KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. More Details
No risks detected for KBC from our risk checks.
Adequate balance sheet and slightly overvalued.
Share Price & News
How has KBC Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KBC is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KBC's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: KBC exceeded the Belgian Banks industry which returned 55.5% over the past year.
Return vs Market: KBC exceeded the Belgian Market which returned 38.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is KBC Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShareholders May Be Wary Of Increasing KBC Group NV's (EBR:KBC) CEO Compensation Package
1 month ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of KBC Group NV (EBR:KBC) Shares?
3 months ago | Simply Wall StIntroducing KBC Group (EBR:KBC), A Stock That Climbed 29% In The Last Five Years
Is KBC Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KBC (€68.46) is trading below our estimate of fair value (€71.54)
Significantly Below Fair Value: KBC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: KBC is poor value based on its PE Ratio (14.6x) compared to the European Banks industry average (13x).
PE vs Market: KBC is good value based on its PE Ratio (14.6x) compared to the Belgian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: KBC is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: KBC is overvalued based on its PB Ratio (1.3x) compared to the XE Banks industry average (0.7x).
How is KBC Group forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KBC's forecast earnings growth (7.3% per year) is above the savings rate (1.2%).
Earnings vs Market: KBC's earnings (7.3% per year) are forecast to grow slower than the Belgian market (14.3% per year).
High Growth Earnings: KBC's earnings are forecast to grow, but not significantly.
Revenue vs Market: KBC's revenue (2.4% per year) is forecast to grow slower than the Belgian market (4.6% per year).
High Growth Revenue: KBC's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KBC's Return on Equity is forecast to be low in 3 years time (11.1%).
How has KBC Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KBC has high quality earnings.
Growing Profit Margin: KBC's current net profit margins (28.8%) are lower than last year (28.9%).
Past Earnings Growth Analysis
Earnings Trend: KBC's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: KBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KBC had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the Banks industry average (-6.1%).
Return on Equity
High ROE: KBC's Return on Equity (9%) is considered low.
How is KBC Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: KBC's Assets to Equity ratio (15.8x) is moderate.
Allowance for Bad Loans: KBC has a low allowance for bad loans (63%).
Low Risk Liabilities: 77% of KBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: KBC has an appropriate level of Loans to Assets ratio (47%).
Low Risk Deposits: KBC's Loans to Deposits ratio (66%) is appropriate.
Level of Bad Loans: KBC has a high level of bad loans (3.5%).
What is KBC Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KBC's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (1.73%).
High Dividend: KBC's dividend (0.64%) is low compared to the top 25% of dividend payers in the Belgian market (4.44%).
Stability and Growth of Payments
Stable Dividend: KBC is not paying a notable dividend for the Belgian market, therefore no need to check if payments are stable.
Growing Dividend: KBC is not paying a notable dividend for the Belgian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: KBC is not paying a notable dividend for the Belgian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KBC's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Johan Thijs (55 yo)
Mr. Johan Thijs has been Group Chief Executive Officer and Executive Director of KBC Group NV and KBC Bank NV since May 3, 2012 and September 1, 2009 respectively and serves as it's Managing Director. He s...
CEO Compensation Analysis
Compensation vs Market: Johan's total compensation ($USD2.73M) is about average for companies of similar size in the Belgian market ($USD2.14M).
Compensation vs Earnings: Johan's compensation has been consistent with company performance over the past year.
Experienced Management: KBC's management team is seasoned and experienced (7 years average tenure).
Experienced Board: KBC's board of directors are seasoned and experienced ( 11.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
KBC Group NV's company bio, employee growth, exchange listings and data sources
- Name: KBC Group NV
- Ticker: KBC
- Exchange: ENXTBR
- Founded: 1935
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €28.525b
- Shares outstanding: 416.67m
- Website: https://www.kbc.com
Number of Employees
- KBC Group NV
- Havenlaan 2
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 17:59|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.