Duyuru • May 13
KBC Group NV Approves Final Dividend for 2025, Payable on 20 May 2026 KBC Group NV announced as approved by the General Meeting of Shareholders on 7 May 2026, it will pay a final dividend of EUR 4.1 per share on 20 May 2026, bringing the total dividend for full-year 2025 to EUR 5.1 per share and the pay-out ratio to 60% of 2025 net profit. Duyuru • Apr 02
KBC Group NV, Annual General Meeting, May 07, 2026 KBC Group NV, Annual General Meeting, May 07, 2026, at 10:00 Romance Standard Time. Duyuru • Feb 12
KBC Group NV Proposes Dividend for the Accounting Year 2025, Payable in May 2026 KBC Group NV's Board of Directors has decided to propose a total gross dividend of EUR 5.1 per share to the General Meeting of Shareholders for the accounting year 2025. That figure includes an interim dividend of EUR 1 per share that was already paid in November 2025 and the remaining EUR 4.1 per share to be paid in May 2026. When including the proposed dividend of EUR 5.1 per share and additional tier-1 coupon, the pay-out ratio amounts to 60% of 2025 net profit. Duyuru • Nov 24
KBC Group NV to Report Fiscal Year 2025 Results on Apr 01, 2026 KBC Group NV announced that they will report fiscal year 2025 results at 12:00 PM, Central European Standard Time on Apr 01, 2026 Duyuru • Apr 02
KBC Group NV, Annual General Meeting, Apr 30, 2025 KBC Group NV, Annual General Meeting, Apr 30, 2025, at 10:00 Romance Standard Time. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: €2.14 (vs €2.07 in 3Q 2023) Third quarter 2024 results: EPS: €2.14. Revenue: €2.73b (up 1.8% from 3Q 2023). Net income: €868.0m (down 1.0% from 3Q 2023). Profit margin: 32% (in line with 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Duyuru • Nov 07
KBC Group NV to Report Fiscal Year 2024 Final Results on Mar 31, 2025 KBC Group NV announced that they will report fiscal year 2024 final results on Mar 31, 2025 Upcoming Dividend • Nov 05
Upcoming dividend of €0.70 per share Eligible shareholders must have bought the stock before 12 November 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.2%). Declared Dividend • Aug 14
Dividend of €0.70 announced Shareholders will receive a dividend of €0.70. Ex-date: 12th November 2024 Payment date: 14th November 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (58% payout ratio) and is expected to be covered in 3 years' time (61% forecast payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: €2.25 (vs €2.29 in 2Q 2023) Second quarter 2024 results: EPS: €2.25 (down from €2.29 in 2Q 2023). Revenue: €2.74b (down 2.1% from 2Q 2023). Net income: €925.0m (down 2.7% from 2Q 2023). Profit margin: 34% (in line with 2Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • May 18
KBC Group NV Declares Extraordinary Interim Dividend, Payable on 29 May 2024 KBC Group NV announced that in line with its announced capital deployment plan for full-year 2023, the Board of Directors has also decided to distribute the surplus capital above a fully loaded common equity ratio of 15% (approximately EUR 280 million) in the form of an extraordinary interim dividend of EUR 0.70 per share on 29 May 2024. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: €1.19 (vs €2.08 in 1Q 2023) First quarter 2024 results: EPS: €1.19 (down from €2.08 in 1Q 2023). Revenue: €2.69b (down 13% from 1Q 2023). Net income: €481.0m (down 44% from 1Q 2023). Profit margin: 18% (down from 28% in 1Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • May 03
Kbc Group Nv Approves to Pay A Gross Dividend for the Financial Year Ending on 31 December 2023, Payable on 15 May 2024 KBC Group NV announced that the Annual General Meeting of 2 May 2024 has decided to pay a gross dividend of 4.15 euros per share for the financial year ending on 31 December 2023. Further to the payment of an interim dividend in the sum of 1 euro per share on 15 November 2023, the gross final dividend will be 3.15 euros per dividend entitled share (2.205 euros after the deduction of 30% withholding tax). Relevant dates are: Ex-coupon date: 13 May 2024. Record date: 14 May 2024. Pay date: 15 May 2024. Reported Earnings • Apr 04
Full year 2023 earnings released: EPS: €8.04 (vs €6.64 in FY 2022) Full year 2023 results: EPS: €8.04 (up from €6.64 in FY 2022). Revenue: €11.2b (up 15% from FY 2022). Net income: €3.34b (up 21% from FY 2022). Profit margin: 30% (up from 28% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.05% (up from 1.96% in FY 2022). Cost-to-income ratio: 49.0% (no change from 49.0% in FY 2022). Non-performing loans: 2.27% (down from 2.39% in FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 11
