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Morningstar

KB Financial Group Inc 105560 Stock Quote

Morningstar Rating
| Rating as of

XKRX: 105560

Last close prices updated as of Jun 09, 2023, 9:10 AM KST | KRW
  • Last Close 48,450.00
  • Sector Financial Services
  • Industry Banks - Regional
  • Investment Style Large Value
  • Day Range 48,550.00  –  49,200.00
  • Year Range 43,100.00  –  60,700.00
  • Market Cap 19.1116 Tril
  • Volume / Avg 161,048.0 /  1.3 Mil
  • Price / Sales 1.05
  • Price / Book 0.35
  • Forward Div Yield 6.11%
  • Trailing Div Yield 2.55%

Morningstar‘s Stock Analysis 105560

Valuation
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Economic Moat

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Capital Allocation

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Korean Banks: We Lower Our Forecasts 6%-8% on Higher Credit Costs; Shares Remain Undervalued

Michael Makdad Senior Equity Analyst

Analyst Note

| Michael Makdad |

We lower our 2023 earnings forecasts for Korean banking groups Shinhan Financial, KB Financial, and Hana Financial by 6% and our 2024 earnings forecasts by 8%. We now forecast their returns on equity will average around 9% over the next five years, compared with our previous expectation of around 10%. The main reason for the change is that we see industrywide credit costs of around 40 basis points of loans compared with our previous assumption of 35 basis points. This is due to rising delinquencies in credit cards (affecting Shinhan and KB somewhat more than Hana due to their larger card businesses) and credit costs arising from the banks’ exposures to real estate projects given the decline in property prices that started in the second half of last year and accelerated in the first quarter of 2023.

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Key Statistics 105560

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Company Profile 105560

Business Description

KB Financial is the parent company of KB Kookmin Bank, Korea’s largest commercial bank, with a 12.8% share of loans as of 2022. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.

Contact
26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu
Seoul, 07331, KOR
Sector Financial Services
Industry Banks - Regional
Employees 2,316

Related News 105560

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Competitors & Peers 105560

More on 105560’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of 105560’s competitive advantage.

KB Financial Group Inc

XKRX: 105560

Shinhan Financial Group Co Ltd

XKRX: 055550

Hana Financial Group Inc

XKRX: 086790

Woori Financial Group Inc

XKRX: 316140
Price
49,150.0035,450.0041,950.0012,060.00
Currency
KRWKRWKRWKRW
Change
+$700.00 (1.44%) +$150.00 (0.42%) +$450.00 (1.08%) +$50.00 (0.42%)
Market Cap
19.11 Tril17.91 Tril12.08 Tril8.79 Tril
Industry
Banks - Regional Banks - Regional Banks - Regional Banks - Regional
Sector
Financial Services
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for KB Financial Group Inc Stock

Yes. 105560 has a forward dividend yield of 6.10%. See 105560’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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105560’s market cap is 19.11 Tril.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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105560’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

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105560’s price/sales is 1.09.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

105560’s price/forward earnings is 4.50.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

105560’s price/book is 0.38.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See 105560’s valuation ratios compared to the Market Index.

105560’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare 105560’s historical performance against its industry peers and the overall market.