KB Financial : 1st Quarter 2021 Fact Book

KB Financial Group Fact Book

2021 1Q

Disclaimer
Highlights	KB Kookmin Bank	KB Securities	Prudential Life Insurance
	Condensed Income Statement	Condensed Income Statement	Condensed Income Statement
KB Financial Group	Condensed Balance Sheet	Condensed Balance Sheet	Condensed Balance Sheet
Condensed Income Statement	Interest Income / Spread / Margin	Key Indicators	Key Indicators
Condensed Balance Sheet	Fee and Commission Income		Premium Income
Interest Income / Spread / Margin	Other Operating Income	KB Kookmin Card	Loss & Expense Ratios
Fee and Commission Income	Provision for Credit Losses	Condensed Income Statement	APE
Other Operating Income	General & Administrative Expenses	Condensed Balance Sheet
Provision for Credit Losses	Loans / Deposits	Customers / Volume / Receivables	Other Subsidiaries
General & Administrative Expenses	Asset Quality	Asset Quality	Condensed Income Statement
Asset Quality	Delinquency	Delinquency	Condensed Balance Sheet
Capital Adequacy	Capital Adequacy
Organizational Structure	Credit Ratings	KB Insurance	Contacts
Employees / Branches	Housing Price Index	Condensed Income Statement
Credit Ratings		Condensed Balance Sheet
		Key Indicators
		Direct Premiums
		Loss & Expense Ratios
		Monthly Initial Premiums

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Disclaimer

Highlights

KB Financial Group

KB Kookmin Bank

KB Securities

KB Insurance

KB Kookmin Card

Prudential Life Insurance

Other Subsidiaries

Contacts

Disclaimer

The consolidated financial information of KB Financial Group Inc. (the "Group") presented herein is based on the Korean International Financial Reporting Standards(K-IFRS).It is currently being reviewed by the Group's independent auditor, and accordingly, is subject to change.

The consolidated financial information presented herein is based on Korean IFRS9(K-IFRS9). Note that the financial results for years before 2017 contained herein have not been restated retrospectively.

From 2018, for better peer comparison purpose, the Group reclassified certain interest income out of Net Gain/Loss on Financial Assets at FVPL under Other Operating Profit to Interest Income under Net Interest Income. Note that beginning from the financial results for 2017 contained herein have been restated retrospectively.

As KB Insurance and KB Capital became wholly-owned subsidiaries of the Group on July 7, 2017, the financial results of KB Insurance and KB Capital have been fully consolidated in the Group's financial statements since 3Q17.

As Prudential Life Insurance became wholly-owned subsidiary of the Group as of August 31, 2020, the financial results have been fully consolidated in the Group's financial statements since 3Q20(one month period of Semptember).

Totals may not sum due to rounding.

