KB Financial Group Inc. provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. The company operates through Corporate Banking, Retail Banking, Other Banking Services, Securities Business, Non-life Insurance Business, Credit Card Business, and Life Insurance Business segments. It offers loans, deposit products, and other related financial products and services to large, small, and medium-sized enterprises, as well as small and home office, and individuals and households; investment banking, and brokerage and supporting services; life insurance products; non-life insurance products; 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; real estate trust management; capital investment; collection of receivables or credit investigation; software advisory, development, and supply; investment advisory; claim; management; savings banking; information and communication; and general advisory services. The company was incorporated in 2008 and is headquartered in Seoul, South Korea.
KB Financial Group Trading Down 1.1 %
NYSE:KB traded down $0.41 on Friday, reaching $37.99. The company's stock had a trading volume of 1,960 shares, compared to its average volume of 262,793. KB Financial Group has a 1-year low of $33.15 and a 1-year high of $55.31. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.69 and a current ratio of 1.72. The firm has a market cap of $15.67 billion, a PE ratio of 3.94 and a beta of 0.83. The business's 50-day moving average price is $37.87 and its two-hundred day moving average price is $44.67.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. The Goldman Sachs Group cut KB Financial Group from a "conviction-buy" rating to a "buy" rating in a research note on Wednesday, May 18th. StockNews.com cut KB Financial Group from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 23rd.