Final dividend of €2.21 announced Shareholders will receive a dividend of €2.21. Ex-date: 13th May 2024 Payment date: 15th May 2024 Dividend yield will be 4.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (62% forecast payout ratio). The dividend has increased by an average of 8.4% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to decline by 2.6% over the next 3 years. However, it would need to fall by 43% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: €8.04 (vs €6.46 in FY 2022) Full year 2023 results: EPS: €8.04 (up from €6.46 in FY 2022). Revenue: €11.2b (up 37% from FY 2022). Net income: €3.40b (up 26% from FY 2022). Profit margin: 30% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 11
KBC Group NV to Pay Interim Dividend, Payable on 15 November 2023 KBC Group NV will pay out an interim dividend of 1 euro per share on 15 November 2023 as an advance on the total dividend for financial year 2023. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: €2.07 (vs €1.77 in 3Q 2022) Third quarter 2023 results: EPS: €2.07 (up from €1.77 in 3Q 2022). Revenue: €2.68b (up 11% from 3Q 2022). Net income: €877.0m (up 17% from 3Q 2022). Profit margin: 33% (up from 31% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 06
Upcoming dividend of €0.70 per share at 7.4% yield Eligible shareholders must have bought the stock before 13 November 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 7.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.5%). New Risk • Oct 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Duyuru • Aug 23
KBC Group NV (ENXTBR:KBC) commences an Equity Buyback Plan for 41,688,359 shares, representing 10% of its issued share capital, under the authorization approved on May 5, 2022. KBC Group NV (ENXTBR:KBC) commences share repurchases on August 11, 2023 under the program mandated by the shareholders in the Annual General Meeting held on May 5, 2022. As per the mandate, the company is authorized to repurchase up to 41,688,359 shares, representing 10% of its issued share capital. The shares will be repurchased at a price per share not exceeding the last closing price on Euronext Brussels prior to the date of acquisition, plus 10%, and not lower than €1 per share. The plan will be valid for 4 years. As of May 5, 2022, the company had 416,883,592 shares outstanding.
On August 10, 2023, the company announced a share repurchase program after receiving approval from ECB. Under the program, the company will repurchase €1,300 million worth of shares. The purpose of the program is distributing the surplus capital. The repurchases will take place from August 11, 2023, until July 31, 2024. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: €2.29 (vs €2.10 in 2Q 2022) Second quarter 2023 results: EPS: €2.29 (up from €2.10 in 2Q 2022). Revenue: €2.80b (up 11% from 2Q 2022). Net income: €966.0m (up 8.9% from 2Q 2022). Profit margin: 35% (in line with 2Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 10
KBC Group NV Announces Interim Dividend KBC Group NV announced that In line with its general dividend policy, it will also pay out an interim dividend of EUR 1 per share in November 2023 as an advance on the total dividend for financial year 2023. Duyuru • Jul 01
KBC Group NV (ENXTBR:KBC) agreed to acquire 50% stake in Digital & Legal s.r.o. o KBC Group NV (ENXTBR:KBC) agreed to acquire 50% stake in Digital & Legal s.r.o. on June 29, 2023. KBC will acquire a 50% stake in Digital & Legal, with the option to acquire the remaining shares at a later stage. Reported Earnings • May 17
First quarter 2023 earnings released: EPS: €2.08 (vs €1.05 in 1Q 2022) First quarter 2023 results: EPS: €2.08 (up from €1.05 in 1Q 2022). Revenue: €3.08b (up 45% from 1Q 2022). Net income: €882.0m (up 104% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Duyuru • May 06
KBC Group NV Decides for the Financial Year Ending on 31 December 2022, Payable on 11 May 2023 The Annual General Meeting of KBC Group NV 4 May 2023 has decided to pay a gross dividend of EUR 4 per share for the financial year ending on 31 December 2022. Ex-coupon date is 9 May 2023. Record date is 10 May 2023. Payment date is 11 May 2023. Upcoming Dividend • May 02
