"Industrial Bank of Korea: Earnings Stable but PBR Rise Likely Slow… Target Price Lowered" - Kiwoom
Predicted impact: Low
Broker target cut on stable Q3 earnings already reported; Q3 results were released earlier.
Industrial Bank of Korea기업은행
024110 · KOSPI · ₩024110 · 기업은행
₩19,140▼ ₩320 (1.64%)End-of-day · Oct 26, 2026 · End-of-day prices.
Price · 1Y −2.00%
- Market cap
- ₩15T
- Enterprise value
- ₩214T
- P/E
- 5.8×
- P/B
- 0.4×
- Dividend yield
- 5.5%
- ROE
- 7.0%
- Net margin
- —
Trailing 12 months from filed financial statements, as of H1 2026. Dividend yield: the 2025 dividend per share from the annual report ÷ today's price.
52-week range−35.2% from the high
₩18,950Today: ₩19,060 – ₩19,570₩29,550
Returns
- 1W−5.2%
- 1M−6.2%
- 3M−10.4%
- 6M−13.8%
- YTD−8.6%
- 1Y−1.4%
- Volume today
- 875,020
- 1.1× the 20-day average
- Traded today
- ₩17B
- Listed shares
- 797,425,869
- EPS (12 months)
- ₩3,312
- Earnings yield 17.3%
AI research · Update noteIndustrial Bank of Korea: Q3 Preliminary Results Show Flat Profit Despite 78.9% Jump in Reported RevenueThe Q3 filing confirms steady, flat profits rather than a change in direction.Read the full report →
Upcoming dates
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Signals
Normal- BuzzNormalBuzz 47 of 100 (50 is a normal day for this stock).
- SentimentPositiveNews: Quarterly results are solid and lending is growing, but analysts trimmed targets and cumulative profit for the year is down 2% in one report. Community: 0 bullish, 0 bearish posts this week.
- MomentumFlat-4.3% over the last month; the price is below its 20-day average.
- News impactLow30 news items and filings in two weeks; 0 rated high impact, 0 medium.
- StreetSteady2 brokers, average target 37% from the price; last 30 days: 0 raised, 0 cut.
Signals describe activity, not recommendations. Not financial advice.
Leveraged ETF flows
Estimated leveraged-ETF rebalance on Oct 26: sell ₩1.1B at the close (6.8% of 20-day average trading value)
On its 1 biggest day of the last 60 (moves of 3%+), the estimated pressure averaged 38.3% of trading value and pointed the same way 1 of 1 times.
- -2× KODEX 200 Futures Inverse 2X −₩641M
- 2× KODEX Leverage −₩223M
- -1× KODEX Inverse −₩127M
- -2× TIGER 200 Futures Inverse 2X −₩23M
- 2× TIGER Leverage −₩18M
Mostly via futures: index funds hedge with KOSPI 200 / KOSDAQ 150 futures, spread here over the index's largest members by market value.
Final after the close. An intraday "if the close were now" estimate needs real-time prices, which we don't have yet.
Estimate based on ETF size and daily moves; actual trades may differ.
ETFs holding this
All ETFs →Held by 32 funds.
- KODEX 2000.4%
- TIGER 2000.4%
- KODEX 200TR0.4%
- KODEX Leverage2×0.4%
- RISE 2000.4%
- KIWOOM 200TR0.4%
- ACE 2000.4%
- PLUS 2000.4%
Estimated from the funds' index or underlying stock.
Futures and options
All stock futures →Futures (2026-11): 19,190
Basis +0.26% · implied rate +5.6%
Open interest 50,516 contracts
Futures and options can lose more than you put in. Figures describe the market; they are not predictions or recommendations. Paper trading only.
Industrial Bank of Korea stock overview
Industrial Bank of Korea (기업은행, KRX: 024110) is listed on KOSPI, in the Banks sector. Industrial Bank of Korea (IBK) was established in 1961 under the Industrial Bank of Korea Act to support the independent economic activities and economic standing of small and medium-sized enterprises. Its shares closed at ₩19,140 on Oct 26, 2026, down 1.64% on the day, giving it a market value of ₩15T.
