Financials KB Financial Group Inc.

Equities

A105560

KR7105560007

Banks

End-of-day quote Korea S.E. Other stock markets 16/07/2025			5-day change	1st Jan Change
113,600.00 ^KRW	-5.02%		-4.05%	+37.03%

07-15	Fitch Affirms KB Finansia Multi Finance at AAA(idn)	MT
07-07	Kookmin Bank Files for Singapore Listing of $50 Million Bonds Due 2026	MT

Projected Income Statement: KB Financial Group Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	12,493	14,484	15,013	15,815	16,676	17,398	17,805	18,491
Change	-	15.94%	3.65%	5.35%	5.44%	4.33%	2.34%	3.85%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	5,659	7,283	5,639	9,582	10,090	10,305	10,498	10,880
Change	-	28.68%	-22.57%	69.92%	5.3%	2.14%	1.87%	3.63%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,762	6,082	5,821	6,170	6,985	7,588	7,777	8,181
Change	-	27.72%	-4.29%	6.01%	13.2%	8.63%	2.49%	5.19%
Net income ¹	3,455	4,410	4,413	4,632	5,078	5,620	5,730	6,044
Change	-	27.62%	0.09%	4.95%	9.63%	10.67%	1.95%	5.48%
Announcement Date	04/02/21	08/02/22	07/02/23	07/02/24	05/02/25	-	-	-

¹KRW in Billions

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	3,273	3,232	3,246	3,643	3,567	3,651	3,622	3,801	3,687	4,180	3,956	4,594	4,284	3,989	4,202	4,142	4,126	4,108	4,301	4,196	4,493	4,496	3,849	4,761	4,678	4,812	3,641	4,890
Change	-	-1.26%	0.44%	12.24%	-2.1%	2.37%	-0.82%	4.95%	-2.98%	13.35%	-5.34%	16.1%	-6.73%	-6.89%	5.33%	-1.43%	-0.38%	-0.44%	4.71%	-2.44%	7.06%	0.07%	-14.39%	23.69%	-1.74%	2.87%	-24.33%	34.3%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	1,686	1,631	1,059	1,921	1,897	1,987	1,478	2,032	2,402	1,911	537.9	2,793	2,160	1,953	1,682	2,355	2,302	2,457	1,595	2,293	2,845	2,738	1,819	-	-	-	-	-
Change	-	-3.28%	-35.07%	81.36%	-1.22%	4.71%	-25.59%	37.46%	18.23%	-20.46%	-71.85%	419.26%	-22.66%	-9.61%	-13.85%	40.01%	-2.26%	6.72%	-35.07%	43.75%	24.07%	-3.78%	-33.55%	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	1,376	1,571	795.2	1,786	1,667	1,783	845.2	1,909	1,792	1,712	407.6	2,029	1,961	1,909	271.2	1,407	2,369	2,284	872	2,307	2,226	2,160	950.5	2,154	2,252	2,263	700.3	2,206
Change	-	14.14%	-49.38%	124.67%	-6.7%	6.96%	-52.59%	125.91%	-6.14%	-4.47%	-76.19%	397.71%	-3.36%	-2.61%	-85.8%	418.91%	68.33%	-3.59%	-61.82%	164.52%	-3.5%	-2.97%	-55.99%	126.57%	4.58%	0.47%	-69.05%	214.95%
Net income ¹	981.9	1,167	577.3	1,270	1,204	1,298	637.1	1,453	1,304	1,271	385.4	1,498	1,499	1,374	261.5	1,049	1,732	1,614	612.9	1,697	1,632	1,601	699	1,651	1,650	1,605	523.3	1,690
Change	-	18.81%	-50.51%	120%	-5.19%	7.78%	-50.91%	128.07%	-10.3%	-2.47%	-69.69%	288.6%	0.1%	-8.36%	-80.97%	301.21%	65.11%	-6.83%	-62.02%	176.9%	-3.84%	-1.91%	-56.34%	136.2%	-0.04%	-2.73%	-67.4%	223.05%
Announcement Date	21/07/20	22/10/20	04/02/21	22/04/21	22/07/21	21/10/21	08/02/22	22/04/22	21/07/22	25/10/22	07/02/23	26/04/23	25/07/23	24/10/23	07/02/24	25/04/24	23/07/24	24/10/24	05/02/25	24/04/25	-	-	-	-	-	-	-	-

¹KRW in Billions

Estimates

Forecast Balance Sheet: KB Financial Group Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	04/02/21	08/02/22	07/02/23	07/02/24	05/02/25	-	-	-

Estimates

Cash Flow Forecast: KB Financial Group Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	608,736	424,862	405,574	296,937	350,138	337,178
Change	-	-30.21%	-4.54%	-26.79%	17.92%	-3.7%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	05/03/20	10/03/21	17/03/22	07/03/23	06/03/24	05/03/25

¹KRW in Million

Estimates

Forecast Financial Ratios: KB Financial Group Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	45.3%	50.28%	37.56%	60.59%	60.5%	59.23%	58.96%	58.84%
EBT Margin (%)	-	38.12%	41.99%	38.77%	39.02%	41.89%	43.62%	43.68%	44.24%
Net margin (%)	-	27.66%	30.45%	29.4%	29.29%	30.45%	32.3%	32.18%	32.68%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.61%	0.69%	0.64%	0.65%	0.69%	0.71%	0.7%	0.71%
ROE	-	8.79%	9.8%	9.17%	9.18%	8.86%	9.81%	9.57%	9.58%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	1,770	2,940	2,950	3,060	3,174	3,661	3,960	4,379
Change	-	-	66.1%	0.34%	3.73%	3.73%	15.34%	8.17%	10.58%
Book Value Per Share ¹	-	109,086	121,808	124,124	148,243	151,001	157,908	170,755	187,404
Change	-	-	11.66%	1.9%	19.43%	1.86%	4.57%	8.14%	9.75%
EPS ¹	-	8,697	10,890	10,705	11,312	12,880	15,094	15,920	17,555
Change	-	-	25.22%	-1.7%	5.67%	13.86%	17.19%	5.47%	10.27%
Nbr of stocks (in thousands)	-	389,634	389,634	389,634	380,898	374,490	364,152	364,152	364,152
Announcement Date	-	04/02/21	08/02/22	07/02/23	07/02/24	05/02/25	-	-	-