Earnings Alerts

KB Financial (105560) Earnings: 2Q Net Surpasses Estimates with 1.73 Trillion Won

  • KB Financial Group’s Q2 Net Income: Reported at 1.73 trillion won, exceeding the estimated 1.47 trillion won.
  • Operating Profit: Recorded at 2.30 trillion won.
  • Sales Performance: Achieved sales of 19.92 trillion won.
  • Analyst Ratings: 24 buy ratings, 2 hold ratings, and no sell ratings.

KB Financial on Smartkarma



Analyst coverage of KB Financial on Smartkarma reveals contrasting viewpoints among top independent analysts. Brian Freitas offers a bullish perspective, predicting potential changes in the FnGuide Top 10 Index that could impact KB Financial positively. On the other hand, Douglas Kim takes a bearish stance, highlighting The Carlyle Group’s plan to sell a significant stake in KB Financial through a block deal sale. Despite excellent YTD gains, Kim warns of potential investor exits post-ex-dividend due to this sale. In contrast, Clarence Chu maintains a bullish outlook, noting strong momentum in KB Financial‘s placement activities and the success of the recent clean-up sale.



A look at KB Financial Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts utilizing the Smartkarma Smart Scores have given KB Financial positive scores in various key areas. The company has strong ratings for its Dividend and Momentum, indicating a solid performance in these aspects. Additionally, KB Financial scores well in terms of Value, reflecting a favorable valuation perspective. However, there are areas such as Growth and Resilience where the company’s scores are not as high, suggesting potential areas for improvement in the long run.

KB Financial Group Inc., headquartered in Seoul, Korea, was established in 2008 to offer management services and financial support to associated companies in compliance with the Financial Holding Companies Act. With impressive scores in Dividend and Momentum, KB Financial shows promise for long-term investors, although its Growth and Resilience scores indicate areas that may require attention for sustained growth and stability in the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars