KB Stock Recent News

KB Financial Group Inc. (NYSE:KB ) Q1 2024 Earnings Conference Call April 25, 2024 3:00 AM ET Company Participants Peter Kwon – Head of Investor Relations Jae Kwan Kim – Chief Financial Officer and Senior Vice President Conference Call Participants Peter Kwon Greetings. I am Peter Kwon, the Head of IR at KB Financial Group.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does KB Financial (KB) have what it takes?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors with an interest in Banks - Foreign stocks have likely encountered both KB Financial (KB) and Erste Group Bank AG (EBKDY). But which of these two stocks presents investors with the better value opportunity right now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

One-offs aside, KB Financial has stayed very resilient through a challenging period. Earnings look strong, particularly on the non-bank side, while asset quality risks appear well-contained. The deeply discounted valuation and well-covered yield add up to a very favorable risk/reward.

KB Financial Group Inc. (KB) Q4 2024 Earnings Call Transcript

Investors looking for stocks in the Banks - Foreign sector might want to consider either KB Financial (KB) or Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

KB Financial Group is a large financial holding, including the largest bank from South Korea. The stock is very cheap compared to Japanese and American peers. The group has an impressive growth track record and has shown resilience during the pandemic. The low valuation in combination with a high shareholder yield of 8.8% is a great opportunity for value investors who want to diversify to Asia and the Korean Won.