KB Financial Group (105560) investor relations material

Executive summary

• First-half 2026 net profit rose 13.1% year-over-year to KRW 3,884.6 billion, driven by strong fee income, robust non-interest income, and capital market-related fees.

• Total consolidated assets reached 866.9 trillion KRW at June 2026, up 8.6% from year-end 2025.

• Group ROE for the first half was 14.09%, up 1.06 percentage points year-over-year.

• Non-bank subsidiaries contributed 44% of group net profit, reflecting portfolio resilience amid market volatility.

• The banking segment contributed 57% of net profit, with securities, insurance, and credit card segments also showing strong results.

Financial highlights

• Net interest income for H1 2026 was KRW 6.4783 trillion, up 1.7% year-over-year.

• Non-interest income for the first half was KRW 3.6292 trillion, up 33.3% year-over-year, with net fee income at KRW 3 trillion.

• Group G&A expenses increased 8.9% year-over-year to KRW 3,654.4 billion, with cost-to-income ratio (CIR) at 36.2%.

• Credit loss provisions declined 22.7% year-over-year to KRW 1,013.0 billion.

• EPS rose 18.1% year-over-year to 15,410 won; DPS up 25.5% to 1,155 won.

Outlook and guidance

• Annual NIM expected to show a slight increase compared to 2025, with improving trends anticipated in the second half.

• Fee income is expected to remain elevated, with further growth potential from planned capital market deals.

• CET1 ratio is targeted to remain above 13%, supporting further shareholder returns.

• Dividend policy is linked to capital ratios, with quarterly dividends and additional returns if capital exceeds targets.

• Management expects ongoing digital transformation, cost efficiency, and risk management to support sustainable profitability.