KB Financial GroupKB금융

KB Financial Group's earnings have kept rising and the shares trade at low multiples, but they are down over the past month and three months.

KB Financial Group is a Korean financial holding company with banking, securities, insurance and card units, led by KB Kookmin Bank. On trailing twelve-month figures to H1 2026 it reports operating income of about ₩9.5T and net income of about ₩6.3T, with ROE of 10.6%. The shares closed at ₩153,000 on 2026-10-23, about 21% below the 52-week high of ₩194,500.

What stands out

• Net income rose from about ₩5.1T in 2024 to ₩5.8T in 2025, and the trailing figure to H1 2026 is about ₩6.3T.
• Valuation is modest: P/E 8.6, P/B 0.9 and a dividend yield of 2.9%, against a fair value model base of ₩158,184 (bear ₩99,846, bull ₩234,208).
• Foreign ownership eased from 79.5% to 78.2% over 60 days, and foreign investors were net sellers of about ₩400B over the last 20 days.
• Shares are down 11.7% over one month and 10.8% over three months, though still up 33.3% over one year.
• Recent news is mostly corporate: a nationwide anti-fraud campaign with the National Police Agency, an ESG ranking, and a report on wellness; a news item notes Shinhan's takeover of Lotte Non-Life and says KB's insurance net income is about half of Shinhan's.

What to watch

• Upcoming results and any updated annual figures, since revenue and margin data are not reported for this company in the data provided.
• Filings on changes in the largest shareholder's holdings and a shareholder trust acquisition status report, both dated 2026-10-26, plus the shareholders' meeting notice from 2026-10-02.
• Continued foreign selling and the high liabilities-to-equity ratio of about 1,283%, which is typical for a bank holding company but worth noting.