Financial Position and Capital Adequacy - As of December 31, 2023, the company held debt securities with a total carrying amount of ₩59,597 billion in its trading and investment securities portfolio[109]. - The company's common equity Tier I capital adequacy ratio was 13.59%, exceeding the minimum requirement of 8.0% as of December 31, 2023[115]. - Approximately 95.7% of the company's deposits had maturities of one year or less or were payable on demand as of December 31, 2023[114]. - The company had ₩113 billion of special reserves in respect of trust accounts for which it provided guarantees of principal as of December 31, 2023[111]. - The company is subject to an additional capital requirement of 1.0% for being designated as a domestic systemically important bank for 2024[118]. - The company’s capital adequacy ratios may deteriorate if its financial condition worsens or if it cannot deploy funding into low-risk assets[115]. Risk Management and Operational Challenges - The company may face challenges in realizing the full book value of debt securities due to the underdeveloped secondary market for corporate bonds in Korea[109]. - The company’s risk management strategies may not be effective in mitigating operational risks, especially in difficult market conditions[102]. - The company may be required to cover shortfalls in guaranteed trust accounts from its general banking operations, which could adversely impact its results[110]. - The company has made substantial investments in cybersecurity measures, but there is no guarantee that these measures will be fully effective against evolving cyber threats[112]. - Financial problems in restructuring large companies (chaebols) could adversely affect the financial condition of the company and its customers[141]. - The company may face adverse effects from labor unrest and economic difficulties in Korea, which could impact operations and loan repayments[139]. Economic and Market Conditions - The Bank of Korea raised its policy rate to 3.50% from April 2022 to January 2023, impacting loan demand and repayment ability of borrowers[119]. - Non-performing loans to overseas borrowers increased from ₩1,342 billion as of December 31, 2022, to ₩1,568 billion as of December 31, 2023, reflecting rising global interest rates[120]. - A sustained increase in interest rates may lead to a decline in the value of the debt securities portfolio, affecting profitability and requiring re-balancing of asset portfolios[119]. - The value of debt securities and general account assets of insurance subsidiaries may decline, resulting in lower unrealized gains and affecting solvency ratios[122]. - The Korean economy faces risks from rising inflation, increasing household debt, and potential deterioration in the financial condition of borrowers[138]. Regulatory Environment and Compliance - The Financial Consumer Protection Act, enacted in March 2020, imposes stricter distribution guidelines and increased liability for customer losses[124]. - The company may incur significant compliance costs due to strengthened consumer protection laws, impacting operational flexibility[125]. - The company is subject to regulatory scrutiny and potential burdensome measures if deemed financially unsound by the Financial Services Commission[129]. Government Influence and Market Dynamics - The Korean government has implemented measures from April 2020 to September 2023 to encourage financial support for small- and medium-sized enterprises affected by the COVID-19 pandemic[128]. - Escalating tensions with North Korea could adversely affect the company's business and market value of its securities[130]. - The Korean National Pension Service held approximately 8.30% of the total issued common stock as of December 31, 2023, which may impact market dynamics if sold[142]. - The KRX KOSPI Market, where the company's common stock is listed, has experienced substantial fluctuations, with the KOSPI at 2,628.6 on April 25, 2024, highlighting market volatility[153]. - The Korean government may impose restrictions on converting and remitting dividends in U.S. dollars during emergency circumstances, affecting cash flows[155]. - Ownership of common stock is restricted under Korean law, with a limit of 10.0% for single stockholders, which could impact investment strategies[144]. - The company has no current plans for public offerings of common stock or ADSs, but future sales could dilute existing investments[140]. - Fluctuations in the exchange rate between the U.S. dollar and the Won will affect dividend payments and the value of proceeds from sales of common stock[150]. - The potential for government influence on the private sector could lead to sudden movements in the market prices of securities, impacting the company's stock[154].

Financial Data and Key Indicator Changes - KB Financial Group's net income attributable to controlling interest for Q1 2024 was KRW1,049.1 billion, down 30.5% year-over-year [5] - Group net interest income for Q1 2024 was KRW3,151.5 billion, an increase of 11.6% year-over-year, but a slight decrease of 1.0% quarter-over-quarter [6] - Group ROE for Q1 2024 was 8.15%, while the recurring ROE, excluding one-off items, was 12.18% [18] - Group CIR for Q1 2024 stood at 36.9%, showing a steady downward trend [19] Business Line Data and Key Indicator Changes - Q1 group net fee and commissions income was KRW990.1 billion, up 8.3% year-over-year and 9.2% quarter-over-quarter, driven by increased securities fee income and card fee income [16] - Other operating profit for Q1 was KRW270.4 billion, decreasing KRW366.2 billion year-over-year but increasing by KRW762.8 billion quarter-over-quarter [28] Market Data and Key Indicator Changes - Bank loans in won at the end of March 2024 were KRW344 trillion, growing 0.6% year-to-date, with household loans at KRW167 trillion and corporate loans at KRW177 trillion [30] Company Strategy and Development Direction - The company aims to maintain a CET1 ratio of at least 13.5% by year-end to enhance future shareholder returns [3] - A new shareholder return policy was introduced, featuring evenly paid quarterly dividends and a target of maintaining or increasing annual cash dividends to at least KRW1.2 trillion [12][13] Management Comments on Operating Environment and Future Outlook - Management acknowledged the impact of heightened global security risks and exchange rate fluctuations on future economic uncertainties [3] - The company expects limited potential for rapid increases in credit costs due to previously secured loss absorption capabilities [8] Other Important Information - Provision for credit losses in Q1 was KRW428.4 billion, down 35.9% year-over-year and down 68.9% quarter-over-quarter [15] - The company plans to actively buy back and retire shares to enhance dividend per share [24] Q&A Session Summary Question: What are the expectations regarding the shareholder return policy? - The company plans to maintain a cash dividend of around KRW300 billion per quarter and aims to gradually increase the shareholder return rate through share buybacks and cancellations [13][24] Question: How does the company view the current economic environment? - Management expressed concerns about global security risks and exchange rate fluctuations but emphasized the importance of maintaining capital competitiveness [3]

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a me ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2024 Commission File Number: 000-53445 KB Financial Group Inc. (Translation of registrant's name into English) 26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports unde ...

