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Updated: Sep 6, 2026
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KB Financial Group

NYSE:KB·Stock Analysis Report
Day Range
$131.58 - $133.29
Market Cap
45.18B
P/E Ratio
10.7585
Avg Value
$105.38
Year Range
$77.46 - $133.29
$132.88$0.87 (0.66%)
1
General Information
KB Financial Group Inc. is a financial holding company in Korea.

The company operations include Kookmin Bank, one of the commercial banks in Korea. The company's subsidiaries collectively engage in a broad range of businesses, including commercial banking, credit cards, asset management, non-life and life insurance, capital markets activities, and international banking and finance. The company's segments include the Banking business, Securities business, Non-life Insurance business, Credit card business, and Life Insurance business. The Group generates the majority of its revenue from the Banking business.

2
KB Financial Group (KB) Stock Graph
3
How We Grade KB Financial Group (KB)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade KB Financial Group (KB) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

51.9

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

Quality is a composite ranking that evaluates a company's operational efficiency and financial health by analyzing historical profitability metrics and fundamental strength indicators on a percentile basis relative to peers.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, KB's earnings have fluctuated but has increased since, this is a positive sign for the stock.
6
Past Performance
How has KB Financial Group (KB) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

KB Financial Group (KB) sharpe ratio over the past 5 years is 1.6821 which is considered to be above average compared to the peer average of 1.2662

