Industrial Bank of Korea기업은행
024110 · KOSPI · ₩024110 · 기업은행
Analyst target price
Average target
₩26,250
Upside
+40.1%
Range ₩25,500 – ₩27,000 · 2 brokers (latest target within 6 months)
Buy 2
Consensus target vs price, 2 years
Earnings estimates
Brokers' earnings estimates and how they've been revised, with Pro.
Unlock with ProBroker reports
| Date | Broker | Report | Rating | Target | Change | Upside | Since publish | Read |
|---|---|---|---|---|---|---|---|---|
| Oct 27 | Kyobo Securities | 3Q26 Review: Positive active volatility management including reduced FX position | — | — | — | 0.0% | Read ↗ | |
| Oct 27 | Yuanta Securities Korea | Biggest beneficiary of won appreciation in Q3 | Buy | ₩25,500 | New | +36.1% | 0.0% | Read ↗ |
| Oct 27 | Hanwha Investment & Securities | [Banks] Industrial Bank of Korea [024110/Buy] Now is the prettiest time | Buy | — | — | 0.0% | Read ↗ |
All 5 broker reports on Industrial Bank of Korea, not just the latest 3, with Pro.
Unlock with ProCalculated by JONBUR from publicly available broker reports. Reports belong to their publishers. Not financial advice. Includes brokers that publish research publicly; some brokers' reports are client-only and not included.
Reported in the news
| Date | Broker | Target | Change | Rating | Source |
|---|---|---|---|---|---|
| Oct 26 | Kiwoom Securities | — | Cut | — | Reported by Money Today |
Target prices and ratings as news headlines report them, for every broker, including the ones whose reports we don't collect. Only what the headline says; open the article for the rest. Not financial advice.
AI summary of public information
An AI summary of the public information on this company: filed financial statements, filings, prices and news headlines. It doesn't use broker reports; their targets and estimates are shown above.
Industrial Bank of Korea reports steady earnings, but its shares sit near the bottom of their 52-week range after a weak few months.
IBK, a state-linked lender focused on small and mid-sized businesses, posted Q3 2026 results that news reports describe as solid, with cumulative net profit close to a record ₩2T by one account and a ₩2.2141T cumulative figure in another. The share price of ₩19,140 is down 10.4% over three months and sits just above its 52-week low of ₩18,950. Trailing net income is about ₩2.64T with a 5.5% dividend yield, while the stock trades at roughly 0.4 times book value.
What stands out
- Trailing twelve-month net income is ₩2.64T and operating income is ₩3.55T, broadly flat against 2023 to 2025 annual levels.
- Trailing ROE is 7.4%, down from 8.4% in 2023, and liabilities are about 12.9 times equity, typical of a bank balance sheet.
- Free cash flow is negative at -₩17.4T, which the data does not explain; for a bank this is often driven by loan and deposit movements.
- Foreign ownership fell from 13.8% to 13.2% over 60 days, and foreign investors were net sellers of about ₩16.2B over the last 20 days.
- Filings include a cash dividend decision (July), a share cancellation decision (October) and a write-down contingent convertible securities issuance (September and October).
What to watch
- Half-year and full-year filings, plus any changes to the dividend, given that the dividend yield is a large part of the investment case.
- Details of the write-down contingent convertible securities issuance and how it affects capital levels, which the data does not cover in full.
- Corporate loan delinquency, reported at 1.1% overall and nearly 2% in real estate, and any move in that trend.
Data as of Oct 26, 2026 · written 18h ago
This is not financial advice.
Also known as: Industrial Bank of Korea / 기업은행 / 024110 / KRX:024110
Source: KRX statistical information