Financial Data and Key Metrics Changes - In Q3 2023, net profit was reported at KRW1,373.7 billion, reflecting an 8.4% decrease quarter-on-quarter due to financial market volatility and reduced other operating income [3] - Group's net interest income for Q3 2023 was KRW3,087.9 billion, up 3.8% quarter-on-quarter, driven by loan growth [4] - Cumulative ROE for the year was 11.7%, with annualized EPS reported at approximately KRW14,691, an 8.3% year-over-year increase [13] Business Line Data and Key Metrics Changes - Net fee and commission income for Q3 was KRW901.4 billion, down 5.3% quarter-on-quarter [4] - Q3 G&A expenses were KRW1,564.7 billion, showing a slight decrease quarter-on-quarter due to cost rationalization efforts [5] - Other operating profit showed a loss of KRW23.1 billion in Q3, impacted by higher market rates and a one-off loss of around KRW71 billion from insurance operations [16] Market Data and Key Metrics Changes - Bank loans in won increased to KRW336 trillion as of September 2023, up 1.8% compared to late June [6] - Corporate loans increased by approximately KRW5 trillion, with large corporate loans rising by 8.9% compared to end June [6] - Group's NPL ratio as of September 2023 was 0.48%, up 4 basis points from the end of June [14] Company Strategy and Development Direction - The company aims to maintain a progressive dividend payout policy, emphasizing shareholder returns through both cash dividends and share buybacks [9][31] - The management is focused on maintaining a conservative provisioning policy to mitigate potential economic shocks and sustain stable net profit generation [66] - The company is actively managing asset quality by strengthening management of potential non-viable exposures [17] Management's Comments on Operating Environment and Future Outlook - Management expects Q4 NIM to remain stable, despite ongoing downward pressure from funding costs [7][34] - The company anticipates that full-year 2023 group credit cost will not exceed 50 basis points, reflecting a conservative approach to provisioning [14] - Management expressed confidence in the company's ability to manage risks associated with overseas real estate investments, indicating a low likelihood of losses [28] Other Important Information - The company reported a cumulative credit cost of 52 basis points for Q3, reflecting a conservative provisioning stance against economic uncertainties [66] - The estimated group BIS ratio as of late September was 16.76%, with a CET1 ratio of 13.70% [71] - The company plans to implement changes to its dividend policy in line with potential regulatory updates by the end of the year [29] Q&A Session Summary Question: Dividend payout policy changes - The CFO confirmed that the company will continue to adopt a progressive dividend payout policy [9][31] Question: Concerns about overseas real estate investments - Management reassured that the company has substantial loss absorption capability and is closely monitoring the situation [50] Question: Future dividend confirmations and government policy changes - The company is working to reflect improved government policies for dividends starting from Q1 of next year [29][51] Question: Additional provisioning for Q4 - Management indicated that the previous guidance for provisioning remains unchanged despite potential economic fluctuations [36] Question: Share buyback routine - The company is considering making share buybacks a routine practice, aligning with shareholder return policies [57]

Ta b l e o f C o n t e n t s E x h i b i t 9 9 . 1 K B F i n a n c i a l G r o u p I n c . a n d S u b s i d i a r i e s C o n s o l i d a t e d I n t e r i m F i n a n c i a l S t a t e m e n t s J u n e 3 0, 2 0 2 3 a n d 2 0 2 2 ( U n a u d i t e d ) Table of Contents KB Financial Group Inc. and Subsidiaries | Report on Review of Condensed Consolidated Interim Financial Statements | Page(s) 1 - 2 | | --- | --- | | Consolidated Interim Financial Statements | | | Consolidated Interim Statements of Financia ...

KB Financial Group Inc. (NYSE:KB) Q2 2023 Earnings Conference Call July 25, 2023 3:00 AM ET Company Participants Peter Kweon - Senior MD & Head of IR Department Young Ho Seo - Senior Executive VP & CFO Oh Byung Joo - Managing Director, KB Financial Group Inc. Conference Call Participants Jae Hyung Lee - Hyundai Motor Securities Jihyun Cho - JPMorgan Jaewoong Won - HSBC Securities Jun-Sup Jung - NH Investment and Securities Peter Kweon Greetings. I'm Peter Kweon, the Head of IR at KBFG. We will now begin th ...

Ta b l e o f C o n t e n t s E x h i b i t 9 9 . 1 K B F i n a n c i a l G r o u p I n c . a n d S u b s i d i a r i e s C o n s o l i d a t e d I n t e r i m F i n a n c i a l S t a t e m e n t s M a r c h 3 1, 2 0 2 3 a n d 2 0 2 2 ( U n a u d i t e d ) Table of Contents KB Financial Group Inc. and Subsidiaries | Report on Review of Consolidated Interim Financial Statements | Page(s) 3-4 | | --- | --- | | Consolidated Interim Financial Statements | | | Consolidated Interim Statements of Financial Position ...

Table of Contents As filed with the Securities and Exchange Commission on April 26, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For t ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2023 Commission File Number: 000-53445 KB Financial Group Inc. (Translation of registrant's name into English) 26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea (Address of principal executive office) Table of Contents Audit Report of Kookmin Bank for Fiscal Year 202 ...