7
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is KB's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Revenue
17,831.74
20,146.44
19,839.07
21,432.91
22,566.62
Operating Revenue
17,831.74
20,146.44
19,839.07
21,432.91
22,566.62
Cost Of Revenue
Gross Profit
Operating Expense
Selling General And Administration
6,691.89
5,875.02
6,391.85
6,528.46
6,797.73
Research and Development
Operating Income
Net Non-Operating Interest Income Expense
Other Income Expense
Other Non-Operating Income Expenses
9.09
-311.70
-1,030.39
-462.86
-788.48
Pre-Tax Income
5,795.63
6,170.45
6,985.25
8,183.15
8,897.30
Tax Provision
1,622.39
1,607.02
1,956.64
2,342.43
2,576.31
Net Income
4,394.83
4,631.93
5,078.22
5,833.16
6,282.06
Net Income Common Stockholders
4,394.83
4,543.16
4,830.35
5,630.77
6,096.17
Total Operating Income As Reported
Total Expenses
Net Income From Continuing And Discontinued Operation
4,394.83
4,631.93
5,078.22
5,833.16
6,282.06
Normalized Income
4,515.82
4,632.64
5,322.01
5,973.54
6,422.16
Interest Income
20,788.52
29,145.08
30,491.38
29,156.10
28,928.35
Interest Expense
7,675.58
17,003.36
17,664.67
16,083.01
15,745.69
Net Interest Income
13,112.93
12,141.72
12,826.71
13,073.09
13,182.66
EBIT
EBITDA
Reconciled Cost Of Revenue
Reconciled Depreciation
1,016.46
865.93
916.30
914.69
900.04
Normalized EBITDA
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.26
Tax Effect Of Unusual Items
-45.79
-0.25
-98.21
-44.44
-44.37
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Assets
701,170.85
715,738.15
757,845.53
797,923.03
866,889.21
Current Assets
Total Non-Current Assets
Total Liabilities Net Minority Interest
651,527.93
656,864.84
698,030.35
737,093.04
804,187.38
Current Liabilities
Other Non-Current Liabilities
Total Equity Gross Minority Interest
49,642.91
58,873.31
59,815.18
60,829.99
62,701.82
Stockholders Equity
Total Capitalization
169,068.09
177,730.00
184,892.42
189,596.00
201,278.35
Common Stock Equity
48,362.81
56,929.80
57,888.95
59,048.21
60,890.84
Net Tangible Assets
45,162.41
54,978.95
55,922.27
57,438.78
59,295.51
Working Capital
Invested Capital
169,068.09
177,730.00
184,892.42
189,596.00
201,278.35
Tangible Book Value
45,162.41
54,978.95
55,922.27
57,438.78
59,295.51
Total Debt
121,297.98
121,389.00
127,967.86
131,448.90
140,387.51
Net Debt
87,654.53
90,012.75
96,210.72
94,897.98
95,769.16
Share Issued
0.41
0.40
0.39
0.38
0.35
Ordinary Shares Number
0.39
0.38
0.37
0.36
0.35
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
5,686.08
4,108.82
4,020.19
4,226.38
6,399.81
Net Income from Continuing Operations
4,173.24
4,563.43
5,028.61
5,840.72
6,320.99
Depreciation and Amortization
1,016.46
865.93
916.30
914.69
900.04
Deferred Tax
Deferred Income Tax
Stock-Based Compensation
58.27
69.70
140.45
153.88
160.32
Other Non-Cash Items
1,757.65
-5,361.82
-8,463.27
-8,470.68
-7,064.32
Change in Working Capital
-3,793.38
1,855.09
3,091.95
4,966.36
9,336.30
Change in Receivables
-105.89
-39.63
-95.54
-48.73
-103.15
Changes in Account Receivables
Change in Inventory
Change in Payables and Accrued Expense
335.00
-853.35
385.38
79.77
-60.44
Change in Payable
335.00
-853.35
385.38
79.77
-60.44
Change in Account Payable
Change in Other Current Assets
-1,222.95
-3,780.80
1,393.45
-9,035.66
-27,970.85
Change in Other Current Liabilities
-2,862.92
9,952.43
-4,948.83
5,483.92
20,773.61
Change in Other Working Capital
21,486.48
11,943.10
34,146.90
31,966.08
42,965.85
Cash Flow from Continuing Investing Activities
-20,285.72
-3,519.49
-3,825.06
-5,537.90
-9,704.33
Net PPE Purchase and Sale
-265.76
-341.96
-318.56
-241.51
-152.50
Net Business Purchase and Sale
932.43
1,297.00
88.53
-264.87
-1,550.83
Purchase of Business
Net Investment Purchase and Sale
-21,341.48
-2,638.28
-3,105.33
-5,670.91
-7,872.90
Purchase of Investment
-57,015.97
-58,600.27
-64,077.26
-82,957.31
-80,953.92
Sale of Investment
35,674.49
55,961.99
60,971.93
77,286.40
73,081.02
Net Other Investing Changes
-21.46
-496.25
-397.23
356.86
393.84
Financing Cash Flow
15,318.24
-1,239.07
-1,983.84
5,797.92
8,262.34
Cash Flow from Continuing Financing Activities
15,318.24
-1,239.07
-1,983.84
5,797.92
8,262.34
Net Issuance Payments of Debt
15,388.18
-2,363.90
513.72
7,236.43
10,902.97
Net Long-Term Debt Issuance
15,388.18
-2,363.90
513.72
7,236.43
10,902.97
Long-Term Debt Issuance
122,276.96
83,777.49
86,031.65
97,073.91
105,331.92
Long-Term Debt Payments
-106,888.78
-86,141.39
-85,517.92
-89,837.48
-94,428.95
Net Short-Term Debt Issuance
Net Common Stock Issuance
-571.75
-820.00
-1,480.00
-1,464.29
Common Stock Issuance
Common Stock Payments
-571.75
-820.00
-1,480.00
-1,464.29
Cash Dividends Paid
Net Other Financing Charges
1,367.81
2,848.48
-190.58
1,343.79
472.19
End Cash Position
54,030.55
104,439.70
100,505.85
106,339.09
111,637.48
Changes in Cash
718.61
-649.74
-1,788.71
4,486.40
4,957.81
Beginning Cash Position
36,976.49
105,147.91
101,723.57
101,927.40
106,002.82
Capital Expenditure
-534.19
-680.57
-626.91
-554.97
-494.55
Issuance of Capital Stock
Issuance of Debt
122,276.96
83,777.49
86,031.65
97,073.91
105,331.92
Repayment of Debt
-106,888.78
-86,141.39
-85,517.92
-89,837.48
-94,428.95
Repurchase of Capital Stock
-571.75
-820.00
-1,480.00
-1,464.29
Free Cash Flow
5,151.89
3,428.25
3,393.28
3,671.41
5,905.26