KB Financial Group (A105560) investor relations material

Executive summary

• First-half 2026 group net profit reached KRW 3,884.6 billion, up 13.1% year-over-year, driven by strong fee income, robust non-interest income, and record total operating income exceeding KRW 10 trillion.

• Return on equity (ROE) for the first half was 14.09%, up 1.06 percentage points year-over-year, continuing its upward trend.

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

• Preliminary results are based on K-IFRS and subject to auditor review.

Financial highlights

• Q2 net profit was KRW 1,992.2 billion; first-half cumulative net profit was KRW 3,884.6 billion, up 13.1% year-over-year.

• Group NII for the first half was KRW 6.4783 trillion, a 1.7% year-over-year increase.

• Non-interest income for the first half was KRW 3.6292 trillion, up 33.3% year-over-year, led by capital market fees and improved credit card fees.

• Group CIR posted 36.2% for the first half, with G&A expenses up 8.9% year-over-year.

• Provision for credit losses declined 22.7% year-over-year to KRW 1,013.0 billion, reflecting proactive risk management.

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 compared to the previous year, with potential for further growth from planned capital market deals.

• Conservative provisioning stance will be maintained in the second half, with credit cost expected in the early to mid-40 BP range.

• FY2026 total shareholder return estimated at KRW 3.7 trillion, including a KRW 700 billion share buyback and cancellation in 2H26.

• Mid- to long-term group ROE target is around 13%, with this year expected to exceed 11%.