Earnings Alerts

KBC Groep NV (KBC) Earnings: 2Q Net Interest Income Surpasses Estimates

  • Net Interest Income: KBC reported a net interest income of €1.38 billion, surpassing the estimate of €1.36 billion.
  • Net Interest Margin: Achieved a net interest margin of 2.1%.
  • Total Income: Total income reached €2.81 billion, exceeding the projected €2.76 billion.
  • Analyst Ratings: The stock has received 9 buy ratings, 12 hold ratings, and 2 sell ratings.

A look at KBC Groep NV Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.4

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 using Smartkarma Smart Scores have assessed KBC Groep NV‘s long-term outlook based on key factors like value, dividend, growth, resilience, and momentum. With a solid score for dividends and growth, KBC Groep NV is positioned well for potential returns for investors. The company’s resilience score indicates a stable performance, which is crucial for long-term sustainability. However, there is room for improvement in terms of value and momentum scores to enhance the overall outlook.

KBC Groep NV operates in the banking and insurance sectors, offering a range of services including loans, insurance, and investment management. With a balanced mix of financial offerings, the company caters to both individual and corporate clients, providing a diversified revenue stream. By focusing on enhancing its value proposition and boosting momentum, KBC Groep NV can further strengthen its position in the market and drive sustained growth in the long run.


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.
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