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South Korean (KOSPI) Banks Industry Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies13
  • 7D-1.3%
  • 3M3.8%
  • 1Y73.0%
  • YTD22.8%

Over the last 7 days, the Banks industry has dropped 1.3%, driven by Shinhan Financial Group declining 1.9%. This takes the industry's 12 month performance to a gain of 73%. As for the next few years, earnings are expected to grow by 7.5% per annum.

Industry Valuation and Performance

Has the South Korean Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 May 2026₩207.3t₩87.5t₩22.6t8.9x9.2x2.4x
Tue, 07 Apr 2026₩194.5t₩72.7t₩22.4t7.9x8.7x2.7x
Thu, 05 Mar 2026₩187.0t₩70.4t₩22.8t7.4x8.2x2.7x
Sat, 31 Jan 2026₩179.3t₩77.3t₩21.8t7.2x8.2x2.3x
Mon, 29 Dec 2025₩168.4t₩77.3t₩21.8t6.9x7.7x2.2x
Wed, 26 Nov 2025₩163.0t₩77.4t₩21.8t6.5x7.5x2.1x
Fri, 24 Oct 2025₩157.4t₩74.2t₩21.2t6.7x7.4x2.1x
Sun, 21 Sep 2025₩160.6t₩74.2t₩21.2t7.1x7.6x2.2x
Tue, 19 Aug 2025₩151.9t₩70.7t₩21.2t6.5x7.2x2.1x
Thu, 17 Jul 2025₩161.9t₩74.6t₩20.6t7.5x7.9x2.2x
Sat, 14 Jun 2025₩139.7t₩74.6t₩20.6t6.1x6.8x1.9x
Mon, 12 May 2025₩121.3t₩63.7t₩20.7t5.3x5.9x1.9x
Wed, 09 Apr 2025₩103.1t₩74.1t₩19.9t4.9x5.2x1.4x
Fri, 07 Mar 2025₩113.0t₩70.1t₩20.6t5.1x5.5x1.6x
Sun, 02 Feb 2025₩121.3t₩70.6t₩19.2t5.9x6.3x1.7x
Tue, 31 Dec 2024₩112.2t₩70.6t₩19.2t5x5.8x1.6x
Thu, 28 Nov 2024₩126.8t₩68.2t₩18.8t6.1x6.7x1.9x
Sat, 26 Oct 2024₩128.7t₩69.6t₩18.5t5.8x7x1.9x
Mon, 23 Sep 2024₩117.5t₩69.6t₩18.4t5.2x6.4x1.7x
Wed, 21 Aug 2024₩123.8t₩70.6t₩18.7t5.4x6.6x1.8x
Fri, 19 Jul 2024₩117.3t₩68.1t₩17.8t4.9x6.6x1.7x
Sun, 16 Jun 2024₩109.9t₩68.1t₩17.8t4.6x6.2x1.6x
Tue, 14 May 2024₩114.1t₩67.0t₩18.2t4.7x6.3x1.7x
Thu, 11 Apr 2024₩105.4t₩68.2t₩18.7t4.7x5.6x1.5x
Sat, 09 Mar 2024₩110.8t₩81.1t₩19.2t4.7x5.8x1.4x
Mon, 05 Feb 2024₩107.3t₩133.3t₩19.8t4.3x5.4x0.8x
Wed, 03 Jan 2024₩91.6t₩133.3t₩19.7t3.6x4.6x0.7x
Fri, 01 Dec 2023₩88.9t₩137.1t₩21.2t3.5x4.2x0.6x
Sun, 29 Oct 2023₩83.6t₩97.4t₩20.0t3.4x4.2x0.9x
Tue, 26 Sep 2023₩90.0t₩97.8t₩19.8t3.5x4.5x0.9x
Thu, 24 Aug 2023₩84.2t₩134.6t₩21.1t3.2x4x0.6x
Sat, 22 Jul 2023₩82.0t₩96.6t₩20.0t3.2x4.1x0.8x
Mon, 19 Jun 2023₩83.4t₩96.6t₩20.0t3.2x4.2x0.9x
Wed, 17 May 2023₩82.7t₩129.1t₩20.1t3.5x4.1x0.6x
Price to Earnings Ratio