Highlights

	Return to Home									KB Financial Group
			◆ Financial Statements
	Disclaimer	(bn Won)	4Q18	1Q19	2Q19	3Q19	4Q19	1Q20	2Q20	3Q20	4Q20	1Q21(E)
			KB Financial Group
	Highlights		Total Assets	479,588.3	490,699.4	498,179.1	506,195.3	518,538.1	544,881.7	569,476.6	605,506.4	610,672.2	620,908.0
			Total Liabilities	443,875.3	454,872.1	460,976.8	467,455.0	479,418.8	506,072.2	529,172.5	563,398.5	563,398.5	576,842.6
	KB Financial Group	Total Equity	35,713.0	35,827.3	37,202.3	38,740.3	39,119.3	38,809.5	40,304.1	42,107.9	43,361.5	44,065.4
			Net Income	192.7	845.9	991.5	940.7	535.1	738.9	992.5	1,194.2	576.7	1,285.2
	KB Kookmin Bank	Net Income (attributable to controlling interests)	192.4	845.7	991.1	940.3	534.7	729.5	981.8	1,166.6	577.3	1,270.1
			Total Asset including AUM1)	731,836.3	744,786.8	755,407.2	772,636.4	789,776.8	810,377.1	873,465.3	908,358.7	940,407.9	974,829.3
	KB Securities	(AUM)	252,747.1	255,019.7	257,102.4	266,335.9	271,124.9	266,556.7	304,669.8	302,696.9	329,243.2	353,579.3
			Total Assets by Subsidiaries
	KB Insurance	KB Kookmin Bank	356,959.3	368,232.4	373,961.3	377,996.0	387,425.0	406,255.6	425,310.2	437,038.8	438,444.1	447,815.5
			KB Securities2)	45,086.3	43,665.4	44,731.6	45,976.9	47,816.5	54,009.3	56,606.6	55,843.0	57,570.7	56,757.5
	KB Kookmin Card	KB Insurance3)	34,785.6	35,475.0	36,087.1	36,641.5	36,552.4	37,122.3	37,677.1	38,082.9	39,078.1	39,264.1
			KB Kookmin Card	20,529.0	20,212.0	20,713.4	22,509.8	22,990.1	22,462.9	23,858.8	24,292.3	24,071.6	25,106.7
	Prudential Life Insurance	Prudential Life4)								24,408.3	25,121.7	24,969.0
			KB Asset Management	254.3	214.6	257.3	261.0	310.0	392.9	385.9	413.3	335.6	312.2
	Other Subsidiaries	KB Capital	9,517.2	9,685.3	10,086.7	10,377.2	11,190.6	11,504.8	12,140.4	12,326.6	12,823.7	12,901.3
			KB Life Insurance	9,680.4	9,904.4	10,001.1	10,038.7	9,801.9	9,461.4	9,998.8	10,213.7	10,424.9	10,698.6
	Contacts	KB Real Estate Trust	293.1	327.0	342.0	365.2	377.9	374.1	393.4	420.4	437.6	438.2
			KB Savings Bank	1,388.8	1,340.6	1,323.7	1,321.9	1,361.0	1,403.4	1,550.0	1,700.7	1,883.7	2,084.2
			KB Investment	528.7	645.2	731.8	739.6	757.0	761.7	801.3	850.8	848.7	836.5
			KB Data Systems	40.2	36.9	39.7	44.1	41.7	44.1	44.5	42.7	40.3	38.9
			KB Credit Information	26.3	28.3	29.1	28.6	27.8	27.9	28.5	28.3	27.7	27.3
			Total Equity by Subsidiaries
			KB Kookmin Bank	26,667.9	26,645.9	27,348.2	28,606.5	29,004.2	28,622.3	29,323.0	29,512.7	30,408.1	30,174.2
			KB Securities2)	4,472.9	4,496.0	4,602.1	4,677.3	4,684.7	4,619.8	4,804.2	4,998.3	5,054.2	5,162.5
			KB Insurance3)	3,495.8	3,651.4	3,862.1	3,951.4	3,862.9	3,978.7	4,057.0	4,114.1	3,991.7	3,831.9
			KB Kookmin Card	3,958.7	3,830.8	3,892.0	3,993.3	4,064.9	4,030.1	4,098.3	4,201.9	4,281.7	4,258.7

