KB Financial Posts Downbeat Q4 Net Profit

KB Financial Group Inc KB reported a weaker-than-expected Q4 net profit. KB Financial posted a quarterly net profit at KRW219.1 billion ($196.4 million), versus a year-ago loss of KRW341 billion. However, analysts were expecting a net profit of KRW247.7 billion. KB Financial shares closed at $39.93 yesterday.