View ValuationKBC Group 향후 성장Future 기준 점검 2/6KBC Group (는) 각각 연간 10.9% 및 7.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.3% 로 예상됩니다.핵심 정보10.9%이익 성장률11.20%EPS 성장률Banks 이익 성장8.1%매출 성장률7.8%향후 자기자본이익률16.29%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 13KBC Group NV Approves Final Dividend for 2025, Payable on 20 May 2026KBC Group NV announced as approved by the General Meeting of Shareholders on 7 May 2026, it will pay a final dividend of EUR 4.1 per share on 20 May 2026, bringing the total dividend for full-year 2025 to EUR 5.1 per share and the pay-out ratio to 60% of 2025 net profit.공시 • Apr 02KBC Group NV, Annual General Meeting, May 07, 2026KBC Group NV, Annual General Meeting, May 07, 2026, at 10:00 Romance Standard Time.공시 • Feb 12KBC Group NV Proposes Dividend for the Accounting Year 2025, Payable in May 2026KBC Group NV's Board of Directors has decided to propose a total gross dividend of EUR 5.1 per share to the General Meeting of Shareholders for the accounting year 2025. That figure includes an interim dividend of EUR 1 per share that was already paid in November 2025 and the remaining EUR 4.1 per share to be paid in May 2026. When including the proposed dividend of EUR 5.1 per share and additional tier-1 coupon, the pay-out ratio amounts to 60% of 2025 net profit.공시 • Nov 24KBC Group NV to Report Fiscal Year 2025 Results on Apr 01, 2026KBC Group NV announced that they will report fiscal year 2025 results at 12:00 PM, Central European Standard Time on Apr 01, 2026공시 • Sep 23+ 1 more updateKBC Reportedly Investigates ABN Amro TakeoverKBC Group NV (ENXTBR:KBC) is exploring a possible acquisition of its Dutch competitor, ABN Amro (ABN AMRO Bank N.V. (ENXTAM:ABN)), as part of plans to strengthen its position in Europe, sources close to the deal told Bloomberg. The Brussels-based bank is in the early stages of reviewing the feasibility of a deal, the sources said. They requested anonymity due to the confidential information involved, saying the Belgian bank is still discussing the potential internally and no decision has been made. “Referring to KBC Group’s earlier and repeated statements about its strategy, we are continuously monitoring the market to identify opportunities that strengthen our strategic goals, and we are committed to pursuing financially sound and sustainable growth,” a bank spokesperson told Bloomberg. ABN Amro declined to comment, but this is not the first time rumors have circulated about a potential takeover of the bank. BNP Paribas and Deutsche Bank have also considered ABN Amro as a potential acquisition target in recent years.공시 • Jul 11+ 2 more updatesKBC Group NV to Report Q3, 2026 Results on Nov 12, 2026KBC Group NV announced that they will report Q3, 2026 results at 7:00 AM, Central European Standard Time on Nov 12, 2026공시 • Apr 02KBC Group NV, Annual General Meeting, Apr 30, 2025KBC Group NV, Annual General Meeting, Apr 30, 2025, at 10:00 Romance Standard Time.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: €2.14 (vs €2.07 in 3Q 2023)Third quarter 2024 results: EPS: €2.14. Revenue: €2.73b (up 1.8% from 3Q 2023). Net income: €868.0m (down 1.0% from 3Q 2023). Profit margin: 32% (in line with 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe.공시 • Nov 07KBC Group NV to Report Fiscal Year 2024 Final Results on Mar 31, 2025KBC Group NV announced that they will report fiscal year 2024 final results on Mar 31, 2025Upcoming Dividend • Nov 05Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 12 November 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.2%).공시 • Aug 22+ 3 more updatesKBC Group NV to Report Q2, 2025 Results on Aug 07, 2025KBC Group NV announced that they will report Q2, 2025 results at 7:00 AM, Central European Standard Time on Aug 07, 2025Declared Dividend • Aug 14Dividend of €0.70 announcedShareholders will receive a dividend of €0.70. Ex-date: 12th November 2024 Payment date: 14th November 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (58% payout ratio) and is expected to be covered in 3 years' time (61% forecast payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: €2.25 (vs €2.29 in 2Q 2023)Second quarter 2024 results: EPS: €2.25 (down from €2.29 in 2Q 2023). Revenue: €2.74b (down 2.1% from 2Q 2023). Net income: €925.0m (down 2.7% from 2Q 2023). Profit margin: 34% (in line with 2Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Aug 08+ 1 more updateKBC Group NV to Pay Interim Dividend, Payable in November 2024KBC Group NV announced that in line with its general dividend policy, it will pay an interim dividend of EUR 1 per share in November 2024 as an advance on the total dividend for financial year 2024.공시 • May 18KBC Group NV Declares Extraordinary Interim Dividend, Payable on 29 May 2024KBC Group NV announced that in line with its announced capital deployment plan for full-year 2023, the Board of Directors has also decided to distribute the surplus capital above a fully loaded common equity ratio of 15% (approximately EUR 280 million) in the form of an extraordinary interim dividend of EUR 0.70 per share on 29 May 2024.Reported Earnings • May 17First quarter 2024 earnings released: EPS: €1.19 (vs €2.08 in 1Q 2023)First quarter 2024 results: EPS: €1.19 (down from €2.08 in 1Q 2023). Revenue: €2.69b (down 13% from 1Q 2023). Net income: €481.0m (down 44% from 1Q 2023). Profit margin: 18% (down from 28% in 1Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • May 03Kbc Group Nv Approves to Pay A Gross Dividend for the Financial Year Ending on 31 December 2023, Payable on 15 May 2024KBC Group NV announced that the Annual General Meeting of 2 May 2024 has decided to pay a gross dividend of 4.15 euros per share for the financial year ending on 31 December 2023. Further to the payment of an interim dividend in the sum of 1 euro per share on 15 November 2023, the gross final dividend will be 3.15 euros per dividend entitled share (2.205 euros after the deduction of 30% withholding tax). Relevant dates are: Ex-coupon date: 13 May 2024. Record date: 14 May 2024. Pay date: 15 May 2024.Reported Earnings • Apr 04Full year 2023 earnings released: EPS: €8.04 (vs €6.64 in FY 2022)Full year 2023 results: EPS: €8.04 (up from €6.64 in FY 2022). Revenue: €11.2b (up 15% from FY 2022). Net income: €3.34b (up 21% from FY 2022). Profit margin: 30% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.05% (up from 1.96% in FY 2022). Cost-to-income ratio: 49.0% (no change from 49.0% in FY 2022). Non-performing loans: 2.27% (down from 2.39% in FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 11Final dividend of €2.21 announcedShareholders will receive a dividend of €2.21. Ex-date: 13th May 2024 Payment date: 15th May 2024 Dividend yield will be 4.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (62% forecast payout ratio). The dividend has increased by an average of 8.4% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to decline by 2.6% over the next 3 years. However, it would need to fall by 43% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Feb 08Full year 2023 earnings released: EPS: €8.04 (vs €6.46 in FY 2022)Full year 2023 results: EPS: €8.04 (up from €6.46 in FY 2022). Revenue: €11.2b (up 37% from FY 2022). Net income: €3.40b (up 26% from FY 2022). Profit margin: 30% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • Nov 11KBC Group NV to Pay Interim Dividend, Payable on 15 November 2023KBC Group NV will pay out an interim dividend of 1 euro per share on 15 November 2023 as an advance on the total dividend for financial year 2023.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: €2.07 (vs €1.77 in 3Q 2022)Third quarter 2023 results: EPS: €2.07 (up from €1.77 in 3Q 2022). Revenue: €2.68b (up 11% from 3Q 2022). Net income: €877.0m (up 17% from 3Q 2022). Profit margin: 33% (up from 31% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Nov 06Upcoming dividend of €0.70 per share at 7.4% yieldEligible shareholders must have bought the stock before 13 November 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 7.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.5%).New Risk • Oct 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.08% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Sep 03+ 5 more updatesKBC Group NV to Report Q4, 2024 Results on Feb 13, 2025KBC Group NV announced that they will report Q4, 2024 results at 7:00 AM, Central European Standard Time on Feb 13, 2025공시 • Aug 23KBC Group NV (ENXTBR:KBC) commences an Equity Buyback Plan for 41,688,359 shares, representing 10% of its issued share capital, under the authorization approved on May 5, 2022.KBC Group NV (ENXTBR:KBC) commences share repurchases on August 11, 2023 under the program mandated by the shareholders in the Annual General Meeting held on May 5, 2022. As per the mandate, the company is authorized to repurchase up to 41,688,359 shares, representing 10% of its issued share capital. The shares will be repurchased at a price per share not exceeding the last closing price on Euronext Brussels prior to the date of acquisition, plus 10%, and not lower than €1 per share. The plan will be valid for 4 years. As of May 5, 2022, the company had 416,883,592 shares outstanding. On August 10, 2023, the company announced a share repurchase program after receiving approval from ECB. Under the program, the company will repurchase €1,300 million worth of shares. The purpose of the program is distributing the surplus capital. The repurchases will take place from August 11, 2023, until July 31, 2024.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: €2.29 (vs €2.10 in 2Q 2022)Second quarter 2023 results: EPS: €2.29 (up from €2.10 in 2Q 2022). Revenue: €2.80b (up 11% from 2Q 2022). Net income: €966.0m (up 8.9% from 2Q 2022). Profit margin: 35% (in line with 2Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Aug 10KBC Group NV Announces Interim DividendKBC Group NV announced that In line with its general dividend policy, it will also pay out an interim dividend of EUR 1 per share in November 2023 as an advance on the total dividend for financial year 2023.