KB Financial Group (KB) Scheduled to Post Quarterly Earnings on Wednesday

KB Financial Group (NYSE:KBGet Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 7th. Analysts expect KB Financial Group to post earnings of $0.64 per share for the quarter.

KB Financial Group (NYSE:KBGet Free Report) last released its earnings results on Tuesday, November 14th. The bank reported $2.70 earnings per share for the quarter. The business had revenue of $3.50 billion during the quarter. KB Financial Group had a return on equity of 8.29% and a net margin of 13.98%. On average, analysts expect KB Financial Group to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

KB Financial Group Stock Performance

Shares of KB Financial Group stock opened at $47.28 on Tuesday. The firm has a market cap of $19.08 billion, a P/E ratio of 5.26, a P/E/G ratio of 0.37 and a beta of 0.99. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 2.36. KB Financial Group has a 12 month low of $35.20 and a 12 month high of $50.02. The stock’s fifty day moving average price is $40.01 and its 200-day moving average price is $40.28.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Citigroup Inc. grew its position in shares of KB Financial Group by 175.0% in the third quarter. Citigroup Inc. now owns 49,690 shares of the bank’s stock valued at $2,043,000 after purchasing an additional 31,622 shares during the period. Deutsche Bank AG raised its stake in shares of KB Financial Group by 3,226.0% in the 3rd quarter. Deutsche Bank AG now owns 6,785 shares of the bank’s stock valued at $279,000 after acquiring an additional 6,581 shares during the period. Creative Planning raised its stake in shares of KB Financial Group by 16.4% in the 3rd quarter. Creative Planning now owns 43,068 shares of the bank’s stock valued at $1,771,000 after acquiring an additional 6,060 shares during the period. Morgan Stanley increased its stake in KB Financial Group by 4.4% during the 3rd quarter. Morgan Stanley now owns 1,166,599 shares of the bank’s stock worth $47,959,000 after buying an additional 49,146 shares during the period. Finally, Royal Bank of Canada increased its stake in KB Financial Group by 20.7% during the 3rd quarter. Royal Bank of Canada now owns 364,304 shares of the bank’s stock worth $14,976,000 after buying an additional 62,391 shares during the period. 6.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised KB Financial Group from a “hold” rating to a “buy” rating in a report on Monday, November 20th.

Get Our Latest Analysis on KB Financial Group

About KB Financial Group

(Get Free Report)

KB Financial Group Inc provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. The company operates through seven segments: Retail Banking, Corporate Banking, Other Banking, Credit Card, Securities, Life Insurance, and Non-Life Insurance.

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Earnings History for KB Financial Group (NYSE:KB)

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