KB Financial Posts Drop In Q3 Net Profit

KB Financial Group

reported a 29.2% drop in its third-quarter net profit. KB Financial's quarterly net profit fell to 410.1 billion won ($373.4 million), from KRW579.1 billion, in the year-ago period. However, analysts were expecting a net profit of KRW427.5 billion. KB Financial shares closed at $34.03 yesterday.