6-K 1 d911203d6k.htm FORM 6-K Form 6-K
 
 

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 April 2025

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 under cover of Form 20-F or Form 40-F.

Form 20-F ☒  Form 40-F ☐

 

 
 

Preliminary Operating Results for the First Quarter of 2025

On April 24, 2025, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for the first quarter of fiscal year 2025. The following tables reflect the key figures released during the conference. The presentation materials for the conference, which contain further details, are available at KB Financial Group’s website (http://www.kbfg.com).

The preliminary figures presented herein are based on International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) and are currently being reviewed by KB Financial Group’s independent auditors and are therefore subject to change.

 

  1.

Preliminary Operating Results of KB Financial Group (Consolidated)

 

(Won in millions, %)   1Q 2025     4Q 2024    

% Change
Increase

(Decrease)

(Q to Q)

      1Q 2024     

% Change
Increase

(Decrease)

(Y to Y)

  
             
Operating revenue   Specified Quarter      19,743,963       26,467,245       (25.40 )       23,346,945        (15.43 ) 
 

 

Cumulative

  

 

 

 

19,743,963

 

 

  

 

 

 

85,214,124

 

 

  

 

 

 

—

 

 

   

 

 

 

23,346,945

 

 

   

 

 

 

(15.43

 

) 

             
Net operating profit   Specified Quarter     2,293,023       1,031,562       122.29        2,345,559        (2.24 ) 
 

 

Cumulative

  

 

 

 

2,293,023

 

 

  

 

 

 

8,045,261

 

 

  

 

 

 

—

 

 

   

 

 

 

2,345,559

 

 

   

 

 

 

(2.24

 

) 

             
Profit before income tax   Specified Quarter     2,306,601       925,929       149.11        1,397,595        65.04  
 

 

Cumulative

  

 

 

 

2,306,601

 

 

  

 

 

 

6,985,247

 

 

  

 

 

 

—

 

 

   

 

 

 

1,397,595

 

 

   

 

 

 

65.04

 

 

             
Profit for the period   Specified Quarter     1,699,118       659,828       157.51        1,056,063        60.89  
 

 

Cumulative

  

 

 

 

1,699,118

 

 

  

 

 

 

5,028,606

 

 

  

 

 

 

—

 

 

   

 

 

 

1,056,063

 

 

   

 

 

 

60.89

 

 

             
Profit attributable to shareholders of the parent company   Specified Quarter     1,697,267       684,072       148.11        1,041,982        62.89  
 

 

Cumulative

  

 

 

 

1,697,267

 

 

  

 

 

 

5,078,221

 

 

  

 

 

 

—

 

 

   

 

 

 

1,041,982

 

 

   

 

 

 

62.89

 

 

 

  Notes: 1)

“Operating revenue” represents the sum of interest income, fee and commission income, insurance income, reinsurance income, gain on financial assets/liabilities at fair value through profit or loss, other insurance finance income and other operating income.

 

      2)

KB Financial Group’s operating results for the first and fourth quarters of 2024 have been adjusted retroactively to reflect certain communications with the Financial Supervisory Service regarding the application of K-IFRS 1117 (Insurance Contracts).

  2.

Preliminary Operating Results of Kookmin Bank (Consolidated)

 

(Won in millions, %)   1Q 2025     4Q 2024     % Change
Increase
(Decrease)
(Q to Q)		      1Q 2024     

% Change
Increase
(Decrease)

(Y to Y)

  
             
Operating revenue   Specified Quarter      10,811,411       17,400,343       (37.87 )       14,403,010        (24.94 ) 
 

 

Cumulative

  

 

 

 

10,811,411

 

 

  

 

 

 

51,497,328

 

 

  

 

 

 

—

 

 

   

 

 

 

14,403,010

 

 

   

 

 

 

(24.94

 

) 

             
Net operating profit   Specified Quarter     1,388,909       946,716       46.71        1,440,393        (3.57 ) 
 

