KB Financial : Third Quarter Preliminary Operating Results - Form 6-K

2021 Third Quarter Preliminary Operating Results

On October 21, 2021, KB Financial Group Inc. ("KB Financial Group") held an earnings conference and released its preliminary operating results for the third quarter of fiscal year 2021. 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 subject to change.

1.

Preliminary Operating Results of KB Financial Group (Consolidated)

(Won in millions, %)		3Q 2021			2Q 2021			% Change Increase (Q to Q)			3Q 2020			% Change Increase (Y to Y)
Operating revenue		Specified Quarter			16,472,963				12,241,667				34.56				10,533,000				56.39
	Cumulative			46,299,046				29,826,082				-				40,529,908				14.23
Net operating profit		Specified Quarter			1,787,248				1,673,748				6.78				1,416,525				26.17
	Cumulative			5,207,822				3,420,574				-				3,846,099				35.41
Profit before income tax		Specified Quarter			1,782,819				1,666,918				6.95				1,570,874				13.49
	Cumulative			5,236,167				3,453,348				-				3,966,476				32.01
Profit for the period		Specified Quarter			1,305,413				1,207,423				8.12				1,194,220				9.31
	Cumulative			3,797,996				2,492,583				-				2,925,634				29.82
Profit attributable to shareholders of the parent company		Specified Quarter			1,297,908				1,204,276				7.77				1,166,583				11.26
	Cumulative			3,772,199				2,474,291				-				2,877,923				31.07

Note:

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

2.

Preliminary Operating Results of Kookmin Bank (Consolidated)

(Won in millions, %)		3Q 2021			2Q 2021			% Change Increase (Q to Q)			3Q 2020			% Change Increase (Y to Y)
Operating revenue		Specified Quarter			8,319,248				4,673,682				78.00				4,000,617				107.95
	Cumulative			21,409,978				13,090,730				-				17,532,794				22.11
Net operating profit		Specified Quarter			1,031,923				1,025,064				0.67				911,296				13.24
	Cumulative			3,008,370				1,976,447				-				2,647,627				13.63
Profit before income tax		Specified Quarter			1,030,331				1,004,117				2.61				867,866				18.72
	Cumulative			3,005,713				1,975,382				-				2,578,428				16.57
Profit for the period		Specified Quarter			771,391				737,617				4.58				646,804				19.26
	Cumulative			2,199,575				1,428,184				-				1,904,082				15.52
Profit attributable to shareholders of the parent company		Specified Quarter			777,672				734,155				5.93				635,624				22.35
	Cumulative			2,200,320				1,422,648				-				1,882,378				16.89

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, %)		3Q 2021			2Q 2021			% Change Increase (Q to Q)			3Q 2020			% Change Increase (Decrease) (Y to Y)
Operating revenue		Specified Quarter			2,197,748				1,759,062				24.94				1,466,448				49.87
	Cumulative			6,923,518				4,725,770				-				7,913,056				(12.51	)
Net operating profit		Specified Quarter			236,148				203,699				15.93				232,566				1.54
	Cumulative			729,511				493,363				-				441,987				65.05
Profit before income tax		Specified Quarter			233,623				217,672				7.33				280,718				(16.78	)
	Cumulative			748,065				514,442				-				475,094				57.46
Profit for the period		Specified Quarter			170,237				154,731				10.02				208,448				(18.33	)
	Cumulative			547,448				377,211				-				345,250				58.57
Profit attributable to shareholders of the parent company		Specified Quarter			170,286				154,758				10.03				208,442				(18.31	)
	Cumulative			547,517				377,231				-				345,233				58.59

Note: 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 2021 third quarter earnings conference, which are based on KB Financial Group's consolidated financial statements.
2)		"Operating revenue" represents operating income based on KB Securities' financial statements.