KB Financial Group Past Earnings Performance
Past criteria checks 2/6
KB Financial Group has been growing earnings at an average annual rate of 8.1%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been declining at an average rate of 0.6% per year. KB Financial Group's return on equity is 7%, and it has net margins of 29.8%.
Key information
8.1%
Earnings growth rate
8.5%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | -0.6% |
Return on equity | 7.0% |
Net Margin | 29.8% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
KB Financial: Korea's 'Dividend King' Trades At Too Steep A Discount
Mar 03KB Financial: A Bargain From South Korea
Dec 13KB Financial: Recent Developments Are Favorable
Oct 05Earnings Beat And Buybacks Reinforce My Buy Rating For KB Financial
Jul 27KB Financial reports FY results
Feb 07KB Financial: Poised For A Re-Rating
Dec 23KB Financial reports Q3 results
Oct 25KB Financial: Watch Q3 Earnings And Capital Return
Oct 14KB Financial Stock: Too Cheap To Ignore
Aug 01KB Financial reports Q2 results
Jul 21KB Financial: Multiple Tailwinds
May 02KB Financial: Market's Focus Is On Share Cancellation And Rate Hikes
Feb 10KB Financial: New Digital Platform Draws Attention
Nov 18KB Financial: Multiple Positives Yet To Be Priced In
Sep 03KB Financial: Dividends And Digital Banking In The Spotlight
Jun 21KB Financial reports Q4 results
Feb 04KB Financial Group: Earnings Above Expectations With Capital Return Improvement Catalyst
Nov 03Revenue & Expenses Breakdown
How KB Financial Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 13,361,886 | 3,980,076 | 6,397,363 | 0 |
31 Dec 23 | 13,084,515 | 4,447,017 | 6,343,419 | 0 |
30 Sep 23 | 13,277,595 | 4,318,679 | 6,571,803 | 0 |
30 Jun 23 | 13,032,871 | 4,326,240 | 6,458,325 | 0 |
31 Mar 23 | 12,402,532 | 4,056,555 | 6,463,861 | 0 |
31 Dec 22 | 12,088,006 | 4,026,590 | 6,388,905 | 0 |
30 Sep 22 | 12,713,374 | 4,569,615 | 6,416,521 | 0 |
30 Jun 22 | 12,892,690 | 4,514,698 | 6,535,249 | 0 |
31 Mar 22 | 13,220,364 | 4,519,742 | 6,692,928 | 0 |
31 Dec 21 | 13,298,470 | 4,338,006 | 6,879,252 | 0 |
30 Sep 21 | 13,332,836 | 4,289,048 | 6,976,839 | 0 |
30 Jun 21 | 36,379,587 | 4,183,816 | 6,893,701 | 0 |
31 Mar 21 | 36,013,161 | 3,975,693 | 6,816,450 | 0 |
31 Dec 20 | 35,041,584 | 3,445,589 | 6,554,741 | 0 |
30 Sep 20 | 11,083,895 | 3,395,663 | 6,210,427 | 0 |
30 Jun 20 | 10,771,100 | 3,172,891 | 6,069,228 | 0 |
31 Mar 20 | 10,618,907 | 3,185,861 | 5,974,291 | 0 |
31 Dec 19 | 10,790,449 | 3,305,316 | 6,032,347 | 0 |
30 Sep 19 | 10,431,581 | 2,966,311 | 6,079,219 | 0 |
30 Jun 19 | 10,385,515 | 2,983,052 | 5,956,241 | 0 |
31 Mar 19 | 10,272,114 | 2,938,611 | 5,818,034 | 0 |
31 Dec 18 | 10,332,816 | 3,061,191 | 5,703,829 | 0 |
30 Sep 18 | 10,752,909 | 3,422,504 | 5,681,299 | 0 |
30 Jun 18 | 10,576,922 | 3,366,239 | 5,664,200 | 0 |
31 Mar 18 | 10,305,498 | 3,409,569 | 5,648,425 | 0 |
31 Dec 17 | 9,628,912 | 3,311,438 | 5,432,699 | 0 |
30 Sep 17 | 8,749,286 | 3,211,617 | 4,822,879 | 0 |
30 Jun 17 | 7,983,335 | 2,878,559 | 4,530,400 | 0 |
31 Mar 17 | 7,237,066 | 2,468,841 | 4,290,794 | 0 |
31 Dec 16 | 6,904,493 | 2,143,744 | 4,190,384 | 0 |
30 Sep 16 | 6,556,115 | 2,036,938 | 4,067,380 | 0 |
30 Jun 16 | 6,379,845 | 1,886,991 | 4,066,658 | 0 |
31 Mar 16 | 6,452,507 | 1,638,357 | 4,365,114 | 0 |
31 Dec 15 | 6,344,104 | 1,698,318 | 4,381,312 | 0 |
30 Sep 15 | 6,321,787 | 1,554,168 | 4,331,372 | 0 |
30 Jun 15 | 6,338,845 | 1,585,963 | 4,305,725 | 0 |
31 Mar 15 | 6,106,877 | 1,646,453 | 3,953,416 | 0 |
31 Dec 14 | 5,968,011 | 1,400,722 | 3,859,251 | 0 |
30 Sep 14 | 6,048,882 | 1,467,705 | 3,852,513 | 0 |
30 Jun 14 | 6,033,741 | 1,447,977 | 3,830,467 | 0 |
31 Mar 14 | 5,966,444 | 1,219,278 | 3,837,551 | 0 |
31 Dec 13 | 6,010,447 | 1,271,502 | 3,842,290 | 0 |
30 Sep 13 | 5,722,093 | 1,111,919 | 3,811,500 | 0 |
30 Jun 13 | 5,751,590 | 1,149,460 | 3,818,879 | 0 |
Quality Earnings: KB has high quality earnings.
Growing Profit Margin: KB's current net profit margins (29.8%) are lower than last year (32.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KB's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: KB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KB had negative earnings growth (-1.9%) over the past year, making it difficult to compare to the Banks industry average (-14.2%).
Return on Equity
High ROE: KB's Return on Equity (7%) is considered low.