bullish
K Bank: The First Internet-Only Bank In Korea
523 Views01 Jul 2022 14:53
SUMMARY
- K Bank is the first Internet-only bank in Korea. K Bank is the second largest Internet bank in Korea after KakaoBank (323410 KS).
- K Bank had revenues of 282.1 billion won (up 263.6% YoY) and operating profit of 24.5 billion won (turned black YoY) in 2021.
- The recent declines in major cryptocurrencies are likely to have a negative impact on K Bank which could delay its IPO until 2023.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- The Story Behind K-Bank Leaking Pricing Details Before the IPO Prospectus Dropped10 Sep 2024
- K Bank IPO - The Biggest IPO in Korea in 202409 Sep 2024
- Initial Thoughts on the K Bank IPO07 Aug 2024
- Kakao Bank: Market Share Losses to Other Internet Banks & More Loans to Less Creditworthy Customers30 May 2022
- KT Corp: Near 6% Dividend Yield, Stock Swap with Shinhan Bank, IPO of K-Bank, & Shift to Value22 Jan 2022
- Toss Bank - Receives Final Govt Approval to Become the 3rd Internet Bank in Korea09 Jun 2021
x