EarningsQ2 2026 Earnings Report
MX:KBN Q2 2026 EPS Results
Actual EPS$69.63
Consensus EPS$62.20
Beat/MissBeat by +$7.43
One Year Ago EPS$62.88
MX:KBN Q2 2026 Revenue Results
Actual Revenue$188.11B
Expected Revenue$60.28B
Beat/MissBeat by +$127.83B
YoY Revenue Growth+10.17%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeTBA
Conference CallThursday, July 23, 2026
MX:KBN Upcoming Earnings
Kb Financial Group's next earnings date is estimated for October 27, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:KBN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call conveyed a broadly positive performance: strong H1 profit growth (+13.1% YoY), record first-half operating income (above KRW 10 trillion), materially higher fee income (+33.3% YoY) and improved ROE (14.09%), supported by a stronger contribution from securities subsidiaries and solid capital ratios (CET1 13.74%). Management also committed to substantial shareholder returns (KRW 700 billion buyback, target ~KRW 3.7 trillion for 2026). Noted headwinds include modest QoQ NIM compression (bank NIM down ~3 bp, group NIM down ~5 bp), one-off provisioning in Q2, insurance loss ratio pressures, higher G&A driven by compensation and taxes, and macro/FX/ELS-related uncertainties. On balance, positives (profitability, fee growth, capital and shareholder returns, improving credit cost YoY) outweigh the challenges, though management highlighted conservative provisioning and caution on sustainability of fee levels given market volatility.Company Guidance
Strong Profit Growth
Q2 net profit of KRW 1,992.2 billion and H1 net profit of KRW 3,884.6 billion, representing a 13.1% YoY increase in first half net profit.
Record High Operating Income
Group first half total operating income exceeded KRW 10 trillion for the first time in history, driven by fee income expansion and securities contribution.
Material Increase in Noninterest Income and Fees
Group noninterest income recorded KRW 3,629.2 billion in H1, a 33.3% YoY increase; cumulative net fee income reached ~KRW 3 trillion and Q2 net fee income rose 17.8% QoQ to KRW 1,601.9 billion. Net fee & commission contributed >31% to top line for the first time.
Securities Subsidiary Driving Earnings
Security subsidiaries' contribution to group net income increased to approximately 21% of group net income in H1; investment subsidiary valuation gains on unlisted stocks rose 29.1% QoQ.
Improved Return Metrics
Group ROE for H1 improved to 14.09%; management targets mid- to long-term group ROE ~13% with bank >11% and securities ~14% ranges discussed.
Capital Position and Shareholder Returns
June-end CET1 ratio 13.74% (up 10 bp QoQ) and preliminary BIS ratio 15.91%. Board approved KRW 700 billion share buyback & cancellation, Q2 cash dividend of KRW 1,155 per share, and management expects ~KRW 3.7 trillion total shareholder returns in 2026 (including prior KRW 2.820 trillion).
Loan Growth and Productive Financing
Bank loans in won totaled KRW 385 trillion, up 2% vs end-2025 and +1.6% QoQ; household loans KRW 184 trillion and corporate loans KRW 201 trillion (corporate loans +2.2% QoQ), with focus on productive financing and SME transition.
Asset Quality and Provisioning Improvement (YoY)
Group credit cost for H1 was 39 bp, a significant improvement of 15 bp YoY; Q2 group credit cost 38 bp and credit cost trend described as improving excluding one-off items.
Cost Efficiency Maintained
1H G&A expenses rose 8.9% YoY, but group CIR remained 36.2%. Excluding typical Q4 one-offs, CIR has been stably managed in the mid- to upper-30% range since 2023.
Planned Capital Reallocation to Growth Businesses
Two rounds of paid-in capital increase totaling KRW 1.7 trillion to reinvest in the securities business to capture WM market shifts and prepare for IMA authorization opportunities.
MX:KBN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed