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KBC Ancora distributes an interim dividend of EUR 3.51 per share on 5 June 2025
Globenewswire· 2025-05-23 15:40
Group 1 - KBC Ancora will distribute an interim dividend of EUR 3.51 per share on 5 June 2025, with a net amount of EUR 2.457 after a 30% withholding tax [1] - KBC Ancora holds 18.6% of the shares in KBC Group and is part of a shareholder agreement with Cera, MRBB, and other permanent shareholders to ensure shareholder stability and development of KBC Group [2] - The ex-date for the dividend is set for 3 June 2025, with the record date on 4 June 2025 [5] Group 2 - The annual press release for the financial year 2024/2025 will be available on 29 August 2025, followed by the annual report on 30 September 2025 [3] - The General Meeting of Shareholders is scheduled for 31 October 2025 [3]
KBC Group: First-quarter result of 546 million euros
Globenewswire· 2025-05-15 05:00
Financial Performance - KBC Group reported a net profit of 546 million euros in Q1 2025, an increase from 506 million euros in Q1 2024 but a decrease from 1,116 million euros in Q4 2024 [1] - Basic earnings per share were 1.32 euros, up from 1.18 euros in Q1 2024 but down from 2.75 euros in Q4 2024 [1] - The net result breakdown by business unit showed Belgium contributing 281 million euros, the Czech Republic 207 million euros, International Markets 135 million euros, and a loss of 77 million euros from the Group Centre [1] Loan and Deposit Growth - The loan portfolio expanded by 2% quarter-on-quarter and 7% year-on-year [2] - Customer deposits, excluding volatile short-term deposits, remained stable quarter-on-quarter and increased by 7% year-on-year [2] Operating Expenses and Credit Costs - Operating expenses increased due to the recording of bank and insurance taxes, but fell by 8% quarter-on-quarter when excluding these taxes [3] - Insurance service expenses and loan loss impairment charges decreased, resulting in a favorable credit cost ratio of 8 basis points for the quarter [3] Solvency and Liquidity - KBC maintained a strong solvency position with a fully loaded common equity ratio under Basel IV of 14.5% at the end of March 2025 [4] - The liquidity position was solid, with a Liquidity Coverage Ratio (LCR) of 157% and a Net Stable Funding Ratio (NSFR) of 140% [4] Dividend and Capital Deployment - A final dividend of 3.15 euros per share was paid on May 8, 2025, totaling 4.85 euros per share for the full year 2024 [5] - Starting in 2025, the company will pay a dividend of 50% to 65% of its consolidated result, with a focus on organic growth and potential mergers and acquisitions [5] Acquisition Strategy - KBC agreed to acquire 98.45% of 365.bank in Slovakia for a total value of 761 million euros, aiming to strengthen its position in the Slovak market [6] - The acquisition is expected to create significant cost, revenue, and funding synergies, particularly in retail banking [6] Market Conditions - Recent weeks have seen unprecedented macro-economic uncertainty due to US trade policies, but KBC confirmed its short-term and long-term financial guidance [7]
KBC Group: Regulated information – 12 May 2025 before trading hours (08h00)
Globenewswire· 2025-05-12 06:00
Please be informed that following documents will be available on www.kbc.com: Minutes of the General Meeting of KBC Group dd 30 April 2025 ...
Announcement of the total number of voting rights as at 30 April 2025
Globenewswire· 2025-05-02 15:40
Regulated information, Leuven, 2 May 2025 (17.40 hrs CEST) Announcement of the total number of voting rights as at 30 April 2025 In application of Article 15 of the Act of 2 May 2007 on the disclosure of major shareholdings in issuers whose shares are admitted to trading on a regulated market, KBC Ancora publishes on its website and via a press release on a monthly basis the total capital, the movements in the total number of voting shares and the total number of voting rights, in so far as these particular ...
Cognizant Reports First Quarter 2025 Results
Prnewswire· 2025-04-30 20:01
Core Insights - Cognizant reported strong financial performance in Q1 2025, with revenue of $5.115 billion, reflecting a year-over-year increase of 7.5% and 8.2% in constant currency [3][9][40] - The company achieved a GAAP operating margin of 16.7%, up 210 basis points from the previous year, and an adjusted operating margin of 15.5%, which increased by 40 basis points year-over-year [3][9][40] - GAAP diluted EPS rose to $1.34, a 22% increase year-over-year, while adjusted diluted EPS increased by 10% to $1.23 [3][9][40] Financial Performance - Revenue growth was driven by recent acquisitions, contributing approximately 400 basis points to overall revenue growth [3][44] - The company returned $364 million to shareholders through share repurchases and dividends in Q1 2025, with a planned return of $1.7 billion for the full year [5][11] - Bookings for the trailing twelve months increased by 3% year-over-year to $26.7 billion, with a book-to-bill ratio of approximately 1.3x [6][9] Operational Highlights - The first quarter performance demonstrated strong operational rigor amid elevated uncertainty, with revenue exceeding guidance and adjusted operating margin expansion [5][9] - The company expects second quarter revenue to be between $5.14 billion and $5.21 billion, representing growth of 5.9% to 7.4% [15] - Full-year 2025 revenue guidance remains unchanged at $20.5 billion to $21.0 billion, with expected growth of 3.9% to 6.4% [15] Strategic Initiatives - Cognizant is focusing on AI-led transformation, leveraging its differentiated AI and platform capabilities to assist clients in navigating macroeconomic challenges [2][14] - Recent client agreements and partnerships include collaborations with Boehringer Ingelheim, Citizens Financial Group, and Docusign, aimed at enhancing operational efficiencies and driving innovation [16][20] - The company plans to establish a Cognizant Immersive Learning Center in Chennai, India, to train 100,000 individuals annually, reflecting its commitment to workforce development [20]
KBC Group: DIVIDEND ANNOUNCEMENT
Globenewswire· 2025-04-30 16:00
KBC GROUPNaamloze Vennootschap (company with limited liability) Havenlaan 2 - 1080 BrusselsVAT BE 0403.227.515 (RPL Brussels) www.kbc.com DIVIDEND ANNOUNCEMENT Communication of 30 April 2025 at 18:00 The Annual General Meeting of 30 April 2025 has decided to pay a gross dividend of 4.85 euros per share for the financial year ending on 31 December 2024. Further to the payment of two interim dividends in the sum of respectively 0.70 euro per share on 15 May 2024 and 1 euro per share on 14 November 2024, the g ...