KB Financial Group Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Interest Income on Loans	29,119,975	27,729,713	19,857,842	14,620,490	12,196,597	13,935,124	Upgrade
Interest Income on Investments	1,477,888	1,415,366	929,735	590,388	2,334,275	704,063	Upgrade
Total Interest Income	30,597,863	29,145,079	20,787,577	15,210,878	14,530,872	14,639,187	Upgrade
Interest Paid on Deposits	17,891,774	17,003,362	9,272,252	3,981,306	2,916,794	5,442,400	Upgrade
Interest Paid on Borrowings	-	-	-	-	1,846,679	-	Upgrade
Total Interest Expense	17,891,774	17,003,362	9,272,252	3,981,306	4,763,473	5,442,400	Upgrade
Net Interest Income	12,706,089	12,141,717	11,515,325	11,229,572	9,767,399	9,196,787	Upgrade
Net Interest Income Growth (YoY)	5.25%	5.44%	2.54%	14.97%	6.20%	3.28%	Upgrade
Income From Trading Activities	-	-	-	-	-13,731,191	-	Upgrade
Gain (Loss) on Sale of Assets	1,790	1,790	155,177	-	73,195	27,160	Upgrade
Gain (Loss) on Sale of Investments	645	174	27	159	1,563,358	-	Upgrade
Other Non-Interest Income	4,258,281	4,087,243	2,265,252	3,253,872	36,498,760	2,236,687	Upgrade
Total Non-Interest Income	4,260,716	4,089,207	2,420,456	3,254,031	26,317,683	2,263,847	Upgrade
Non-Interest Income Growth (YoY)	5.84%	68.94%	-25.62%	-87.64%	1062.52%	7.72%	Upgrade
Revenues Before Loan Losses	16,966,805	16,230,924	13,935,781	14,483,603	36,085,082	11,460,634	Upgrade
Provision for Loan Losses	2,857,382	3,146,409	1,847,775	1,185,133	1,043,498	670,185	Upgrade
Revenue	14,109,423	13,084,515	12,088,006	13,298,470	35,041,584	10,790,449	Upgrade
Revenue Growth (YoY)	6.32%	8.24%	-9.10%	-62.05%	224.75%	4.43%	Upgrade
Salaries and Employee Benefits	4,107,300	4,014,261	4,156,995	4,635,055	4,275,532	3,955,287	Upgrade
Occupancy Expenses	951,673	917,129	867,669	850,614	1,023,684	918,123	Upgrade
Federal Deposit Insurance	-	-	-	-	507,621	-	Upgrade
Selling, General & Administrative	1,427,190	1,412,029	1,364,241	1,446,801	1,255,525	1,158,937	Upgrade
Other Non-Interest Expense	310,250	303,987	254,749	268,383	22,918,319	238,670	Upgrade
Total Non-Interest Expense	7,779,252	6,907,798	6,638,262	7,216,864	30,261,612	6,254,840	Upgrade
EBT Excluding Unusual Items	6,330,171	6,176,717	5,449,744	6,081,606	4,779,972	4,535,609	Upgrade
Pretax Income	6,323,903	6,170,449	5,449,744	6,081,606	4,779,972	4,533,986	Upgrade
Income Tax Expense	1,742,581	1,607,018	1,518,343	1,697,225	1,264,394	1,220,787	Upgrade
Earnings From Continuing Operations	4,581,322	4,563,431	3,931,401	4,384,381	3,515,578	3,313,199	Upgrade
Minority Interest in Earnings	69,385	68,501	221,591	25,162	-47,130	-1,371	Upgrade
Net Income	4,650,707	4,631,932	4,152,992	4,409,543	3,468,448	3,311,828	Upgrade
Preferred Dividends & Other Adjustments	198,235	184,915	126,402	71,538	22,860	6,513	Upgrade
Net Income to Common	4,452,472	4,447,017	4,026,590	4,338,006	3,445,589	3,305,316	Upgrade
Net Income Growth	3.55%	11.53%	-5.82%	27.13%	4.73%	8.19%	Upgrade
Basic Shares Outstanding	380	384	390	390	390	391	Upgrade
Diluted Shares Outstanding	386	393	399	399	395	394	Upgrade
Shares Change (YoY)	-2.37%	-1.41%	0.09%	0.97%	0.19%	-1.20%	Upgrade
EPS (Basic)	11712.86	11579.89	10334.28	11133.53	8843.13	8450.65	Upgrade
EPS (Diluted)	11533.52	11312.30	10099.16	10889.55	8730.36	8389.00	Upgrade
EPS Growth	5.68%	12.01%	-7.26%	24.73%	4.07%	9.29%	Upgrade
Dividend Per Share	3900.000	3060.000	2950.000	2940.000	1770.000	2210.000	Upgrade
Dividend Growth	30.87%	3.73%	0.34%	66.10%	-19.91%	15.10%	Upgrade
Effective Tax Rate	27.56%	26.04%	27.86%	27.91%	26.45%	26.93%	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.