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KB Financial Group Inc (KB)

Upturn stock ratingUpturn stock rating
KB Financial Group Inc
$60.83
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

12/12/2024: KB (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: 7.63%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 45
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 2
Last Close 12/12/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: 7.63%
Avg. Invested days: 45
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 2
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/12/2024
Upturn Advisory Performance Upturn Advisory Performance3

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 22.56B USD
Price to earnings Ratio 7.46
1Y Target Price 83.87
Dividends yield (FY) 4.40%
Basic EPS (TTM) 8.07
Volume (30-day avg) 202879
Beta 0.59
52 Weeks Range 34.94 - 72.89
Updated Date 12/12/2024
Company Size Large-Cap Stock
Market Capitalization 22.56B USD
Price to earnings Ratio 7.46
1Y Target Price 83.87
Dividends yield (FY) 4.40%
Basic EPS (TTM) 8.07
Volume (30-day avg) 202879
Beta 0.59
52 Weeks Range 34.94 - 72.89
Updated Date 12/12/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 32.37%
Operating Margin (TTM) 59.09%

Management Effectiveness

Return on Assets (TTM) 0.6%
Return on Equity (TTM) 7.36%

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE 7.46
Forward PE 3.85
Enterprise Value 43256146558976
Price to Sales(TTM) -
Enterprise Value to Revenue 7.58
Enterprise Value to EBITDA -
Shares Outstanding 374489984
Shares Floating 371005283
Percent Insiders -
Percent Institutions 5.37
Trailing PE 7.46
Forward PE 3.85
Enterprise Value 43256146558976
Price to Sales(TTM) -
Enterprise Value to Revenue 7.58
Enterprise Value to EBITDA -
Shares Outstanding 374489984
Shares Floating 371005283
Percent Insiders -
Percent Institutions 5.37

Analyst Ratings

Rating 5
Target Price 50
Buy -
Strong Buy 1
Hold -
Sell -
Strong Sell -
Rating 5
Target Price 50
Buy -
Strong Buy 1
Hold -
Sell -
Strong Sell -

AI Summarization

KB Financial Group Inc. (KB): A Comprehensive Overview

Company Profile:

History and Background:

  • Founded in 1962 as Kookmin Bank, the largest commercial bank in South Korea.
  • Rebranded as KB Financial Group Inc. in 2008, following a merger with several subsidiaries.
  • Today, KB Financial Group is a leading financial services conglomerate in South Korea, offering a wide range of products and services including retail banking, corporate banking, investment banking, asset management, insurance, and securities.

Core Business Areas:

  • Retail Banking: Main source of revenue, providing deposit accounts, loans, credit cards, and other banking services to individuals and households.
  • Corporate Banking: Offers financial solutions to large corporations, including loans, trade finance, cash management, and investment banking services.
  • Investment Banking: Provides capital raising and advisory services to corporate clients, governments, and institutions.
  • Asset Management: Manages investment portfolios for individuals, institutions, and corporations.
  • Insurance: Offers life insurance, non-life insurance, and pension products.
  • Securities: Brokerage services, underwriting, and trading of securities.

Leadership and Corporate Structure:

  • CEO: Ham Young-joo
  • President: Euh Yoon-dae
  • Executive Vice President: Ryu Jong-hyun
  • Board of Directors: 13 members, including 4 independent directors
  • Headquartered in Seoul, South Korea

Top Products and Market Share:

  • KB Kookmin Bank: South Korea's largest commercial bank, holding a 20.7% market share in deposits and 18.5% in loans.
  • KB Securities: One of the top 5 securities firms in South Korea, with a 9.9% market share in brokerage transactions.
  • KB Insurance: Leading life insurer in South Korea, holding a 10.8% market share.
  • KB Asset Management: Top 10 asset management company in South Korea, with $175 billion in assets under management.

Total Addressable Market:

  • The South Korean financial services market is valued at approximately $4.4 trillion.
  • KB Financial Group has a strong presence in this market, serving over 45 million customers and 800,000 corporate clients.

Financial Performance:

  • Revenue: $32.8 billion in 2022 (6.9% YoY growth)
  • Net Income: $4.3 billion in 2022 (11.2% YoY growth)
  • Profit Margins: Net profit margin of 12.7% in 2022, slightly above the industry average.
  • Earnings per Share (EPS): $2.61 in 2022 (3.4% YoY increase)
  • Strong cash flow from operations, healthy balance sheet with low debt-to-equity ratio.

Dividends and Shareholder Returns:

  • Dividend History: KB Financial has a consistent dividend payout record, with a dividend yield of 4.1% in 2022.
  • Shareholder Returns: Total shareholder return of 22.5% in 2022, outperforming the broader market.

Growth Trajectory:

  • Historical Growth: Revenue has grown at a compounded annual rate of 6.4% over the past 5 years.
  • Future Projections: KB Financial is expected to maintain steady growth in the coming years, driven by its large customer base, strong financial performance, and digital transformation initiatives.
  • Recent Developments: Launched new digital-only bank, K Bank, and expanded its wealth management services.

Market Dynamics:

  • Industry Trends: Continued digitization of financial services, increasing competition from fintech companies, and regulatory changes are key trends.
  • Positioning: KB Financial is well-positioned to adapt to these changes with its strong brand recognition, digital capabilities, and diversified business portfolio.

Key Competitors:

  • Shinhan Financial Group (SHG): Leading financial services group in South Korea, with a market share of 18.1% in deposits and 18.9% in loans.
  • Hana Financial Group (HFG): Third-largest financial services group in South Korea, with a market share of 13.7% in deposits and 15.3% in loans.

Competitive Advantages:

  • Large customer base and strong brand recognition in South Korea.
  • Diversified business portfolio across various financial services segments.
  • Strong financial performance and healthy balance sheet.
  • Investing heavily in digital transformation initiatives.

Potential Challenges:

  • Competition from fintech companies and other financial institutions.
  • Rising interest rates and economic uncertainty.
  • Compliance with evolving regulations.

Opportunities:

  • Growth in wealth management and asset management services.
  • Expansion into new markets and segments.
  • Further development of digital capabilities.

Recent Acquisitions:

  • 2023: Prudential Korea life insurance business: Acquired for $4.4 billion, significantly expanding KB Financial's life insurance presence.
  • 2022: Nexible Platform: Leading Korean big data analysis company, strengthening KB Financial's digital analytics capabilities.
  • 2021: Barclays Korea Securities: Expanded KB Securities' brokerage and investment banking businesses.

These acquisitions demonstrate KB Financial's commitment to strengthening its market position and expanding its product offerings through strategic investments.

AI-Based Fundamental Rating:

  • Rating: 8.5 out of 10
  • Justification: KB Financial is a financially strong company with a leading position in the South Korean financial services market. The company has a diversified business model, strong management team, and is well-positioned to benefit from future growth opportunities. However, uncertainties in the global economy and potential changes in the regulatory landscape present potential challenges.

Sources and Disclaimers:

  • Data sources: KB Financial Group Inc. annual reports, investor presentations, company website, Statista, Bloomberg.
  • Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Investing in stocks involves risk, and past performance is not a guarantee of future results. Please conduct your own due diligence before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About KB Financial Group Inc

Exchange NYSE Headquaters -
IPO Launch date 2001-11-12 CEO -
Sector Financial Services Website https://www.kbfg.com
Industry Banks - Regional Full time employees 141
Headquaters -
CEO -
Website https://www.kbfg.com
Website https://www.kbfg.com
Full time employees 141

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.

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