Banks Are the Stars in Korea's Corporate Reforms, Investors Say [BNN Bloomberg (Canada)]
![BNN Bloomberg](../../../Content/images/providers/BNN Bloomberg.png)
KB Financial Group Inc (KB)
US:NYSE Investor Relations:
kbfg.com/eng/ir/main/ir_main.jsp
Company Research
Source: BNN Bloomberg
Their cheap valuations, and signs that the banks are responding to the Corporate Value-up initiative, have driven their stock up by as much as 47% this year. KB Financial Group Inc. and Shinhan Financial Group Co. told investors recently they're targeting a 10% return on equity, breaking with norms to avoid setting benchmarks. “We think the upside remains even with the recent run-ups that those banks have seen,” said Christine Phillpotts, a New York-based portfolio manager at Ariel Investments LLC, “We're starting to see that inflection point. The Value-up program helps further encourage that behavior.” The reform push lifted much of the stock market earlier this year, before most of those broad early gains were reversed. Many investors are coming to the view that the Value-up program will benefit companies like banks rather than firms like the chaebols — big businesses controlled by founding families. It's “much easier to change professionally managed businesses once you put l
Show less
Read more
Impact Snapshot
Event Time:
KB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KB alerts
High impacting KB Financial Group Inc news events
Weekly update
A roundup of the hottest topics
KB
News
- KB Financial Group Inc. (NYSE: KB) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- KB vs. NRDBY: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- KB Financial Group Inc. (NYSE: KB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Why KB Financial (KB) is a Top Dividend Stock for Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Are Investors Undervaluing KB Financial Group (KB) Right Now? [Yahoo! Finance]Yahoo! Finance
KB
Sec Filings
- 6/28/24 - Form 6-K
- 5/30/24 - Form 6-K
- 5/28/24 - Form 6-K
- KB's page on the SEC website