlated with the overall market. Higher beta stocks tend to be more volatile, which can pose risks for investors.
  • Despite a strong return on equity, the company's net margin of 11.65% may be considered low in comparison to industry peers, potentially signaling lower profitability levels.
  • KB Financial Group Inc. has a price-to-earnings-growth ratio of 0.42, which may indicate that the stock is undervalued relative to its growth prospects. However, a low PEG ratio could also suggest slower future growth expectations.
  • The company's trading volume is below its average volume, which could indicate weakening investor interest and liquidity in the stock.
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, June 3, 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 in 2024?

KB Financial Group's stock was trading at $41.37 on January 1st, 2024. Since then, KB shares have increased by 36.4% and is now trading at $56.4250.
View the best growth stocks for 2024 here
.

Are investors shorting KB Financial Group?

KB Financial Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 496,600 shares, an increase of 53.6% from the April 30th total of 323,300 shares. Based on an average daily volume of 187,100 shares, the days-to-cover ratio is presently 2.7 days. Approximately 0.1% of the company's shares are sold short.
View KB Financial Group's Short Interest
.

When is KB Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our KB earnings forecast
.

How were KB Financial Group's earnings last quarter?

KB Financial Group Inc. (NYSE:KB) announced its quarterly earnings results on Friday, February, 7th. The bank reported $0.34 EPS for the quarter. KB Financial Group had a trailing twelve-month return on equity of 6.97% and a net margin of 11.65%.

Is KB Financial Group a good dividend stock?

KB Financial Group (NYSE:KB) pays an annual dividend of $1.84 per share and currently has a dividend yield of 3.24%. The dividend payout ratio is 22.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KB will have a dividend payout ratio of 15.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KB.

What ETF holds KB Financial Group's stock?

Avantis Emerging Markets ex-China Equity ETF holds 605 shares of KB stock, representing 0.54% of its portfolio.

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.

What other stocks do shareholders of KB Financial Group own?

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

Who are KB Financial Group's major shareholders?

KB Financial Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (0.38%), Vanguard Group Inc. (0.13%), Teachers Retirement System of The State of Kentucky (0.09%), Ariel Investments LLC (0.08%), Acadian Asset Management LLC (0.06%) and Capital International Investors (0.06%).

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.

This page (NYSE:KB) was last updated on 6/12/2024 by MarketBeat.com Staff

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