KB Financial Group Inc (FRA:KBIA)
€ 51 -1 (-1.92%) Market Cap: 19.40 Bil Enterprise Value: 82.32 Bil PE Ratio: 7.57 PB Ratio: 0.52 GF Score: 66/100

Q4 2023 KB Financial Group Inc Earnings Call Transcript

Feb 07, 2024 / 07:00AM GMT
Release Date Price: €45.2 (+4.15%)
Bong Joong Kwon
KB Financial Group Inc. - Senior MD & Head of IR Department

Greetings. I am Peter Kwon, the Head of IR at KBFG. We will now begin the 2023 Full Year Business Results Presentation. I would like to express my deep gratitude to everyone for participating today. We have here with us our Group CFO and SEVP Jae Kwan Kim, as well as other members from our group management. We will first hear the 2023 major financial highlights from CFO and SEVP, Jae Kwan Kim and then engage in a joint Q&A session.

I would like to invite our CFO and SEVP to deliver our 2023 earnings results.

Kim Jae Kwan

Good afternoon. I am Jae Kwan Kim, the CFO of KB Financial Group. Thank you for taking part in our 2023 earnings presentation. Before going into the details of the business results, let me briefly walk you through the key financial highlight for the year of 2023 of KB Financial Group.

KB Financial Group's net profit attributable to controlling interest for 2023 posted KRW 4,631.9 billion. It is up 11.5% Y-o-Y, driven by noninterest income-led solid

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