KB Stock Recent News

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, SHG and FBIZ made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 22, 2023.

SHG, KB and FBIZ made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 18, 2023.

KB Financial Group Inc. (NYSE:KB ) Q2 2023 Earnings Conference Call July 25, 2023 3:00 AM ET Company Participants Peter Kweon - Senior MD & Head of IR Department Young Ho Seo - Senior Executive VP & CFO Oh Byung Joo - Managing Director, KB Financial Group Inc. Conference Call Participants Jae Hyung Lee - Hyundai Motor Securities Jihyun Cho - JPMorgan Jaewoong Won - HSBC Securities Jun-Sup Jung - NH Investment and Securities Peter Kweon Greetings. I'm Peter Kweon, the Head of IR at KBFG.

KB Financial's diversified income mix and recent quarterly net interest margin expansion imply that its earnings are expected to be reasonably resilient notwithstanding changes in the interest rate environment. KB's CET1 ratio is superior that of its key peers, and this means that the company has the capital strength to sustain a reasonably good level of shareholder capital return.

KB Financial Group Inc. (NYSE:KB ) Q1 2023 Results Conference Call April 27, 2023 3:00 AM ET Company Participants Oh Byung Joo - Managing Director, KB Financial Group Inc Conference Call Participants Jae Hyung Lee - Hyundai Motor Securities Kim Jae-woo - Samsung Securities Kim Do-ha - Hanwha Securities Cho Jihyun - JP Morgan [Call Starts Abruptly] irrespective of delinquencies, in loan assets or NPL formation. As a result, NPL coverage ratio for the group and the bank end of March were 196% and 264%, respectively, maintaining highest loss absorption capacity in the industry against potential losses.

Banking stocks in Japan fell on Thursday as troubles at Credit Suisse sparked fears that banking turmoil is spreading around the world.

KB Financial intends to return more excess capital to its shareholders after meeting its CET1 ratio target, which implies that the company should raise its dividend in the current year. KB's shares have done poorly in the past month as a result of below-expectations Q4 earnings, but this is mainly attributable to an one-off provision.

The heavy selling pressure might have exhausted for KB Financial (KB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

KB Financial Group Inc. (NYSE:KB ) Q4 2022 Earnings Conference Call February 7, 2023 2:00 AM ET Company Participants Peter Kweon - Head of Investor Relations Scott YH Seo - Senior Executive Vice President and Chief Financial Officer Cho Nam Hoon - Chief Global Strategy Officer Cheal Soo Choi - Chief Risk Management Officer Conference Call Participants Kim Jae-woo - Samsung Securities Jihyun Cho - J.P. Morgan Yafei Tian - Citi Kim Do-ha - Hanwha Securities Shim Jongmin - CLSA Peter Kweon Greetings.