Key facts
- Market cap
- ₩15T
- Sector
- Banks
- Latest price change
- −1.64%
- As of
- Oct 26, 2026
- Main business
- Industrial Bank of Korea (IBK) was established in 1961 under the Industrial Bank of Korea Act to support the independent economic activities and economic standing of small and medium-sized enterprises.
Quick answers about Industrial Bank of Korea
- What does Industrial Bank of Korea do?
- Industrial Bank of Korea (IBK) was established in 1961 under the Industrial Bank of Korea Act to support the independent economic activities and economic standing of small and medium-sized enterprises. The bank performs ordinary banking business including deposits, loans, discounts of bills, domestic and foreign exchange, and trust, insurance agency, pension and credit card services, and it holds nine non-bank subsidiaries as well as overseas subsidiaries, branches and offices in several countries, including China, Indonesia, Myanmar and Poland.
- What is the market cap of Industrial Bank of Korea?
- The market capitalisation of Industrial Bank of Korea was ₩15T at the close on Oct 26, 2026.
- What is the analyst target price for Industrial Bank of Korea?
- The average target price of 2 brokers covering Industrial Bank of Korea is ₩26,250 (range ₩25,500 to ₩27,000), 37.1% above versus the latest price, based on each broker's latest public report within six months.
- Who are the largest shareholders of Industrial Bank of Korea?
- According to the latest official filings, the largest reported holders are National Pension Service (5.40%, as of Dec 31, 2025); iShares MSCI South Korea ETF (0.49%, as of May 31, 2026); VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND (0.46%, as of Jul 31, 2026).
- When is the next earnings report from Industrial Bank of Korea?
- Korean companies rarely announce results dates in advance. Based on when Industrial Bank of Korea filed the same report in past years, its next 3q results is expected around Nov 14, 2026.
- Does the National Pension Service own Industrial Bank of Korea?
- Yes. The National Pension Service held 5.40% of Industrial Bank of Korea shares as of Dec 31, 2025.
Company profile
Industrial Bank of Korea (IBK) was established in 1961 under the Industrial Bank of Korea Act to support the independent economic activities and economic standing of small and medium-sized enterprises. The bank performs ordinary banking business including deposits, loans, discounts of bills, domestic and foreign exchange, and trust, insurance agency, pension and credit card services, and it holds nine non-bank subsidiaries as well as overseas subsidiaries, branches and offices in several countries, including China, Indonesia, Myanmar and Poland.
Written by AI from the company's latest annual report.
- Korean name
- 기업은행
- Sector
- Banks
- CEO
- 장민영
- Founded
- Jul 1961
- Listed
- Dec 2003
- Listed shares
- 797,425,869
- Fiscal year ends
- Month 12
- Website
- www.ibk.co.kr
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Recent news
Yuanta Securities Korea: "Industrial Bank of Korea to benefit from won decline in third quarter"
Predicted impact: Low
Broker commentary on a bank's currency exposure; no company event.
Industrial Bank of Korea, solid Q3… meeting dividend separate taxation requirements is key - iM
Predicted impact: Low
Broker view on Q3 results and dividend tax rules; results already reported.
Recent filings
See all- Preliminary earnings (consolidated)Oct 26, 2026
- Share cancellation decisionOct 23, 2026
- Advance Notice of Earnings Results Disclosure (Informational Disclosure)Oct 19, 2026
- Major Matters Report (Decision on Issuance of Write-Down Contingent Convertible Securities)Oct 2, 2026
- [Amendment] Major Matters Report (Decision on Issuance of Write-Down Contingent Convertible Securities)Sep 21, 2026
Titles in Korean until English translations are added.
Also known as: Industrial Bank of Korea / 기업은행 / 024110 / KRX:024110
Source: KRX statistical information