 

Cumulative

  

 

 

 

1,388,909

 

 

  

 

 

 

5,398,865

 

 

  

 

 

 

—

 

 

   

 

 

 

1,440,393

 

 

   

 

 

 

(3.57

 

) 

             
Profit before income tax   Specified Quarter     1,374,025       871,999       57.57        496,625        176.67  
 

 

Cumulative

  

 

 

 

1,374,025

 

 

  

 

 

 

4,445,298

 

 

  

 

 

 

—

 

 

   

 

 

 

496,625

 

 

   

 

 

 

176.67

 

 

             
Profit for the period   Specified Quarter     1,017,775       612,944       66.05        377,253        169.79  
 

 

Cumulative

  

 

 

 

1,017,775

 

 

  

 

 

 

3,151,402

 

 

  

 

 

 

—

 

 

   

 

 

 

377,253

 

 

   

 

 

 

169.79

 

 

             
Profit attributable to shareholders of the parent company   Specified Quarter     1,026,432       633,869       64.21        389,535        163.50  
 

 

Cumulative

  

 

 

 

1,026,432

 

 

  

 

 

 

3,251,759

 

 

  

 

 

 

—

 

 

   

 

 

 

389,535

 

 

   

 

 

 

163.50

 

 

 

  Note:

“Operating revenue” represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss and other operating income.

  3.

Preliminary Operating Results of KB Securities Co., Ltd. (“KB Securities”) (Consolidated)

 

(Won in millions, %)   1Q 2025     4Q 2024     % Change
Increase
(Q to Q)		      1Q 2024     

% Change
(Decrease)

(Y to Y)

  
             
Operating revenue   Specified Quarter      2,988,287       2,757,448       8.37        3,460,114        (13.64 ) 
 

 

Cumulative

  

 

 

 

2,988,287

 

 

  

 

 

 

10,832,031

 

 

  

 

 

 

—

 

 

   

 

 

 

3,460,114

 

 

   

 

 

 

(13.64

 

) 

             
Net operating profit   Specified Quarter      224,611       45,312       395.70        253,337        (11.34 ) 
 

 

Cumulative

  

 

 

 

224,611

 

 

  

 

 

 

780,786

 

 

  

 

 

 

—

 

 

   

 

 

 

253,337

 

 

   

 

 

 

(11.34

 

) 

             
Profit before income tax   Specified Quarter      238,848       38,336       523.04        243,044        (1.73 ) 
 

 

Cumulative

  

 

 

 

238,848

 

 

  

 

 

 

748,633

 

 

  

 

 

 

—

 

 

   

 

 

 

243,044

 

 

   

 

 

 

(1.73

 

) 

             
Profit for the period   Specified Quarter      181,703       37,745       381.40        198,853        (8.62 ) 
 

 

Cumulative

  

 

 

 

181,703

 

 

  

 

 

 

590,361

 

 

  

 

 

 

—

 

 

   

 

 

 

198,853

 

 

   

 

 

 

(8.62

 

) 

             
Profit attributable to shareholders of the parent company   Specified Quarter      181,262       40,259       350.24        199,335        (9.07 ) 
 

 

Cumulative

  

 

 

 

181,262

 

 

  

 

 

 

591,153

 

 

  

 

 

 

—

 

 

   

 

 

 

199,335

 

 

   

 

 

 

(9.07

 

) 

 

  Notes: 1)

Based on KB Securities’ consolidated financial statements, as a result of which the figures differ from KB Securities’ earnings results to be released at KB Financial Group’s earnings conference for the first quarter of 2025, which are based on KB Financial Group’s consolidated financial statements.

 

      2)

“Operating revenue” represents operating income based on KB Securities’ financial statements.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  

KB Financial Group Inc.

  

(Registrant)

Date: April 24, 2025

   

By: /s/ Sang Rok Na

   (Signature)
   Name: Sang Rok Na
   Title: Managing Director and Chief Financial Officer