KB Financial Group (A105560) investor relations material

Executive summary

• Net income for Q1 2026 was KRW 1,916.5 billion, up 11.5% YoY, with ROE at 13.94%, reflecting resilient fundamentals amid FX volatility and Middle East conflict.

• Non-bank subsidiaries contributed 43% of group net profit, highlighting successful diversification and capital market expansion.

• Major treasury share cancellation (14.26 million shares, 3.8% of total, approx. KRW 2.3tn) executed, the largest in industry value.

• Quarterly dividend per share increased 25.3% YoY to KRW 1,143, with ongoing share buybacks totaling KRW 1.2tn for 1H26.

• Total consolidated assets reached KRW 829,741,377 million as of March 31, 2026.

Financial highlights

• Net interest income: KRW 3,334.8 billion, up 2.2% YoY, driven by core deposit growth and stable NIM.

• Non-interest income: KRW 1,650.9 billion, up 27.8% YoY, with fee/commission income up 45.5% YoY.

• G&A expenses rose 9.9% YoY, but CIR managed at 35.4%.

• Credit loss provisions: KRW 493.2 billion, down 24.8% YoY; credit cost ratio at 40 bps.

• EPS for Q1 2026 was KRW 5,165, up 16.6% YoY.

Outlook and guidance

• Household loan growth target: 1%-2%; corporate loans: 6%-7%; overall loan growth: ~4% for 2026.

• NIM expected to remain stable or slightly increase, reflecting market rate trends.

• Credit cost ratio guidance maintained at early to mid-40 bps, with conservative provisioning.

• Ongoing share buybacks and quarterly-even dividend policy to enhance shareholder returns.

• Financial statements are subject to auditor review, which may result in changes.