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KB Financial Group (KB Financial Group) Net Margin % : 4.99% (As of Dec. 2023)


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What is KB Financial Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. KB Financial Group's Net Income for the three months ended in Dec. 2023 was $200 Mil. KB Financial Group's Revenue for the three months ended in Dec. 2023 was $4,018 Mil. Therefore, KB Financial Group's net margin for the quarter that ended in Dec. 2023 was 4.99%.

The historical rank and industry rank for KB Financial Group's Net Margin % or its related term are showing as below:

KB' s Net Margin % Range Over the Past 10 Years
Min: 14.62   Med: 24.74   Max: 28.89
Current: 23.46


KB's Net Margin % is ranked worse than
55.87% of 1457 companies
in the Banks industry
Industry Median: 25.09 vs KB: 23.46

KB Financial Group Net Margin % Historical Data

The historical data trend for KB Financial Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KB Financial Group Net Margin % Chart

KB Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.47 23.42 26.36 25.67 24.16

KB Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.34 30.20 30.06 30.14 4.99

Competitive Comparison of KB Financial Group's Net Margin %

For the Banks - Regional subindustry, KB Financial Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KB Financial Group's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KB Financial Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where KB Financial Group's Net Margin % falls into.



KB Financial Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

KB Financial Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=3551.021/14698.912
=24.16 %

KB Financial Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=200.468/4017.709
=4.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KB Financial Group  (NYSE:KB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


KB Financial Group Net Margin % Related Terms

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KB Financial Group (KB Financial Group) Business Description

Traded in Other Exchanges
Address
26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331
KB Financial is the parent company of KB Kookmin Bank, Korea's largest commercial bank, with a 12.8% share of loans as of 2022. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.

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