공시 • Jul 01KBC Group NV (ENXTBR:KBC) agreed to acquire 50% stake in Digital & Legal s.r.o. oKBC Group NV (ENXTBR:KBC) agreed to acquire 50% stake in Digital & Legal s.r.o. on June 29, 2023. KBC will acquire a 50% stake in Digital & Legal, with the option to acquire the remaining shares at a later stage.공시 • Jun 22+ 1 more updateKBC Group NV to Report Q3, 2023 Results on Nov 09, 2023KBC Group NV announced that they will report Q3, 2023 results at 7:00 AM, Central European Standard Time on Nov 09, 2023Reported Earnings • May 17First quarter 2023 earnings released: EPS: €2.08 (vs €1.05 in 1Q 2022)First quarter 2023 results: EPS: €2.08 (up from €1.05 in 1Q 2022). Revenue: €3.08b (up 45% from 1Q 2022). Net income: €882.0m (up 104% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • May 06KBC Group NV Decides for the Financial Year Ending on 31 December 2022, Payable on 11 May 2023The Annual General Meeting of KBC Group NV 4 May 2023 has decided to pay a gross dividend of EUR 4 per share for the financial year ending on 31 December 2022. Ex-coupon date is 9 May 2023. Record date is 10 May 2023. Payment date is 11 May 2023.Upcoming Dividend • May 02Upcoming dividend of €2.10 per share at 6.2% yieldEligible shareholders must have bought the stock before 09 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.5%). In line with average of industry peers (6.1%).Reported Earnings • Apr 08Full year 2022 earnings released: EPS: €6.46 (vs €6.15 in FY 2021)Full year 2022 results: EPS: €6.46 (up from €6.15 in FY 2021). Revenue: €8.23b (up 4.1% from FY 2021). Net income: €2.69b (up 5.0% from FY 2021). Profit margin: 33% (in line with FY 2021). Net interest margin (NIM): 1.96% (up from 1.81% in FY 2021). Cost-to-income ratio: 49.0% (down from 51.0% in FY 2021). Non-performing loans: 2.39% (down from 3.26% in FY 2021). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: €6.75 (vs €6.15 in FY 2021)Full year 2022 results: EPS: €6.75 (up from €6.15 in FY 2021). Revenue: €8.46b (up 7.0% from FY 2021). Net income: €2.81b (up 9.8% from FY 2021). Profit margin: 33% (in line with FY 2021). Net interest margin (NIM): 1.96% (up from 1.81% in FY 2021). Cost-to-income ratio: 48.0% (down from 51.0% in FY 2021). Non-performing loans: 2.39% (down from 3.26% in FY 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Dec 07KBC Group NV to Report Q2, 2023 Results on Aug 10, 2023KBC Group NV announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Aug 10, 2023공시 • Nov 22KBC Group NV to Report Q1, 2023 Results on May 16, 2023KBC Group NV announced that they will report Q1, 2023 results at 7:00 AM, Central European Standard Time on May 16, 2023공시 • Nov 18KBC Group NV to Report Fiscal Year 2022 Results on Apr 03, 2023KBC Group NV announced that they will report fiscal year 2022 results on Apr 03, 2023Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €1.83 (vs €1.44 in 3Q 2021)Third quarter 2022 results: EPS: €1.83 (up from €1.44 in 3Q 2021). Revenue: €2.03b (up 3.6% from 3Q 2021). Net income: €776.0m (up 29% from 3Q 2021). Profit margin: 38% (up from 31% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Nov 07Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 14 November 2022. Payment date: 16 November 2022. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.4%).Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: €1.92 (vs €1.84 in 2Q 2021)Second quarter 2022 results: EPS: €1.92 (up from €1.84 in 2Q 2021). Revenue: €2.11b (up 6.7% from 2Q 2021). Net income: €811.0m (up 3.8% from 2Q 2021). Profit margin: 38% (down from 39% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.1%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • May 14First quarter 2022 earnings released: EPS: €1.07 (vs €1.30 in 1Q 2021)First quarter 2022 results: EPS: €1.07 (down from €1.30 in 1Q 2021). Revenue: €2.13b (up 6.0% from 1Q 2021). Net income: €458.0m (down 14% from 1Q 2021). Profit margin: 22% (down from 27% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.3%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €55.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total returns to shareholders of 6.7% over the past three years.Upcoming Dividend • May 03Upcoming dividend of €6.70 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 9.3%. Within top quartile of German dividend payers (4.1%). Higher than average of industry peers (6.5%).Reported Earnings • Apr 06Full year 2021 earnings released: EPS: €6.15 (vs €3.34 in FY 2020)Full year 2021 results: EPS: €6.15 (up from €3.34 in FY 2020). Revenue: €7.91b (up 29% from FY 2020). Net income: €2.56b (up 85% from FY 2020). Profit margin: 32% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.81% (down from 1.84% in FY 2020). Cost-to-income ratio: 51.0% (down from 57.0% in FY 2020). Non-performing loans: 3.26% (down from 3.56% in FY 2020). Over the next year, revenue is forecast to stay flat compared to a 8.7% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €56.