KB on NYSE

KB Financial Group

Logo: Parkso123, CC BY-SA 3.0, via Wikimedia Commons5

Korean financial services company

KB Financial Group Inc (Korean: 주식회사 케이비금융지주; RR: Jusik-hoesa Keibi Geumyung Jiju) is a finance holding company headquartered in Seoul, South Korea. The Group and its subsidiaries provide a broad range of banking and financial services. It is one of the domestic systemically important banks (D-SIBs) identified by the Financial Services Commission.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Sep 29, 2008Founded1

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  • TickerKB on NYSE1
  • Industryfinancial services1
  • HeadquartersSeoul1
  • Websitewww.kbfg.com/Eng/index.jsp
  • Legal formjusik hoesa1
  • Incorporated inKorea, Republic of6
  • Business address141, Uisadang-Daero, Yeongdeungpo-Gu, Seoul, M5 073326
  • Filer categoryLarge accelerated filer6
  • LEI529900TKE4MXG3Q6GW864
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address서울특별시 영등포구 국제금융로8길 26 (여의도동), 07331 Seoul, South Korea4
  • Registered withSupreme Court Registry, 110111-39755174

KB Financial Group Inc (Korean: 주식회사 케이비금융지주; RR: Jusik-hoesa Keibi Geumyung Jiju) is a finance holding company headquartered in Seoul, South Korea. The Group and its subsidiaries provide a broad range of banking and financial services. It is one of the domestic systemically important banks (D-SIBs) identified by the Financial Services Commission.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in KRW, the currency the company reports in.

Key numbers, fiscal 2023

0.0%Operating margin8
0.0%Net margin8
17.8%Revenue growth, 20238
8.9%Return on equity9
259.63×Debt to equity9
2.9B KRWFree cash flow8

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Other costs100¢16.2T KRW
  • Interest0¢13.2B KRW
  • Income tax0¢1.2B KRW
  • Profit0¢3.5B KRW

Out of 16.2T KRW in revenue.8

Where each dollar of operating cash went, fiscal 2023

  • Capital spending0¢271.2M KRW
  • Dividends paid100¢1.3T KRW
  • Share buybacks0¢442.9M KRW

Out of 3.2B KRW of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.89

Financial statements

Revenue10111213816.2T KRW in 2023+49% since 2018
05.0T KRW10.0T KRW15.0T KRW20.0T KRW2018: 10.9T KRW10.9T KRW20182019: 11.4T KRW11.4T KRW2019+5%2020: 12.5T KRW12.5T KRW2020+9%2021: 14.5T KRW14.5T KRW2021+16%2022: 13.8T KRW13.8T KRW2022−5%2023: 16.2T KRW16.2T KRW2023+18%
Operating income141011121385.0B KRW in 2023+30% since 2018
02.0B KRW4.0B KRW6.0B KRW2018: 3.8B KRW3.8B KRW20182019: 3.9B KRW3.9B KRW2019+1%2020: 4.3B KRW4.3B KRW2020+9%2021: 5.1B KRW5.1B KRW2021+21%2022: 4.5B KRW4.5B KRW2022−13%2023: 5.0B KRW5.0B KRW2023+11%
Net income141011121383.5B KRW in 2023+28% since 2018
01.0B KRW2.0B KRW3.0B KRW4.0B KRW2018: 2.8B KRW2.8B KRW20182019: 2.9B KRW2.9B KRW2019+4%2020: 3.2B KRW3.2B KRW2020+12%2021: 3.7B KRW3.7B KRW2021+15%2022: 3.3B KRW3.3B KRW2022−10%2023: 3.5B KRW3.5B KRW2023+7%
Fiscal year201820192020202120222023
Revenue10.9T KRW1011.4T KRW1112.5T KRW1214.5T KRW1313.8T KRW816.2T KRW8
Operating income$3.8B14$3.9B10$4.3B11$5.1B12$4.5B13$5.0B8
Interest$3.4B12$6.1B13$13.2B8
Income before tax$5.1B12$4.6B13$4.8B8
Income tax$1.4B12$1.3B13$1.2B8
Net income$2.8B14$2.9B10$3.2B11$3.7B12$3.3B13$3.5B8
Earnings per share$6.9414$7.3110$8.1111$9.3912$8.6913$8.978
Earnings per share (diluted)$6.9014$7.2610$8.0111$9.1912$8.4913$8.768
Shares (weighted, basic)389.6M shares8389.6M shares9384.0M shares9
Shares (weighted, diluted)398.6M shares8398.9M shares9393.3M shares9

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Corporate structure

KB Financial Group sits at the top of its group. 58 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of KB Financial Group

