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South Korean (KOSPI) Banks Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies13
  • 7D-1.9%
  • 3M13.4%
  • 1Y68.1%
  • YTD14.8%

Over the last 7 days, the Banks industry has dropped 1.9%, driven by a pullback from KB Financial Group of 2.5%. Over the past 12 months, the industry was up 68%. As for the next few years, earnings are expected to grow by 7.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026₩192.4t₩73.1t₩22.3t7.8x8.6x2.6x
Fri, 20 Feb 2026₩220.6t₩76.6t₩22.5t9.4x9.8x2.9x
Sun, 18 Jan 2026₩169.5t₩77.3t₩21.8t6.7x7.8x2.2x
Tue, 16 Dec 2025₩166.7t₩77.3t₩21.8t6.6x7.7x2.2x
Thu, 13 Nov 2025₩173.2t₩66.7t₩22.5t6.7x7.7x2.6x
Sat, 11 Oct 2025₩155.3t₩74.2t₩21.2t6.7x7.3x2.1x
Mon, 08 Sep 2025₩149.2t₩74.2t₩21.2t6.7x7x2x
Wed, 06 Aug 2025₩155.3t₩74.8t₩20.9t7.2x7.4x2.1x
Fri, 04 Jul 2025₩154.8t₩74.6t₩20.6t6.8x7.5x2.1x
Sun, 01 Jun 2025₩134.0t₩71.2t₩20.6t6x6.5x1.9x
Tue, 29 Apr 2025₩117.2t₩64.0t₩20.9t5.2x5.6x1.8x
Thu, 27 Mar 2025₩117.4t₩70.1t₩20.2t5.1x5.8x1.7x
Sat, 22 Feb 2025₩118.1t₩69.7t₩20.7t5.3x5.7x1.7x
Mon, 20 Jan 2025₩116.4t₩70.6t₩19.2t5.5x6.1x1.6x
Wed, 18 Dec 2024₩115.0t₩22.3t₩6.3t4.7x18.3x5.2x
Fri, 15 Nov 2024₩120.1t₩68.0t₩18.5t5.6x6.5x1.8x
Sun, 13 Oct 2024₩121.5t₩69.6t₩18.4t5.2x6.6x1.7x
Tue, 10 Sep 2024₩116.1t₩69.6t₩18.6t5.2x6.3x1.7x
Thu, 08 Aug 2024₩114.1t₩77.0t₩18.4t4.9x6.2x1.5x
Sat, 06 Jul 2024₩120.0t₩68.1t₩17.8t5.3x6.7x1.8x
Mon, 03 Jun 2024₩111.4t₩67.9t₩18.3t4.9x6.1x1.6x
Wed, 01 May 2024₩110.4t₩68.4t₩18.7t4.9x5.9x1.6x
Fri, 29 Mar 2024₩110.4t₩67.7t₩18.9t4.9x5.8x1.6x
Sun, 25 Feb 2024₩107.9t₩146.4t₩20.0t4.6x5.4x0.7x
Tue, 23 Jan 2024₩87.8t₩133.3t₩19.8t3.5x4.4x0.7x
Thu, 21 Dec 2023₩91.4t₩133.3t₩19.7t3.5x4.6x0.7x
Sat, 18 Nov 2023₩87.6t₩137.1t₩21.2t3.5x4.1x0.6x
Mon, 16 Oct 2023₩88.9t₩97.8t₩19.8t3.6x4.5x0.9x
Wed, 13 Sep 2023₩87.2t₩97.8t₩19.8t3.4x4.4x0.9x
Fri, 11 Aug 2023₩84.0t₩134.4t₩21.4t3.1x3.9x0.6x
Sun, 09 Jul 2023₩78.3t₩96.6t₩20.0t3.1x3.9x0.8x
Tue, 06 Jun 2023₩84.7t₩96.6t₩20.0t3.3x4.2x0.9x
Thu, 04 May 2023₩81.7t₩134.7t₩20.1t3.5x4.1x0.6x
Sat, 01 Apr 2023₩82.6t₩92.6t₩19.8t3.4x4.2x0.9x
Price to Earnings Ratio

4.2x


Total Market Cap: ₩82.6tTotal Earnings: ₩19.8tTotal Revenue: ₩92.6tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Banks Industry Price to Earnings3Y Average 6x202420252026
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 8.6x which is higher than its 3-year average PE of 6.0x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 3.9% per year over the last three years.
  • Meanwhile revenues for these companies have declined 7.6% 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 Market-1.56%
Financials-2.72%
Banks-1.92%
Regional Banks-1.17%
Diversified Banks-2.01%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 7.4x.
    • Analysts are expecting annual earnings growth of 11.8%, which is lower than the prior year's growth of 21.5% 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 5.9x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 21% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.2% 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
A323410 KakaoBank₩24.60k0.4%
+₩47.7b		6.3%PB1.7x
A139130 iM Financial Group₩17.08k0.5%
+₩14.3b		89.6%PB0.4x

Latest News

A316140
₩33,000.00
Woori Financial Group
7D
-1.5%
1Y
95.3%
A323410
₩24,600.00
KakaoBank
7D
0.4%
1Y
6.3%

A323410: Dividend And Higher Future P/E Will Keep Shares Fairly Priced

Analysts have kept their KakaoBank fair value estimate unchanged at ₩22,000. They explain the flat price target as the result of offsetting changes in key assumptions, including a slightly lower discount rate, a shift from 9.35% revenue growth to a 1.21% decline, a modestly higher profit margin at about 42.28%, and a higher assumed future P/E of roughly 19.91x.
A055550
₩92,500.00
Shinhan Financial Group
7D
-2.6%
1Y
90.7%

A055550: Buyback And Rising Payout Will Support Stronger Shareholder Returns

Analysts have raised their fair value estimate for Shinhan Financial Group from about ₩90,474 to about ₩110,805. They cite updated assumptions that include a slightly lower discount rate, a modestly higher revenue growth outlook, a marginally lower profit margin, and a higher future P/E multiple.
A086790
₩108,900.00
Hana Financial Group
7D
-4.9%
1Y
75.6%

A086790: Future Buybacks Will Mask Weak Earnings Quality And Richer P E Multiple

Analysts now estimate fair value for Hana Financial Group at about ₩94,844, compared with the prior ₩88,514. This reflects updated assumptions around revenue growth, profit margins, and a modestly higher future P/E multiple.
A105560
₩149,800.00
KB Financial Group
7D
-3.2%
1Y
83.1%

A105560: Future Buybacks And Rising Dividends Will Support Upside Potential

Analysts have adjusted their price target for KB Financial Group to ₩177,930 from ₩166,026, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future price-to-earnings (P/E) ratio. What's in the News The board proposes amendments to KB Financial Group's articles of incorporation for approval at the annual general meeting scheduled for March 26, 2026.
A279570
₩6,320.00
K BankLtd
7D
-9.1%
1Y
n/a
A024110
₩23,400.00
Industrial Bank of Korea
7D
-1.9%
1Y
49.5%
A139130
₩17,080.00
iM Financial Group
7D
0.5%
1Y
89.6%
A138930
₩18,500.00
BNK Financial Group
7D
-1.4%
1Y
78.7%
A175330
₩29,800.00
JB Financial Group
7D
-2.5%
1Y
72.5%