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total loss to shareholders of 1.3% over the past three years.Reported Earnings • Feb 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €6.15 (up from €3.34 in FY 2020). Revenue: €7.89b (up 29% from FY 2020). Net income: €2.56b (up 85% from FY 2020). Profit margin: 33% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.81% (down from 1.84% in FY 2020). Cost-to-income ratio: 51.0% (down from 59.1% in FY 2020). Non-performing loans: 3.25% (down from 3.56% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.5%, compared to a 12% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS €1.44 (vs €1.67 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €1.95b (up 7.1% from 3Q 2020). Net income: €601.0m (down 14% from 3Q 2020). Profit margin: 31% (down from 38% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Nov 08Upcoming dividend of €2.10 per shareEligible shareholders must have bought the stock before 15 November 2021. Payment date: 17 November 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%).Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS €1.87 (vs €0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €1.98b (up 66% from 2Q 2020). Net income: €793.0m (up 301% from 2Q 2020). Profit margin: 40% (up from 17% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • May 12First quarter 2021 earnings released: EPS €1.31 (vs €0.078 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.01b (up 48% from 1Q 2020). Net income: €557.0m (up €587.0m from 1Q 2020). Profit margin: 28% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Executive Departure • May 11CFO & Executive Director has left the companyOn the 6th of May, Hendrik Scheerlinck's tenure as CFO & Executive Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Hendrik's name. A total of 2 executives have left over the last 12 months.Upcoming Dividend • May 10Upcoming dividend of €0.31 per shareEligible shareholders must have bought the stock before 17 May 2021. Payment date: 19 May 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.7%).Executive Departure • May 08Chief Executive Officer of Belgium Business Unit Daniel Falque has left the companyOn the 7th of May, Daniel Falque, was replaced as CEO by Johan Thijs after 9.0 years in the role. We don't have any record of a personal shareholding under Daniel's name. Daniel is the only executive to leave the company over the last 12 months. Under Daniel's leadership, the company delivered a total shareholder return of 462%.Reported Earnings • Apr 04Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.12b (down 17% from FY 2019). Net income: €1.39b (down 43% from FY 2019). Profit margin: 23% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 1.84% (down from 1.95% in FY 2019). Cost-to-income ratio: 59.1% (up from 58.3% in FY 2019). Non-performing loans: 3.56% (down from 3.82% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 13Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.12b (down 17% from FY 2019). Net income: €1.44b (down 41% from FY 2019). Profit margin: 24% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 04New 90-day high: €61.82The company is up 31% from its price of €47.20 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.85 per share.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS €1.64The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €1.82b (up 2.6% from 3Q 2019). Net income: €697.0m (up 14% from 3Q 2019). Profit margin: 38% (up from 35% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 16%, compared to a 20% growth forecast for the Banks industry in Germany.Is New 90 Day High Low • Oct 30New 90-day low: €41.83The company is down 15% from its price of €49.22 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.02 per share.Is New 90 Day High Low • Oct 02New 90-day low: €42.02The company is down 19% from its price of €51.80 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.53 per share.공시 • Sep 18KBC Group NV, KBC Bank NV and KBC Insurance NV Announces Executive ChangesDuring its meeting of 17 September 2020, the Board of Directors of KBC Group NV appointed Mr. Koenraad Debackere as Chairman of the Board of Directors of KBC Group NV, KBC Bank NV and KBC Insurance NV, succeeding Thomas Leysen who ended his term office at the General Meeting of 7 May 2020. Koenraad is a Professor at the Faculty of Economics and Business Administration at KU Leuven. In addition, he has held visiting lectureships at various European universities. As Managing Director he is also board member of KU Leuven. Koenraad has held directorships at various technology companies, as well as at the Gemma Frisius Fonds NV, Essenscia Innovation Fonds NV and LRM NV investment funds. Koenraad Debackere was Non-Executive Director at KBC Group NV and KBC Insurance NV until the General Meeting of 7 May 2020.