  • BlackRock Filed SCHEDULE 13G/A on KB Financial Group, latest Jul 30, 2026 (5 filings since Feb 3, 2022)
  • Capital Research Global Investors Filed SCHEDULE 13G/A on KB Financial Group, latest May 14, 2026 (2 filings since Aug 13, 2025)
  • KB Financial Group Seoul, South Korea
    • KB Kookmin Bank 100% · Seoul, South Korea
      • guo min yin hang zhong guo you xian gong si (国民银行(中国)有限公司) Branch · 北京市, China
      • KOOKMIN BANK Branch · Seoul, South Korea
    • 주식회사 KB국민카드 Subsidiary · 100% · Seoul, South Korea
    • 주식회사 케이비라이프생명보험 Subsidiary · 100% · Seoul, South Korea
    • 주식회사 케이비손해보험 Subsidiary · 100% · Seoul, South Korea
    • 케이비자산운용 주식회사 Subsidiary · 100% · Seoul, South Korea
      • KB MENA 증권 모투자신탁(주식) Fund · Seoul, South Korea
      • KB RISE 인도디지털성장증권상장지수투자신탁(주식-파생형) Fund · Seoul, South Korea
      • KB RiverRock 유럽 PDF 전문투자형 사모 투자신탁 제1호 Fund · Seoul, South Korea
      • KB US 밸류 일반 사모 증권 투자신탁(주식)(전문) Fund · Seoul, South Korea
      • KB 글로벌 ESG 성장 리더스 증권 모투자신탁 (USD)(주식) Fund · Seoul, South Korea
      • KB 글로벌 반려행복 펫케어 증권 모투자신탁(USD)(주식) Fund · Seoul, South Korea
      • KB 글로벌 빅데이터 리서치 증권 모투자신탁(USD)(주식) Fund · Seoul, South Korea
      • KB 글로벌 일반 사모 증권 투자신탁 제1호(주식)(전문) Fund · Seoul, South Korea
      • KB 글로벌 집중투자형 일반 사모 증권 투자신탁 제1호(주식)(전문) Fund · Seoul, South Korea
      • KB 글로벌 코어 리츠 부동산 모투자신탁(재간접형) Fund · Seoul, South Korea
      • KB 글로벌 테크놀로지 EMP 증권 모투자신탁(주식-재간접형) Fund · Seoul, South Korea
      • KB 글로벌주식 인덱스 증권 모투자신탁(USD)(주식) Fund · Seoul, South Korea
      • KB 러시아 대표성장주 증권 모투자신탁(주식) Fund · Seoul, South Korea
      • KB 리더스 글로벌 일반 사모 투자신탁 제23호(전문) Fund · Seoul, South Korea
      • KB 멀티에셋 전문투자형 사모 증권 모투자신탁 제P-1호(USD)(채권혼합) Fund · Seoul, South Korea
      • KB 멀티에셋 전문투자형 사모 증권 자투자신탁 제P-1호(채권혼합) Fund · Seoul, South Korea
      • KB 멀티에셋 전문투자형 사모 증권 투자신탁 제1호(채권혼합-재간접형) Fund · Seoul, South Korea
      • KB 미국 롱숏 전문투자형 사모 증권 투자신탁 제1호(주식-재간접형) Fund · Seoul, South Korea
      • KB 베트남 포커스 증권 모투자신탁(주식) Fund · Seoul, South Korea
      • KB 북미 Aspen 에너지 전문투자형 사모특별자산투자신탁(금전채권) Fund · Seoul, South Korea
      • KB 브라질 증권 모투자신탁(주식) Fund · Seoul, South Korea
      • KB 브룩필드 지속가능 에너지 인프라 증권 모투자신탁(USD)(주식) Fund · Seoul, South Korea
      • KB 스타 인도 Nifty 50 인덱스 증권 모 투자신탁(USD)(주식-파생형) Fund · Seoul, South Korea
      • KB 옐로우엄브렐러 글로벌 일반 사모 모투자신탁 제2호(USD)(채권-파생형)(전문) Fund · Seoul, South Korea
      • KB 온국민 TDF 2020 증권 투자신탁(채권혼합-재간접형) Fund · Seoul, South Korea
      • and 24 more
    • 케이비증권 주식회사 Subsidiary · 100% · Seoul, South Korea
      • KB Securities Hong Kong Limited Subsidiary · 100% · Hongkong, Hong Kong
      • KBFG Securities America Inc. Subsidiary · 100% · New York, New York, United States
    • 케이비캐피탈 주식회사 Subsidiary · 100% · Suwon-si, South Korea

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What KB Financial Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$3.6B9 Dec 31, 2024$3.8B8 Dec 31, 2023−4.8%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$2.5B9 Dec 31, 2024$3.2B8 Dec 31, 2023−20.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$16.7B9 Dec 31, 2024$17.5B9 Dec 31, 2023−4.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill874.0B KRW9 Dec 31, 2024867.0B KRW9 Dec 31, 2023+0.8%

The story

KB Financial Group was established through the restructuring of Kookmin Bank into a holding company in September 2008. Kookmin Bank launched a financial holding firm to boost non-banking operations such as brokerage, insurance, and consumer finance. After its establishment, KB acquired non-banking financial services companies, including LIG Insurance, Hyundai Securities, Prudential Life Korea, etc.

