KBC Group NV

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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KBC Group NV engages in the provision of bank insurance. It operates through the following segments: Belgium Division, Czech Republic Division, International Markets Business Division, and Group Center. The Belgium Division segment focuses on the activities in Belgium. The Czech Republic Division segment includes all its activities in the Czech Republic. The I International Markets Business Division segment is involved in activities conducted in Ireland, Hungary, Slovakia, and Bulgaria. The Group Center segment relates to the results of the holding company, elements not attributed to other divisions. The company was founded February 9, 1935 and is headquartered in Brussels, Belgium.

KBC Group NV (OTCPK:KBCSY) Q3 2024 Earnings Conference Call November 7, 2024 1:00 AM ET Company Participants Kurt De Baenst - General Manager, Investor Relations Johan Thijs - Chief Executive Officer Bartel Puelinckx - Group Chief Financial Officer Conference Call Participants Giulia Miotto - Morgan Stanley Farquhar Murray - Autonomous Benoit Petrarque - Kepler Cheuvreux Tarik El Mejjad - Bank of America Kiri Vijayarajah - HSBC Sharath Kumar - Deutsche Bank Chris Hallam - Goldman Sachs International Anke Reingen - RBC Johan Ekblom - UBS Operator Good morning, ladies and gentlemen, and welcome to the conference call of KBC Group. At this time all participants are in listen-only mode.

KBC Group NV (KBCSY) Q3 2024 Earnings Call Transcript

Belgian bank KBC beat third-quarter profit expectations on Thursday, helped by higher net interest income, increased insurance revenue, and higher net fee and commission income.

Belgium's KBC posts Q3 net profit above estimates

KBC Group – overview (consolidated, IFRS) 3Q2024 2Q2024 3Q2023 9M2024 9M2023 Net result (in millions of EUR) 868 925 877 2 300 2 725 Basic earnings per share (in EUR) 2.14 2.25 2.07 5.58 6.44 Breakdown of the net result by business unit (in millions of EUR)           Belgium 598 519 517 1 359 1 392 Czech Republic 179 244 200 620 661 International Markets 205 224 200 576 498 Group Centre -114 -61 -41 -255 174 Parent shareholders' equity per share (in EUR, end of period) 54.1 53.2 52.2 54.1 52.2 We recorded a net profit of 868 million euros in the third quarter of 2024. Compared to the result for the previous quarter, our total income benefited from several factors, including higher net interest income (despite significantly lower income on inflation-linked bonds), increased insurance revenues supported by commercial actions, and higher net fee and commission income driven by excellent business performance.

KBC Group: Third-quarter result of 868 million euros

Publication of transparency notification(s) received by KBC Group NV (art. 14, 1st section of the Act of 2 May 2007 concerning the disclosure of significant participations)    Summary of the notification(s) KBC Group NV has received an updated transparency notification on 7 October 2024, which states that BlackRock has a stake of 4.37% in KBC Group (total voting rights and equivalent financial instruments).

KBC Group: Publication of transparency notification(s) received by KBC Group NV

KBC Group (KBCSY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

KBC Group (KBCSY) Upgraded to Buy: Here's What You Should Know

I hold a substantial indirect long position in KBC Group due to its conservative balance sheet and exposure to Central Europe and Belgium. KBC Group's strong net profit and robust net interest income bode well for dividend investors, with a likely full-year EPS of around 7.5-7.75 EUR. The bank's ability to cross-sell insurance products through its banking channels adds a significant revenue stream, enhancing overall profitability.

KBC Group: I Expect A 6.4% Dividend Yield For FY 2024

KBC Group NV (OTCPK:KBCSY) Q2 2024 Results Conference Call August 8, 2024 3:30 AM ET Company Participants Kurt De Baenst - General Manager, Investor Relations Johan Thijs - Chief Executive Officer Luc Popelier - Chief Financial Officer Conference Call Participants Benoit Petrarque - Kepler Cheuvreux Tarik El Mejjad - Bank of America Giulia Miotto - Morgan Stanley Raul Sinha - JPMorgan Samuel Moran-Smyth - Barclays Chris Hallam - Goldman Sachs Kiri Vijayarajah - HSBC Guillaume Tiberghien - BNP Paribas Hugh Moorhead - Berenberg Anke Reingen - RBC Operator Hello and welcome to the KBC Group earnings release second quarter 2024. My name is Caroline, and I'll be your coordinator for today's event.