이익 및 매출 성장 예측DB:KDB - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202815,3684,831N/AN/A812/31/202714,4364,391N/AN/A912/31/202613,4913,934N/AN/A93/31/202612,1103,454-10,502-9,099N/A12/31/202511,9253,4512,8354,201N/A9/30/202511,8153,6013,1354,508N/A6/30/202511,5483,4676,2467,624N/A3/31/202511,1263,393-1,611-238N/A12/31/202410,9403,3318,4809,848N/A9/30/202410,8352,892-15,445-14,159N/A6/30/202410,7882,901-19,837-18,597N/A3/31/202410,8452,9422,9834,294N/A12/31/202311,2393,338-21,549-20,194N/A9/30/202310,8553,399-8,925-7,581N/A6/30/202310,5913,274-15,288-14,040N/A3/31/202310,3143,198-29,086-28,098N/A12/31/20229,7322,7689,87410,791N/A9/30/20229,4012,704-4,706-3,961N/A6/30/20228,9352,553-2,411-1,627N/A3/31/20228,4012,45912,48513,365N/A12/31/20217,9052,56413,13314,043N/A9/30/20217,6872,43930,94331,873N/A6/30/20217,5582,53551,72952,681N/A3/31/20216,7691,95251,61552,599N/A12/31/20206,1221,39025,41626,369N/A9/30/20206,3401,55425,49426,901N/A6/30/20206,2931,46919,19620,527N/A3/31/20206,9772,005-9,130-7,894N/A12/31/20197,4072,433N/A-2,462N/A9/30/20197,2292,345N/A-19,899N/A6/30/20197,3492,434N/A-15,724N/A3/31/20197,3932,369N/A-13,764N/A12/31/20187,5552,494N/A-7,962N/A9/30/20187,5692,279N/A4,404N/A6/30/20187,5562,269N/A2,297N/A3/31/20187,6892,442N/A15,041N/A12/31/20177,6612,523N/A12,863N/A9/30/20177,7042,809N/A8,414N/A6/30/20177,5242,747N/A11,838N/A3/31/20177,2902,613N/A7,942N/A12/31/20167,0352,375N/A2,970N/A9/30/20166,6361,553N/A-1,747N/A6/30/20166,6221,524N/A-5,332N/A3/31/20166,6671,469N/A290N/A12/31/20156,7871,587N/A1,140N/A9/30/20156,9991,833N/A-5,424N/A6/30/20156,8671,841N/A-2,947N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: KDB 의 연간 예상 수익 증가율(10.9%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: KDB 의 연간 수익(10.9%)이 German 시장(17%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: KDB 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: KDB 의 수익(연간 7.8%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: KDB 의 수익(연간 7.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: KDB의 자본 수익률은 3년 후 16.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 19:13종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스KBC Group NV는 34명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Juan Lopez CoboBanco SantanderFlora Benhakoun BocahutBarclaysKirishanthan VijayarajahBarclays31명의 분석가 더 보기
공시 • May 13KBC Group NV Approves Final Dividend for 2025, Payable on 20 May 2026KBC Group NV announced as approved by the General Meeting of Shareholders on 7 May 2026, it will pay a final dividend of EUR 4.1 per share on 20 May 2026, bringing the total dividend for full-year 2025 to EUR 5.1 per share and the pay-out ratio to 60% of 2025 net profit.
공시 • Apr 02KBC Group NV, Annual General Meeting, May 07, 2026KBC Group NV, Annual General Meeting, May 07, 2026, at 10:00 Romance Standard Time.
공시 • Feb 12KBC Group NV Proposes Dividend for the Accounting Year 2025, Payable in May 2026KBC Group NV's Board of Directors has decided to propose a total gross dividend of EUR 5.1 per share to the General Meeting of Shareholders for the accounting year 2025. That figure includes an interim dividend of EUR 1 per share that was already paid in November 2025 and the remaining EUR 4.1 per share to be paid in May 2026. When including the proposed dividend of EUR 5.1 per share and additional tier-1 coupon, the pay-out ratio amounts to 60% of 2025 net profit.
공시 • Nov 24KBC Group NV to Report Fiscal Year 2025 Results on Apr 01, 2026KBC Group NV announced that they will report fiscal year 2025 results at 12:00 PM, Central European Standard Time on Apr 01, 2026
공시 • Sep 23+ 1 more updateKBC Reportedly Investigates ABN Amro TakeoverKBC Group NV (ENXTBR:KBC) is exploring a possible acquisition of its Dutch competitor, ABN Amro (ABN AMRO Bank N.V. (ENXTAM:ABN)), as part of plans to strengthen its position in Europe, sources close to the deal told Bloomberg. The Brussels-based bank is in the early stages of reviewing the feasibility of a deal, the sources said. They requested anonymity due to the confidential information involved, saying the Belgian bank is still discussing the potential internally and no decision has been made. “Referring to KBC Group’s earlier and repeated statements about its strategy, we are continuously monitoring the market to identify opportunities that strengthen our strategic goals, and we are committed to pursuing financially sound and sustainable growth,” a bank spokesperson told Bloomberg. ABN Amro declined to comment, but this is not the first time rumors have circulated about a potential takeover of the bank. BNP Paribas and Deutsche Bank have also considered ABN Amro as a potential acquisition target in recent years.
공시 • Jul 11+ 2 more updatesKBC Group NV to Report Q3, 2026 Results on Nov 12, 2026KBC Group NV announced that they will report Q3, 2026 results at 7:00 AM, Central European Standard Time on Nov 12, 2026
공시 • Apr 02KBC Group NV, Annual General Meeting, Apr 30, 2025KBC Group NV, Annual General Meeting, Apr 30, 2025, at 10:00 Romance Standard Time.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: €2.14 (vs €2.07 in 3Q 2023)Third quarter 2024 results: EPS: €2.14. Revenue: €2.73b (up 1.8% from 3Q 2023). Net income: €868.0m (down 1.0% from 3Q 2023). Profit margin: 32% (in line with 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe.
공시 • Nov 07KBC Group NV to Report Fiscal Year 2024 Final Results on Mar 31, 2025KBC Group NV announced that they will report fiscal year 2024 final results on Mar 31, 2025
Upcoming Dividend • Nov 05Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 12 November 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.2%).
공시 • Aug 22+ 3 more updatesKBC Group NV to Report Q2, 2025 Results on Aug 07, 2025KBC Group NV announced that they will report Q2, 2025 results at 7:00 AM, Central European Standard Time on Aug 07, 2025
Declared Dividend • Aug 14Dividend of €0.70 announcedShareholders will receive a dividend of €0.70. Ex-date: 12th November 2024 Payment date: 14th November 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (58% payout ratio) and is expected to be covered in 3 years' time (61% forecast payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: €2.25 (vs €2.29 in 2Q 2023)Second quarter 2024 results: EPS: €2.25 (down from €2.29 in 2Q 2023). Revenue: €2.74b (down 2.1% from 2Q 2023). Net income: €925.0m (down 2.7% from 2Q 2023). Profit margin: 34% (in line with 2Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Aug 08+ 1 more updateKBC Group NV to Pay Interim Dividend, Payable in November 2024KBC Group NV announced that in line with its general dividend policy, it will pay an interim dividend of EUR 1 per share in November 2024 as an advance on the total dividend for financial year 2024.
공시 • May 18KBC Group NV Declares Extraordinary Interim Dividend, Payable on 29 May 2024KBC Group NV announced that in line with its announced capital deployment plan for full-year 2023, the Board of Directors has also decided to distribute the surplus capital above a fully loaded common equity ratio of 15% (approximately EUR 280 million) in the form of an extraordinary interim dividend of EUR 0.70 per share on 29 May 2024.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: €1.19 (vs €2.08 in 1Q 2023)First quarter 2024 results: EPS: €1.19 (down from €2.08 in 1Q 2023). Revenue: €2.69b (down 13% from 1Q 2023). Net income: €481.0m (down 44% from 1Q 2023). Profit margin: 18% (down from 28% in 1Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • May 03Kbc Group Nv Approves to Pay A Gross Dividend for the Financial Year Ending on 31 December 2023, Payable on 15 May 2024KBC Group NV announced that the Annual General Meeting of 2 May 2024 has decided to pay a gross dividend of 4.15 euros per share for the financial year ending on 31 December 2023. Further to the payment of an interim dividend in the sum of 1 euro per share on 15 November 2023, the gross final dividend will be 3.15 euros per dividend entitled share (2.205 euros after the deduction of 30% withholding tax). Relevant dates are: Ex-coupon date: 13 May 2024. Record date: 14 May 2024. Pay date: 15 May 2024.
Reported Earnings • Apr 04Full year 2023 earnings released: EPS: €8.04 (vs €6.64 in FY 2022)Full year 2023 results: EPS: €8.04 (up from €6.64 in FY 2022). Revenue: €11.2b (up 15% from FY 2022). Net income: €3.34b (up 21% from FY 2022). Profit margin: 30% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.05% (up from 1.96% in FY 2022). Cost-to-income ratio: 49.0% (no change from 49.0% in FY 2022). Non-performing loans: 2.27% (down from 2.39% in FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 11Final dividend of €2.21 announcedShareholders will receive a dividend of €2.21. Ex-date: 13th May 2024 Payment date: 15th May 2024 Dividend yield will be 4.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (62% forecast payout ratio). The dividend has increased by an average of 8.4% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to decline by 2.6% over the next 3 years. However, it would need to fall by 43% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Feb 08Full year 2023 earnings released: EPS: €8.04 (vs €6.46 in FY 2022)Full year 2023 results: EPS: €8.04 (up from €6.46 in FY 2022). Revenue: €11.2b (up 37% from FY 2022). Net income: €3.40b (up 26% from FY 2022). Profit margin: 30% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • Nov 11KBC Group NV to Pay Interim Dividend, Payable on 15 November 2023KBC Group NV will pay out an interim dividend of 1 euro per share on 15 November 2023 as an advance on the total dividend for financial year 2023.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: €2.07 (vs €1.77 in 3Q 2022)Third quarter 2023 results: EPS: €2.07 (up from €1.77 in 3Q 2022). Revenue: €2.68b (up 11% from 3Q 2022). Net income: €877.0m (up 17% from 3Q 2022). Profit margin: 33% (up from 31% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Nov 06Upcoming dividend of €0.70 per share at 7.4% yieldEligible shareholders must have bought the stock before 13 November 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 7.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.5%).