Prudential Life4)								2,535.9	2,439.9	2,206.2
KB Asset Management	146.8	161.1	172.8	183.0	195.2	169.7	187.6	205.4	223.1	187.9
KB Capital	1,000.4	1,079.9	1,107.7	1,142.9	1,154.5	1,241.6	1,274.0	1,410.2	1,431.6	1,479.0
KB Life Insurance	552.2	583.2	617.0	625.8	615.3	610.8	636.9	631.4	582.1	527.0
KB Real Estate Trust	235.8	247.3	261.8	273.7	292.8	283.8	301.1	318.3	329.5	321.6
KB Savings Bank	202.0	201.6	206.6	209.8	212.4	212.7	218.9	222.0	225.6	231.9
KB Investment	153.8	159.7	205.6	201.5	214.8	209.5	216.2	231.2	230.1	224.0
KB Data Systems	16.4	17.8	18.9	20.5	20.7	21.8	21.6	20.8	17.3	16.0
KB Credit Information	15.2	15.2	15.0	14.8	14.9	15.1	14.8	15.2	15.9	16.0
Net Income by Subsidiaries
KB Kookmin Bank	179.9	572.8	732.3	701.6	432.4	586.3	660.4	635.7	415.8	688.6
KB Securities2)	-32.4	80.9	88.0	55.8	33.2	-21.4	150.2	209.7	87.1	221.1
KB Insurance3)	1.4	75.3	90.9	67.7	0.4	77.2	66.8	42.6	-22.7	68.8
KB Kookmin Card	41.1	78.0	68.1	104.9	65.5	82.1	81.7	91.4	69.5	141.5
Prudential Life4)								11.1	44.6	112.1
KB Asset Management	7.1	15.1	10.6	10.2	13.0	4.4	17.2	17.8	17.9	19.9
KB Capital	22.4	32.4	30.7	37.6	16.3	39.3	34.2	41.3	26.8	53.9
KB Life Insurance	1.4	9.1	7.4	1.7	-2.2	5.9	5.9	-2.6	-32.4	-1.5
KB Real Estate Trust	9.1	16.1	14.5	12.0	19.1	21.0	17.3	17.2	11.4	27.1
KB Savings Bank	1.0	4.9	5.0	3.5	2.9	3.4	6.5	3.3	4.1	6.4
KB Investment	10.7	5.9	-3.8	-4.0	13.2	-5.3	6.8	15.0	-1.1	3.9
KB Data Systems	1.5	1.4	1.1	1.6	0.6	1.1	-0.2	-0.8	-1.8	-1.4
KB Credit Information	0.5	-0.1	-0.2	-0.2	0.2	0.2	-0.3	0.4	0.8	0.1

1. Simple arithmatic sum of each subsidiary's total assets(including Trusts and AUM) on the financial statements for group reporting
2. Financial information prior to 4Q16 represent financial results of KB Investment & Securities
3. Financial information prior to 2Q17 represent financial results of KB Insurance on a separate financial statement
4. Financial results have been fully consolidated in the Group's financial statements since 3Q20(one month period of Semptember).