In 2015, KB acquired LIG Insurance, South Korea's fourth-largest non-life insurance company with assets totaling 24 trillion won, from LIG Group and changed its name to KB Insurance. KB also took over Hyundai Securities from Hyundai Group after beating Korea Investment and Hong Kong–based private equity firm Actis in 2016. KB has merged its existing stock brokerage firm KB Investment & Securities with Hyundai Securities and renamed it as KB Securities. In 2020, KB reinforced its life insurance business by acquiring a 100% stake in Prudential Financial Inc's South Korean unit for 2.3 trillion won.

In 2021, KB Financial Group bought a majority stake in the Indonesia-based Bank Bukopin and changed its name to KB Bukopin.

For the year 2025, South Korea’s four largest financial holding companies (KB Financial Group, Shinhan Financial Group, Hana Financial Group, and Woori Financial Group) reported a combined nearly 18 trillion won ($12.6 billion) in net profit. Specifically, KB posted the strongest growth, with net profit rising 15.1% to 5.84 trillion won.

In February 2026, it was announced that KB had broken above value for the first time. This milestone fueled expectations of a broader re-rating across domestic financial holding firms long viewed as chronically undervalued.

From Wikipedia’s article on KB Financial Group, shared under CC BY-SA 4.0.7

Products and brands

There are 13 subsidiaries under KB Financial Group, including Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, Prudential Life Insurance Korea, KB Asset Management, KB Capital, KB Life Insurance, KB Real Estate Trust, KB Savings Bank, KB Investment, KB Data Systems, and KB Credit Information.

From Wikipedia’s article on KB Financial Group, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Sep 29, 2008Founded Founded1

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $3.21 a share, on Nov 14, 2025.15

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

253 filings to the SEC since October 2021: 5 annual reports, 7 large holders, 241 other. The latest 20:

  1. Oct 15, 20266-K EDGAR
  2. Oct 2, 20266-K EDGAR
  3. Aug 21, 20266-K EDGAR
  4. Aug 14, 20266-K EDGAR
  5. Jul 30, 2026SCHEDULE 13G/A EDGAR
  6. Jul 23, 20266-K EDGAR
  7. Jul 23, 20266-K EDGAR
  8. Jul 23, 20266-K EDGAR
  9. Jul 23, 20266-K EDGAR
  10. Jul 23, 20266-K EDGAR
  11. Jul 21, 20266-K EDGAR
  12. Jul 16, 20266-K EDGAR
  13. Jul 16, 20266-K EDGAR
  14. Jul 9, 20266-K EDGAR
  15. Jun 30, 20266-K EDGAR
  16. Jun 26, 20266-K EDGAR
  17. Jun 18, 20266-K EDGAR
  18. May 19, 20266-K/A EDGAR
  19. May 18, 20266-K EDGAR
  20. May 15, 20266-K EDGAR

The 253 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How KB Financial Group is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKB Financial Group Inc.2
  • CIK0001445930
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company18
  • Incorporated inM518
  • Fiscal year endsDecember 312
  • Industry code (SIC)6029 Commercial Banks, NEC2
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance2
  • Business address141, Uisadang-Daero, Yeongdeungpo-Gu, Seoul, M5 073322
  • Phone822-2073-28452
  • Shares outstanding358,587,722 shares as of Dec 31, 202518
  • AuditorSamil PricewaterhouseCoopers, Korea PCAOB ID 1103; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceSep 29, 20082
  • Filings861 in all: 6-K (762), 20-F (18), SC 13G/A (18), UPLOAD (15), 6-K/A (12), CORRESP (12), SC 13G (3), SCHEDULE 13G/A (3)2
    All 19 form types

    20-F/A (2), 424B5 (2), CB (2), EFFECT (2), F-6 (2), F-X (2), SCHEDULE 13G (2), 8-K12G3 (1), F-3ASR (1), F-6EF (1), POS AM (1)

  • Latest filingsAnnual report (20-F) Apr 28, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares, each representing one share of Common StockKBNew York Stock Exchange
Common Stock, par value ₩5,000 per shareKBNew York Stock Exchange

From the cover page of the 20-F filed Apr 28, 2026 (Section 12(b) of the Exchange Act).18