What were the key takeaways from Kb Financial Group’s earnings call?

What is Kb Financial Group's gross profit margin?

What were the key takeaways from Kb Financial Group's earnings call?

What is the revenue and EPS growth rate for Kb Financial Group year over year?

What is Kb Financial Group's latest dividend and current dividend yield?

What guidance did Kb Financial Group's management provide for the next earnings period?

What factors drove the changes in Kb Financial Group's revenue and profit?

What is the market's earnings forecast for Kb Financial Group next quarter?

- **Profit resilience**: Q3 net profit up 16.6% YoY, ROE 12.78%, driven by fee income growth.
- **Deposit strength**: Core deposits offset loan growth challenges, NIM stable at 1.74%.
- **Capital market expansion**: Nonbank subsidiaries contribute 37% of profit, fee income up 3.5% YoY.
- **Credit improvement**: Provisioning down 44% QoQ, credit cost 30 bps, targeting mid-40s basis points.
- **Strategic focus**: Productive finance, venture capital, and capital market leadership.
- **Risk management**: Maintaining high capital ratios (BIS 16.28%, CET1 13.83%), cautious on household debt.

**【Management Opening Remarks】**
- Emphasized navigating external uncertainties through strong deposit base and cost control.
- Q3 net profit: KRW 1.686 trillion (16.6% YoY growth), cumulative ROE 12.78%.
- Q3 cash dividend: KRW 931 DPS, total KRW 335.7 billion.
- Nonbank subsidiaries contribute 37% of cumulative net profit.

**【CFO Financial Commentary】**
- Q3 net interest income: KRW 3.336 trillion (flat YoY), NIM 1.74% (bank) / 1.96% (group).
- Fee income growth: 3.5% YoY, driven by brokerage (16.5%) and asset management (22.3%).
- General G&A: 2.8% YoY growth, CIR 37.2%.
- Provision for credit losses: KRW 364.5 billion (44.4% QoQ decline), credit cost 30 bps (Q3).
- Capital adequacy: BIS 16.28%, CET1 13.83%.

**【Q&A Highlights】**
- NIM outlook: Gradual decline in H2, offset by deposit growth and cost management.
- Loan growth: Household 0.7% QoQ, corporate 1.0% QoQ, targeting 5% annual growth.
- Productive finance: Focus on SMEs, venture capital, and capital market expansion.
- Shareholder returns: Maintain industry-leading TSR, flexible dividend policy.
- Regulatory risks: FX volatility, household debt management, housing market stabilization.

KB

KB fundamentals

You can ask Aime