
KB Financial Group Reports Record Q3 Profit Nearing 6 Trillion Won
KB Financial Group achieved a record net profit for Q3, approaching 6 trillion won.
KB Financial Group achieved a record net profit for Q3, approaching 6 trillion won.
KB Financial Group has announced a record net profit for the third quarter of 2026, nearing 6 trillion won. The company reported a net profit attributable to owners of the parent at 1.9075 trillion won, reflecting a 13.1% increase from the same period last year.
Despite a slight decline from the previous quarter, the cumulative net profit for the first three quarters of the year reached 5.7921 trillion won, marking a significant 13.1% rise compared to last year. This positions KB Financial Group on track to exceed 6 trillion won in total profits for the first time in its history.
The third-quarter net interest margin (NIM) for KB Financial Group was recorded at 1.92%, slightly lower than the previous quarter. However, net interest income increased by 5.1% year-over-year, totaling 3.507 trillion won. Additionally, net fee and commission income rose by 14.2%, contributing to the overall financial success.
KB Kookmin Bank, a key affiliate of KB Financial Group, also reported strong performance with a net profit of 1.3509 trillion won, up 14.8% from last year. Other subsidiaries like KB Securities saw a staggering increase of 71.9% in net profit, showcasing the group's robust financial health.
In light of these results, KB Financial Group's board has approved a quarterly cash dividend of 1,167 won per share, reflecting the company's commitment to returning value to its shareholders.
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