Upcoming dividend of €2.10 per share at 6.2% yield Eligible shareholders must have bought the stock before 09 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.5%). In line with average of industry peers (6.1%). Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: €6.46 (vs €6.15 in FY 2021) Full year 2022 results: EPS: €6.46 (up from €6.15 in FY 2021). Revenue: €8.23b (up 4.1% from FY 2021). Net income: €2.69b (up 5.0% from FY 2021). Profit margin: 33% (in line with FY 2021). Net interest margin (NIM): 1.96% (up from 1.81% in FY 2021). Cost-to-income ratio: 49.0% (down from 51.0% in FY 2021). Non-performing loans: 2.39% (down from 3.26% in FY 2021). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: €6.75 (vs €6.15 in FY 2021) Full year 2022 results: EPS: €6.75 (up from €6.15 in FY 2021). Revenue: €8.46b (up 7.0% from FY 2021). Net income: €2.81b (up 9.8% from FY 2021). Profit margin: 33% (in line with FY 2021). Net interest margin (NIM): 1.96% (up from 1.81% in FY 2021). Cost-to-income ratio: 48.0% (down from 51.0% in FY 2021). Non-performing loans: 2.39% (down from 3.26% in FY 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Dec 07
KBC Group NV to Report Q2, 2023 Results on Aug 10, 2023 KBC Group NV announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Aug 10, 2023 Duyuru • Nov 22
KBC Group NV to Report Q1, 2023 Results on May 16, 2023 KBC Group NV announced that they will report Q1, 2023 results at 7:00 AM, Central European Standard Time on May 16, 2023 Duyuru • Nov 18
KBC Group NV to Report Fiscal Year 2022 Results on Apr 03, 2023 KBC Group NV announced that they will report fiscal year 2022 results on Apr 03, 2023 Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: €1.83 (vs €1.44 in 3Q 2021) Third quarter 2022 results: EPS: €1.83 (up from €1.44 in 3Q 2021). Revenue: €2.03b (up 3.6% from 3Q 2021). Net income: €776.0m (up 29% from 3Q 2021). Profit margin: 38% (up from 31% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 07
Upcoming dividend of €0.70 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 16 November 2022. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (6.4%). Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: €1.92 (vs €1.84 in 2Q 2021) Second quarter 2022 results: EPS: €1.92 (up from €1.84 in 2Q 2021). Revenue: €2.11b (up 6.7% from 2Q 2021). Net income: €811.0m (up 3.8% from 2Q 2021). Profit margin: 38% (down from 39% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.1%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: €1.07 (vs €1.30 in 1Q 2021) First quarter 2022 results: EPS: €1.07 (down from €1.30 in 1Q 2021). Revenue: €2.13b (up 6.0% from 1Q 2021). Net income: €458.0m (down 14% from 1Q 2021). Profit margin: 22% (down from 27% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.3%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €55.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total returns to shareholders of 6.7% over the past three years. Upcoming Dividend • May 03
Upcoming dividend of €6.70 per share Eligible shareholders must have bought the stock before 10 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 9.3%. Within top quartile of German dividend payers (4.1%). Higher than average of industry peers (6.5%). Reported Earnings • Apr 06
Full year 2021 earnings released: EPS: €6.15 (vs €3.34 in FY 2020) Full year 2021 results: EPS: €6.15 (up from €3.34 in FY 2020). Revenue: €7.91b (up 29% from FY 2020). Net income: €2.56b (up 85% from FY 2020). Profit margin: 32% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.81% (down from 1.84% in FY 2020). Cost-to-income ratio: 51.0% (down from 57.0% in FY 2020). Non-performing loans: 3.26% (down from 3.56% in FY 2020). Over the next year, revenue is forecast to stay flat compared to a 8.7% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €56.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total loss to shareholders of 1.3% over the past three years. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €6.15 (up from €3.34 in FY 2020). Revenue: €7.89b (up 29% from FY 2020). Net income: €2.56b (up 85% from FY 2020). Profit margin: 33% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.81% (down from 1.84% in FY 2020). Cost-to-income ratio: 51.0% (down from 59.1% in FY 2020). Non-performing loans: 3.25% (down from 3.56% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.5%, compared to a 12% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS €1.44 (vs €1.67 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €1.95b (up 7.1% from 3Q 2020). Net income: €601.0m (down 14% from 3Q 2020). Profit margin: 31% (down from 38% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 08
