KB Financial: Q1 Net Profit And Updated Dividend Guidance Surpassed Expectations
Source: SeekingAlpha
2025-04-30 12:42:28 ET
Summary
- I am still bullish on KB Financial, taking into account positive surprises related to its first quarter results and full-year shareholder return prospects.
- The company's recent quarterly net income came in +6% better than the consensus forecasts, thanks to NIM expansion and cost optimization.
- It raised its full-year dividend guide by 8%, and disclosed a new KRW 0.3T share repurchase plan.
My rating for KB Financial Group Inc. ( KB ) (105560.KS) or "KFGI" remains a Buy.
The prior June 8, 2024 article looked at KB's re-rating triggers associated with sentiment shifts and shareholder-friendly actions....
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KB Financial: Q1 Net Profit And Updated Dividend Guidance Surpassed Expectations
KB Financial Group Inc
NASDAQ: KB
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