New Risk • Oct 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.08% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Sep 03+ 5 more updatesKBC Group NV to Report Q4, 2024 Results on Feb 13, 2025KBC Group NV announced that they will report Q4, 2024 results at 7:00 AM, Central European Standard Time on Feb 13, 2025
공시 • Aug 23KBC Group NV (ENXTBR:KBC) commences an Equity Buyback Plan for 41,688,359 shares, representing 10% of its issued share capital, under the authorization approved on May 5, 2022.KBC Group NV (ENXTBR:KBC) commences share repurchases on August 11, 2023 under the program mandated by the shareholders in the Annual General Meeting held on May 5, 2022. As per the mandate, the company is authorized to repurchase up to 41,688,359 shares, representing 10% of its issued share capital. The shares will be repurchased at a price per share not exceeding the last closing price on Euronext Brussels prior to the date of acquisition, plus 10%, and not lower than €1 per share. The plan will be valid for 4 years. As of May 5, 2022, the company had 416,883,592 shares outstanding. On August 10, 2023, the company announced a share repurchase program after receiving approval from ECB. Under the program, the company will repurchase €1,300 million worth of shares. The purpose of the program is distributing the surplus capital. The repurchases will take place from August 11, 2023, until July 31, 2024.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: €2.29 (vs €2.10 in 2Q 2022)Second quarter 2023 results: EPS: €2.29 (up from €2.10 in 2Q 2022). Revenue: €2.80b (up 11% from 2Q 2022). Net income: €966.0m (up 8.9% from 2Q 2022). Profit margin: 35% (in line with 2Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Aug 10KBC Group NV Announces Interim DividendKBC Group NV announced that In line with its general dividend policy, it will also pay out an interim dividend of EUR 1 per share in November 2023 as an advance on the total dividend for financial year 2023.
공시 • Jul 01KBC Group NV (ENXTBR:KBC) agreed to acquire 50% stake in Digital & Legal s.r.o. oKBC Group NV (ENXTBR:KBC) agreed to acquire 50% stake in Digital & Legal s.r.o. on June 29, 2023. KBC will acquire a 50% stake in Digital & Legal, with the option to acquire the remaining shares at a later stage.
공시 • Jun 22+ 1 more updateKBC Group NV to Report Q3, 2023 Results on Nov 09, 2023KBC Group NV announced that they will report Q3, 2023 results at 7:00 AM, Central European Standard Time on Nov 09, 2023
Reported Earnings • May 17First quarter 2023 earnings released: EPS: €2.08 (vs €1.05 in 1Q 2022)First quarter 2023 results: EPS: €2.08 (up from €1.05 in 1Q 2022). Revenue: €3.08b (up 45% from 1Q 2022). Net income: €882.0m (up 104% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • May 06KBC Group NV Decides for the Financial Year Ending on 31 December 2022, Payable on 11 May 2023The Annual General Meeting of KBC Group NV 4 May 2023 has decided to pay a gross dividend of EUR 4 per share for the financial year ending on 31 December 2022. Ex-coupon date is 9 May 2023. Record date is 10 May 2023. Payment date is 11 May 2023.
Upcoming Dividend • May 02Upcoming dividend of €2.10 per share at 6.2% yieldEligible shareholders must have bought the stock before 09 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.5%). In line with average of industry peers (6.1%).
Reported Earnings • Apr 08Full year 2022 earnings released: EPS: €6.46 (vs €6.15 in FY 2021)Full year 2022 results: EPS: €6.46 (up from €6.15 in FY 2021). Revenue: €8.23b (up 4.1% from FY 2021). Net income: €2.69b (up 5.0% from FY 2021). Profit margin: 33% (in line with FY 2021). Net interest margin (NIM): 1.96% (up from 1.81% in FY 2021). Cost-to-income ratio: 49.0% (down from 51.0% in FY 2021). Non-performing loans: 2.39% (down from 3.26% in FY 2021). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: €6.75 (vs €6.15 in FY 2021)Full year 2022 results: EPS: €6.75 (up from €6.15 in FY 2021). Revenue: €8.46b (up 7.0% from FY 2021). Net income: €2.81b (up 9.8% from FY 2021). Profit margin: 33% (in line with FY 2021). Net interest margin (NIM): 1.96% (up from 1.81% in FY 2021). Cost-to-income ratio: 48.0% (down from 51.0% in FY 2021). Non-performing loans: 2.39% (down from 3.26% in FY 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Dec 07KBC Group NV to Report Q2, 2023 Results on Aug 10, 2023KBC Group NV announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Aug 10, 2023
공시 • Nov 22KBC Group NV to Report Q1, 2023 Results on May 16, 2023KBC Group NV announced that they will report Q1, 2023 results at 7:00 AM, Central European Standard Time on May 16, 2023
공시 • Nov 18KBC Group NV to Report Fiscal Year 2022 Results on Apr 03, 2023KBC Group NV announced that they will report fiscal year 2022 results on Apr 03, 2023
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €1.83 (vs €1.44 in 3Q 2021)Third quarter 2022 results: EPS: €1.83 (up from €1.44 in 3Q 2021). Revenue: €2.03b (up 3.6% from 3Q 2021). Net income: €776.0m (up 29% from 3Q 2021). Profit margin: 38% (up from 31% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Nov 07Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 14 November 2022. Payment date: 16 November 2022. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.4%).
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: €1.92 (vs €1.84 in 2Q 2021)Second quarter 2022 results: EPS: €1.92 (up from €1.84 in 2Q 2021). Revenue: €2.11b (up 6.7% from 2Q 2021). Net income: €811.0m (up 3.8% from 2Q 2021). Profit margin: 38% (down from 39% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.1%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • May 14First quarter 2022 earnings released: EPS: €1.07 (vs €1.30 in 1Q 2021)First quarter 2022 results: EPS: €1.07 (down from €1.30 in 1Q 2021). Revenue: €2.13b (up 6.0% from 1Q 2021). Net income: €458.0m (down 14% from 1Q 2021). Profit margin: 22% (down from 27% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.3%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €55.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total returns to shareholders of 6.7% over the past three years.