KBC Group NV (KBCSY) Q2 2024 Earnings Call Transcript

‘We recorded a net profit of 925 million euros in the second quarter of 2024. Compared to the result for the previous quarter, our total income benefited from several factors, including higher levels of net interest income, higher net fee and commission income, solid insurance revenues and better trading & fair value income, as well as the seasonal peak in dividend income. Costs were down significantly, since the bulk of the bank and insurance taxes for the full year is always recorded in the first quarter of the year. Disregarding bank and insurance taxes, costs edged up by 1% quarter-on-quarter. Loan loss impairment charges were up on the very modest level recorded in the previous quarter, resulting in – what is still – a very low credit cost ratio of 9 basis points in the first half of 2024.

KBC Group: Second-quarter result of 925 million euros

KBC Group (KBCSY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About KBC Group (KBCSY) Rating Upgrade to Strong Buy

KBC Group NV (OTCPK:KBCSY) Q1 2024 Earnings Conference Call May 16, 2024 3:30 AM ET Company Participants Kurt De Baenst - General Manager, Investor Relations Johan Thijs - Group Chief Executive Officer Luc Popelier - Group Chief Financial Officer Conference Call Participants Giulia Miotto - Morgan Stanley Tarik El Mejjad - Bank of America Raul Sinha - JPMorgan Sharath Kumar - Deutsche Bank Benoit Petrarque - Kepler Sam Moran-Smyth - Barclays Chris Hallam - Goldman Sachs International Kiri Vijayarajah - HSBC Guillaume Tiberghien - BNP Paribas Exane Mike Harrison - Redburn Atlantic Anke Reingen - RBC Farquhar Murray - Autonomous Operator Hello. And welcome to the KBC Group Earnings Release First Quarter 2024.

KBC Group NV (KBCSY) Q1 2024 Earnings Call Transcript

‘We recorded a net profit of 506 million euros in the first quarter of 2024. Compared to the result of the previous quarter, our total income benefited from several factors, including higher net interest income, net fee and commission income and insurance revenues, though these items were partly offset by lower levels of dividend income and trading & fair value income. Costs were up, since the bulk of the bank and insurance taxes for the full year are recorded – as usual – in the first quarter of the year. Disregarding bank and insurance taxes, costs fell by as much as 9% quarter-on-quarter and 1% year-on-year. Impairment charges too were down significantly, as the previous quarter had included a sizeable one-off impairment on goodwill.

KBC Group: First-quarter result of 506 million euros

KBC Group reported decent Q4 results despite the challenges faced by the financial sector in 2023. The net interest income increased by 6% to 5.47B EUR, and total insurance revenue also saw growth. The bank expects stable earnings in 2024, with low loan loss provisions and a sustainable dividend yield of almost 7%.

KBC Group: A 7% Dividend Yield With A 51% Payout Ratio

KBC Group NV (KBCSY) Q4 2023 Earnings Call Transcript

Press Release Outside Outside trading hours - Regulated information Brussels, 8 February 2024, 7.00 a.m. CET ‘We recorded a net profit of 677 million euros in the last quarter of 2023.

KBC Group: Fourth-quarter result of 677 million euros

The traditional annual capital increase reserved for the employees of KBC Group NV and some of its Belgian subsidiaries had, dd. 15 December 2023, the following effects on the share capital and the amount of shares/voting rights of KBC Group NV.

