IBKOR Stock Overview

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally. More details

IBKOR fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	2/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 69.2% below our estimate of its fair value

Earnings are forecast to grow 6.1% per year

Risk Analysis

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Industrial Bank of Korea Competitors

Absa Group

JSE:ABG

R161.6b

Nedbank Group

JSE:NED

R133.1b

Israel Discount Bank

TASE:DSCT

₪30.3b

Bancolombia

BVC:BCOLOMBIA

Col$34.8t

Price History & Performance

Summary of share price highs, lows and changes for Industrial Bank of Korea
Historical stock prices
Current Share Price	₩10.10
52 Week High	₩0
52 Week Low	₩0
Beta	0.47
1 Month Change	-1.94%
3 Month Change	-4.72%
1 Year Change	10.99%
3 Year Change	8.02%
5 Year Change	-5.61%
Change since IPO	68.33%

Recent updates

Shareholder Returns

	IBKOR	LU Banks	LU Market
7D	-1.9%	0%	0%
1Y	11.0%	0%	0%

Return vs Industry: IBKOR underperformed the Luxembourg Banks industry which returned 20.7% over the past year.

Return vs Market: IBKOR exceeded the Luxembourg Market which returned -2% over the past year.

Price Volatility

Is IBKOR's price volatile compared to industry and market?
IBKOR volatility
IBKOR Average Weekly Movement	3.2%
Banks Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in LU Market	0%
10% least volatile stocks in LU Market	0%

Stable Share Price: IBKOR has not had significant price volatility in the past 3 months compared to the Luxembourg market.

Volatility Over Time: IBKOR's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1961	11,887	Sung-tae Kim	www.ibk.co.kr

Industrial Bank of Korea operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally. It provides personal and corporate banking, such as check, transfer, deposit/trust, fund, insurance, credit card, loan, forex, dues, check/draft, information management, retirement pension, and B2B; and provides various financial products and services, including personal and corporate product mail, product guide and tree; smart finance; banking, product, and affiliate services; and customer preferential service, as well as financial information for corporate management support, legal support, stock, real estate, and auction/public auction. The company also offers card information/application, card finance loan, My card management, personal and corporate card services, and guide.

Industrial Bank of Korea Fundamentals Summary

How do Industrial Bank of Korea's earnings and revenue compare to its market cap?
IBKOR fundamental statistics
Market cap	US$8.07b
Earnings (TTM)	US$1.69b
Revenue (TTM)	US$6.12b

4.8x

P/E Ratio

0.3x

P/B Ratio

Is IBKOR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IBKOR income statement (TTM)
Revenue	₩8.80t
Cost of Revenue	₩0
Gross Profit	₩8.80t
Other Expenses	₩6.37t
Earnings	₩2.44t

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.05k
Gross Margin	100.00%
Net Profit Margin	27.66%
Debt/Equity Ratio	737.8%

How did IBKOR perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

32%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 13:11
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Industrial Bank of Korea is covered by 42 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sunmok Ha	Barclays
Changhun Kim	BNP Paribas Securities (Asia)
Jeehoon Park	BofA Global Research