◆ Key Financial Indicators

KB Financial Group	4Q18	1Q19	2Q19	3Q19	4Q19	1Q20	2Q20	3Q20	4Q20	1Q21(E)
ROA (Quarterly)	0.16%	0.71%	0.80%	0.74%	0.41%	0.56%	0.72%	0.81%	0.38%	0.85%
ROA (Cumulative)	0.66%	0.71%	0.76%	0.75%	0.66%	0.56%	0.64%	0.70%	0.61%	0.85%
ROE (Quarterly)	2.16%	9.59%	10.89%	9.90%	5.53%	7.64%	10.15%	11.49%	5.49%	12.02%
ROE (Cumulative)	8.82%	9.59%	10.22%	10.11%	8.93%	7.64%	8.88%	9.76%	8.64%	12.02%
ROCE (Quarterly)1)		9.59%	10.95%	9.98%	5.57%	7.70%	10.28%	11.73%	5.61%	12.50%
ROCE (Cumulative)1)		9.59%	10.26%	10.16%	8.98%	7.70%	8.97%	9.90%	8.79%	12.50%
Basic EPS (Won, Quarterly)	506	2,145	2,534	2,413	1,372	1,864	2,512	2,977	1,456	3,225
Basic EPS (Won, Cumulative)	7,721	2,145	4,678	7,083	8,451	1,864	4,376	7,353	8,809	3,225
BPS (Won)	83,266	84,133	88,489	91,115	91,871	91,213	93,706	97,551	100,484	102,304
NIM (Quarterly)	1.98%	1.98%	1.97%	1.94%	1.88%	1.83%	1.74%	1.73%	1.75%	1.82%
NIM (Cumulative)	1.99%	1.98%	1.97%	1.96%	1.94%	1.83%	1.78%	1.77%	1.76%	1.82%
CIR (Quarterly)	74.4%	52.8%	51.3%	50.7%	64.8%	53.2%	48.5%	49.5%	67.4%	47.3%
CIR (Cumulative)	54.5%	52.8%	52.1%	51.6%	54.9%	53.2%	50.6%	50.3%	54.7%	47.3%
Credit Cost Ratio (Quarterly)	0.30%	0.21%	0.15%	0.21%	0.25%	0.25%	0.29%	0.22%	0.29%	0.20%
Credit Cost Ratio (Cumulative)	0.21%	0.21%	0.18%	0.19%	0.20%	0.25%	0.27%	0.25%	0.26%	0.20%
NPL Ratio	0.61%	0.60%	0.59%	0.55%	0.49%	0.50%	0.48%	0.46%	0.41%	0.42%
NPL Coverage Ratio(New)2)	138.91%	138.24%	132.80%	135.59%	147.10%	141.36%	144.41%	148.35%	168.59%	162.34%
NPL Coverage Ratio(Old)3)	263.29%	264.37%	263.63%	275.31%	301.79%	293.54%	296.50%	311.61%	345.87%	336.51%
BIS Ratio	14.60%	14.76%	15.04%	15.25%	14.48%	14.08%	14.24%	14.65%	15.28%	16.00%
CET 1 Ratio	13.97%	14.11%	14.23%	14.35%	13.58%	13.02%	12.91%	13.06%	13.30%	13.75%
KB Kookmin Bank	4Q18	1Q19	2Q19	3Q19	4Q19	1Q20	2Q20	3Q20	4Q20	1Q21(E)
ROA (Quarterly)	0.20%	0.64%	0.79%	0.74%	0.45%	0.59%	0.65%	0.60%	0.38%	0.63%
ROA (Cumulative)	0.65%	0.64%	0.72%	0.73%	0.65%	0.59%	0.62%	0.61%	0.55%	0.63%
ROE (Quarterly)	2.70%	8.71%	10.88%	9.95%	5.96%	8.18%	9.19%	8.66%	5.57%	9.30%
ROE (Cumulative)	8.71%	8.71%	9.79%	9.82%	8.82%	8.18%	8.67%	8.67%	7.86%	9.30%
NIM (Quarterly)	1.70%	1.71%	1.70%	1.67%	1.61%	1.56%	1.50%	1.49%	1.51%	1.56%
NIM (Cumulative)	1.71%	1.71%	1.70%	1.69%	1.67%	1.56%	1.53%	1.52%	1.51%	1.56%
CIR (Quarterly)	76.6%	53.9%	48.3%	46.4%	64.0%	49.4%	48.6%	47.7%	67.9%	50.4%
CIR (Cumulative)	55.0%	53.9%	51.1%	49.5%	53.1%	49.4%	49.0%	48.6%	53.6%	50.4%
NPL Ratio	0.48%	0.47%	0.45%	0.41%	0.37%	0.36%	0.33%	0.32%	0.28%	0.29%
NPL Coverage Ratio(New)2)	122.31%	120.24%	115.29%	118.11%	130.16%	126.73%	134.46%	140.39%	165.20%	156.74%
NPL Coverage Ratio(Old)3)	272.38%	274.94%	277.41%	292.42%	324.61%	326.13%	343.31%	360.07%	407.40%	389.38%
BIS Ratio	15.52%	15.76%	15.97%	16.42%	15.85%	15.01%	14.38%	17.20%	17.77%	18.53%
CET 1 Ratio	14.33%	14.50%	14.72%	14.90%	14.37%	13.56%	12.79%	15.07%	15.10%	15.64%
Loan to Deposit Ratio4)	99.6%	98.2%	97.7%	95.7%	94.1%	98.3%	100.4%	99.9%	101.7%	100.4%

1. Common shares basis, eliminating the effects of supplementary capital
2. Based on new formula in accordance with FSS guideline: Loan loss reserves / NPL (i.e. not including reserves for credit losses)
3. Including reserves for credit losses
4. Based on new formula in accordance with FSS guideline from 2020