4.1x


Total Market Cap: ₩82.7tTotal Earnings: ₩20.1tTotal Revenue: ₩129.1tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Banks Industry Price to Earnings3Y Average 6.2x202420252026
Current Industry PE
  • Investors are optimistic on the South Korean Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.2x which is higher than its 3-year average PE of 6.2x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 4.0% per year over the last three years.
  • Meanwhile revenues for these companies have declined 12% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the South Korean Financials industry?

KR Market12.51%
Financials4.93%
Banks-1.34%
Diversified Banks-1.16%
Regional Banks-2.88%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 7.8x.
    • Analysts are expecting annual earnings growth of 8.2%, which is lower than the prior year's growth of 22.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.1x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 8.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 23% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
A105560 KB Financial Group₩161.70k0.7%
+₩425.6b		75.8%PB1x
A007330 Pureun Savings Bank₩11.39k1.5%
+₩2.0b		35.0%n/a

Latest News

A138930
₩17,900.00
BNK Financial Group
7D
-4.4%
1Y
72.6%
A055550
₩98,000.00
Shinhan Financial Group
7D
-1.9%
1Y
93.3%
Narrative Update • May 07

A055550: Rising Cash Dividends And Higher Profitability Will Support Future Upside

Analysts now place Shinhan Financial Group's fair value at ₩136,000, up from ₩131,000. This reflects updated views on discount rates, revenue growth expectations, profit margins and the stock's forward P/E profile.
A323410
₩23,650.00
KakaoBank
7D
-2.9%
1Y
4.2%
Analysis Article • May 05

Should You Be Adding KakaoBank (KRX:323410) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
A086790
₩126,500.00
Hana Financial Group
7D
-1.1%
1Y
98.3%
Narrative Update • May 02

A086790: Future Buybacks Will Complicate P E Re Rating And Earnings Quality

Analysts have adjusted their price target for Hana Financial Group to ₩119,000 from ₩106,000, citing updated assumptions around revenue growth, profit margins, and future P/E levels. What's in the News On April 24, 2026, the Board of Directors authorized a new share buyback plan for Hana Financial Group Inc., signaling continued use of repurchases as a capital management tool (Key Developments).
A105560
₩161,700.00
KB Financial Group
7D
0.7%
1Y
75.8%
Narrative Update • Apr 30

A105560: Ongoing Share Buybacks And Dividends Will Support Future Upside Potential

The analyst price target for KB Financial Group has been revised from ₩182,650 to ₩194,250. Analysts attribute this change to updated assumptions about revenue growth, profit margins and future P/E, which they identify as the key drivers of the revision.
A175330
₩26,050.00
JB Financial Group
7D
-4.6%
1Y
50.6%
A316140
₩32,850.00
Woori Financial Group
7D
-1.5%
1Y
85.7%
Narrative Update • Apr 30

A316140: Lower Discount Rate And Capital Returns Will Support Higher Earnings Multiple

Analysts have raised their price target for Woori Financial Group from about ₩32,291 to about ₩40,972, citing updated assumptions that include higher projected revenue, a lower discount rate, and a slightly revised outlook for forward P/E and profit margins. What's in the News At the AGM on March 23, 2026, shareholders approved a year end dividend of ₩760 per share for the fiscal year ended December 31, 2025 (AGM resolution).
A024110
₩21,800.00
Industrial Bank of Korea
7D
-3.5%
1Y
43.9%
A279570
₩5,950.00
K BankLtd
7D
-4.3%
1Y
n/a
A007330
₩11,390.00
Pureun Savings Bank
7D
1.5%
1Y
35.0%