Upcoming Dividend • May 03Upcoming dividend of €6.70 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 9.3%. Within top quartile of German dividend payers (4.1%). Higher than average of industry peers (6.5%).
Reported Earnings • Apr 06Full year 2021 earnings released: EPS: €6.15 (vs €3.34 in FY 2020)Full year 2021 results: EPS: €6.15 (up from €3.34 in FY 2020). Revenue: €7.91b (up 29% from FY 2020). Net income: €2.56b (up 85% from FY 2020). Profit margin: 32% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.81% (down from 1.84% in FY 2020). Cost-to-income ratio: 51.0% (down from 57.0% in FY 2020). Non-performing loans: 3.26% (down from 3.56% in FY 2020). Over the next year, revenue is forecast to stay flat compared to a 8.7% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €56.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total loss to shareholders of 1.3% over the past three years.
Reported Earnings • Feb 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €6.15 (up from €3.34 in FY 2020). Revenue: €7.89b (up 29% from FY 2020). Net income: €2.56b (up 85% from FY 2020). Profit margin: 33% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.81% (down from 1.84% in FY 2020). Cost-to-income ratio: 51.0% (down from 59.1% in FY 2020). Non-performing loans: 3.25% (down from 3.56% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.5%, compared to a 12% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS €1.44 (vs €1.67 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €1.95b (up 7.1% from 3Q 2020). Net income: €601.0m (down 14% from 3Q 2020). Profit margin: 31% (down from 38% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Nov 08Upcoming dividend of €2.10 per shareEligible shareholders must have bought the stock before 15 November 2021. Payment date: 17 November 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%).
Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS €1.87 (vs €0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €1.98b (up 66% from 2Q 2020). Net income: €793.0m (up 301% from 2Q 2020). Profit margin: 40% (up from 17% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • May 12First quarter 2021 earnings released: EPS €1.31 (vs €0.078 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.01b (up 48% from 1Q 2020). Net income: €557.0m (up €587.0m from 1Q 2020). Profit margin: 28% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Executive Departure • May 11CFO & Executive Director has left the companyOn the 6th of May, Hendrik Scheerlinck's tenure as CFO & Executive Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Hendrik's name. A total of 2 executives have left over the last 12 months.
Upcoming Dividend • May 10Upcoming dividend of €0.31 per shareEligible shareholders must have bought the stock before 17 May 2021. Payment date: 19 May 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.7%).
Executive Departure • May 08Chief Executive Officer of Belgium Business Unit Daniel Falque has left the companyOn the 7th of May, Daniel Falque, was replaced as CEO by Johan Thijs after 9.0 years in the role. We don't have any record of a personal shareholding under Daniel's name. Daniel is the only executive to leave the company over the last 12 months. Under Daniel's leadership, the company delivered a total shareholder return of 462%.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.12b (down 17% from FY 2019). Net income: €1.39b (down 43% from FY 2019). Profit margin: 23% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 1.84% (down from 1.95% in FY 2019). Cost-to-income ratio: 59.1% (up from 58.3% in FY 2019). Non-performing loans: 3.56% (down from 3.82% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 13Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.12b (down 17% from FY 2019). Net income: €1.44b (down 41% from FY 2019). Profit margin: 24% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 04New 90-day high: €61.82The company is up 31% from its price of €47.20 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.85 per share.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS €1.64The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €1.82b (up 2.6% from 3Q 2019). Net income: €697.0m (up 14% from 3Q 2019). Profit margin: 38% (up from 35% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 16%, compared to a 20% growth forecast for the Banks industry in Germany.
Is New 90 Day High Low • Oct 30New 90-day low: €41.83The company is down 15% from its price of €49.22 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.02 per share.
Is New 90 Day High Low • Oct 02New 90-day low: €42.02The company is down 19% from its price of €51.80 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.53 per share.
공시 • Sep 18KBC Group NV, KBC Bank NV and KBC Insurance NV Announces Executive ChangesDuring its meeting of 17 September 2020, the Board of Directors of KBC Group NV appointed Mr. Koenraad Debackere as Chairman of the Board of Directors of KBC Group NV, KBC Bank NV and KBC Insurance NV, succeeding Thomas Leysen who ended his term office at the General Meeting of 7 May 2020. Koenraad is a Professor at the Faculty of Economics and Business Administration at KU Leuven. In addition, he has held visiting lectureships at various European universities. As Managing Director he is also board member of KU Leuven. Koenraad has held directorships at various technology companies, as well as at the Gemma Frisius Fonds NV, Essenscia Innovation Fonds NV and LRM NV investment funds. Koenraad Debackere was Non-Executive Director at KBC Group NV and KBC Insurance NV until the General Meeting of 7 May 2020.