KB Financial (105560 KS) Korea
Report by Creative Portfolios
Korea's leading financial services provider boasts an impressive PH Score™ of 8.8 (top quartile globally from 2000+ banks). This is a solid, diversified, franchise, that offers enhanced capital returns at an attractive valuation - FV of 6%, PBV of 0.5x, Earnings Yield of 19.8%, Dividend Yield of 2.9%, and a Total Return Ratio of 2.2x. KB’s Q321 results highlight improvements in profitability, NIM/Spread, efficiency, provisioning, and headline asset quality. In addition to its stake in Kakao Bank, KB offers exciting growth opportunities with its new digital platform, super app ‘KB Star Banking’.