KBC Group: Results of the capital increase of KBC Group NV for the employees and effects on the transparency obligations

KBC Group NV (OTCPK:KBCSF) Q3 2023 Results Conference Call November 9, 2023 3:30 AM ET Company Participants Kurt De Baenst - Investor Relations Johan Thijs - Chief Executive Officer Luc Popelier - Chief Financial Officer Conference Call Participants Tarik El Mejjad - Bank of America Flora Benhakoun Bocahut - Jefferies Giulia Miotto - Morgan Stanley Farquhar Murray - Autonomous Johan Ekblom - UBS Benoit Petrarque - Kepler Cheuvreux Amit Goel - Barclays Kiri Vijayarajah - HSBC Matt Clark - Mediobanca Operator Thank you. Hello, and welcome to the KBC Group Earnings Release Third Quarter 2023 Call.

KBC Group NV (KBCSF) Q3 2023 Earnings Call Transcript

Press Release Outside Outside trading hours - Regulated information Brussels, 9 November 2023, 7.00 a.m. CET ‘We recorded an excellent net profit of 877 million euros in the third quarter of 2023.

KBC Group: Third-quarter result of 877 million euros

KBC Group NV (OTCPK:KBCSF) Q2 2023 Earnings Conference Call August 10, 2023 3:30 AM ET Company Participants Kurt De Baenst - Investor Relations Johan Thijs - Chief Executive Officer Luc Popelier - Chief Financial Officer Conference Call Participants Raul Sinha - JPMorgan Benoit Petrarque - Kepler Cheuvreux Matthew Clark - Mediobanca Flora Bocahut - Jefferies Amit Goel - Barclays Kiri Vijayarajah - HSBC Giulia Miotto - Morgan Stanley Anke Reingen - RBC Tarik El Mejjad - Bank of America Marta Sanchez Romero - Citibank Guillaume Tiberghien - BNP Paribas Sharath Kumar - Deutsche Bank Cor Kluis - ABN Amro-ODDO BHF Operator Hello, and welcome to the KBC Group Earnings Release 2Q 2023 Conference Call. My name is Sharon and I will be your coordinator for today's event.

KBC Group NV (KBCSF) Q2 2023 Earnings Call Transcript

Press release Outside trading hours – Regulated informationBrussels, 10th August 2023 (7.00 p.m. CEST) KBC Group NV announces start of share buyback program KBC Group NV is set to launch a share buyback program for the purpose of distributing the surplus capital for which it received the necessary authorization from the ECB.

KBC Group NV announces start of share buyback program

Press ReleaseOutside trading hours - Regulated information*Brussels, 10 August 2023 (07.00 a.m. CEST) "We generated an excellent net profit of 966 million euros in the second quarter of 2023.

KBC Group: Second-quarter result of 966 million euros

KBC Group is focusing on Belgium and CEE countries. The Q1 results were exceptionally strong thanks to a non-recurring gain. Even without that gain, KBC is performing as expected, and the full-year EPS will likely come in around 6.5-7 EUR per share.

KBC Group: Trading At Just 9x Recurring Earnings With A 17% CET1 Ratio

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Investors looking for stocks in the Banks - Foreign sector might want to consider either KBC Group SA (KBCSY) or DBS Group Holdings Ltd (DBSDY). But which of these two stocks is more attractive to value investors?

KBCSY vs. DBSDY: Which Stock Is the Better Value Option?

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If you're somebody who hasn't done a lot of investing in the past, there are a few simple rules.

5 Reasons to Add BNPQY, F and KBCSY to Your Portfolio

Investors with an interest in Banks - Foreign stocks have likely encountered both KBC Group SA (KBCSY) and DBS Group Holdings Ltd (DBSDY). But which of these two stocks is more attractive to value investors?

KBCSY or DBSDY: Which Is the Better Value Stock Right Now?

KBC Group NV (OTCPK:KBCSF) Q1 2023 Earnings Conference Call May 16, 2023 3:30 AM ET Company Participants Kurt De Baenst - General Manager, IR Johan Thijs - CEO Luc Popelier - CFO Conference Call Participants Flora Bocahut - Jefferies Benoit Petrarque - Kepler Cheuvreux Amit Goel - Barclays Kiri Vijayarajah - HSBC Anke Reingen - RBC Operator Hello, and welcome to the KBC Group Earnings Release First Quarter 2023 Call. My name is Laura, and I will be your coordinator for today's event.

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