Upcoming dividend of €2.10 per share Eligible shareholders must have bought the stock before 15 November 2021. Payment date: 17 November 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS €1.87 (vs €0.45 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €1.98b (up 66% from 2Q 2020). Net income: €793.0m (up 301% from 2Q 2020). Profit margin: 40% (up from 17% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • May 12
First quarter 2021 earnings released: EPS €1.31 (vs €0.078 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.01b (up 48% from 1Q 2020). Net income: €557.0m (up €587.0m from 1Q 2020). Profit margin: 28% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Executive Departure • May 11
CFO & Executive Director has left the company On the 6th of May, Hendrik Scheerlinck's tenure as CFO & Executive Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Hendrik's name. A total of 2 executives have left over the last 12 months. Upcoming Dividend • May 10
Upcoming dividend of €0.31 per share Eligible shareholders must have bought the stock before 17 May 2021. Payment date: 19 May 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.7%). Executive Departure • May 08
Chief Executive Officer of Belgium Business Unit Daniel Falque has left the company On the 7th of May, Daniel Falque, was replaced as CEO by Johan Thijs after 9.0 years in the role. We don't have any record of a personal shareholding under Daniel's name. Daniel is the only executive to leave the company over the last 12 months. Under Daniel's leadership, the company delivered a total shareholder return of 462%. Reported Earnings • Apr 04
Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.12b (down 17% from FY 2019). Net income: €1.39b (down 43% from FY 2019). Profit margin: 23% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 1.84% (down from 1.95% in FY 2019). Cost-to-income ratio: 59.1% (up from 58.3% in FY 2019). Non-performing loans: 3.56% (down from 3.82% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 13
Full year 2020 earnings released: EPS €3.34 (vs €5.85 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.12b (down 17% from FY 2019). Net income: €1.44b (down 41% from FY 2019). Profit margin: 24% (down from 33% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 04
New 90-day high: €61.82 The company is up 31% from its price of €47.20 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.85 per share. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS €1.64 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €1.82b (up 2.6% from 3Q 2019). Net income: €697.0m (up 14% from 3Q 2019). Profit margin: 38% (up from 35% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue beats expectations Revenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 16%, compared to a 20% growth forecast for the Banks industry in Germany. Is New 90 Day High Low • Oct 30
New 90-day low: €41.83 The company is down 15% from its price of €49.22 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.02 per share. Is New 90 Day High Low • Oct 02
New 90-day low: €42.02 The company is down 19% from its price of €51.80 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.53 per share. Duyuru • Sep 18
KBC Group NV, KBC Bank NV and KBC Insurance NV Announces Executive Changes During its meeting of 17 September 2020, the Board of Directors of KBC Group NV appointed Mr. Koenraad Debackere as Chairman of the Board of Directors of KBC Group NV, KBC Bank NV and KBC Insurance NV, succeeding Thomas Leysen who ended his term office at the General Meeting of 7 May 2020. Koenraad is a Professor at the Faculty of Economics and Business Administration at KU Leuven. In addition, he has held visiting lectureships at various European universities. As Managing Director he is also board member of KU Leuven. Koenraad has held directorships at various technology companies, as well as at the Gemma Frisius Fonds NV, Essenscia Innovation Fonds NV and LRM NV investment funds. Koenraad Debackere was Non-Executive Director at KBC Group NV and KBC Insurance NV until the General Meeting of 7 May 2020.