KBC Groupe NV
KBC: XBRU (BEL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cz | LOCK|S$QP | LOCK|l@f@sr@P |
KBC Earnings: Maintains Its Bullish Guidance; We Increase Our Fair Value Estimate by 21%
KBC's first-quarter 2025 profit rose 8% year on year, surpassing company-compiled consensus. Loan growth boosted interest income by 4%, while fee income jumped 12%. The bank eased its strict capital targets and now favors investment in growth over buybacks. Credit quality remained sound.
