KB Financial Q1 Profit, Revenue Rise; Shares Up Pre-Bell
MT Newswires Live
Apr 23
KB Financial Group (KB) reported Q1 profit Thursday of 1.917 trillion South Korean won ($1.29 billion), up from 1.699 trillion won a year earlier.
Analysts surveyed by FactSet expected 1.796 trillion won.
Revenue for the quarter, expressed as the sum of net interest income and net noninterest income, was 4.986 trillion won, up from 4.554 trillion won a year earlier.
Analysts surveyed by FactSet expected 4.663 trillion won.
The company's shares were up 2.7% in premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.