$KB
KB Financial Group Inc.
CIK:0001445930|SEC Filings
Consolidated Statements Of Comprehensive Income $ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 31, 2025
KRW (₩)
₩ / shares
|
Dec. 31, 2025
USD ($)
$ / shares
|
Dec. 31, 2024
KRW (₩)
₩ / shares
|
Dec. 31, 2023
KRW (₩)
₩ / shares
|
|
| Statement of comprehensive income [abstract] | ||||
| Interest income | ₩ 29,156,100,000,000 | $ 20,183,518 | ₩ 30,491,385,000,000 | ₩ 29,142,024,000,000 |
| Interest income from financial instruments at fair value through other comprehensive income and amortized cost | 27,682,743,000,000 | 19,163,576 | 29,001,556,000,000 | 27,705,759,000,000 |
| Interest income from financial instruments at fair value through profit or loss | 1,436,152,000,000 | 994,186 | 1,458,512,000,000 | 1,415,366,000,000 |
| Insurance finance interest income | 37,205,000,000 | 25,756 | 31,317,000,000 | 20,899,000,000 |
| Interest expense | (16,083,007,000,000) | (11,133,575) | (17,664,671,000,000) | (16,961,164,000,000) |
| Interest expense | (14,578,519,000,000) | (10,092,083) | (16,186,914,000,000) | (15,426,706,000,000) |
| Insurance finance interest expense | (1,504,488,000,000) | (1,041,492) | (1,477,757,000,000) | (1,534,458,000,000) |
| Net interest income | 13,073,093,000,000 | 9,049,943 | 12,826,714,000,000 | 12,180,860,000,000 |
| Fee and commission income | 5,773,521,000,000 | 3,996,761 | 5,481,843,000,000 | 5,368,074,000,000 |
| Fee and commission expense | (1,675,234,000,000) | (1,159,692) | (1,632,216,000,000) | (1,694,550,000,000) |
| Net fee and commission income | 4,098,287,000,000 | 2,837,069 | 3,849,627,000,000 | 3,673,524,000,000 |
| Insurance income | 12,376,546,000,000 | 8,567,752 | 11,456,191,000,000 | 11,005,471,000,000 |
| Insurance income | 11,651,881,000,000 | 8,066,098 | 11,017,155,000,000 | 10,322,356,000,000 |
| Reinsurance income | 724,665,000,000 | 501,654 | 439,036,000,000 | 683,115,000,000 |
| Insurance expense | (11,073,173,000,000) | (7,665,483) | (9,806,430,000,000) | (9,558,619,000,000) |
| Insurance service expense | (10,213,199,000,000) | (7,070,160) | (8,884,168,000,000) | (8,720,568,000,000) |
| Reinsurance expense | (859,974,000,000) | (595,323) | (922,262,000,000) | (838,051,000,000) |
| Net insurance income | 1,303,373,000,000 | 902,269 | 1,649,761,000,000 | 1,446,852,000,000 |
| Net gains (losses) on financial instruments at fair value through profit or loss | 3,380,205,000,000 | 2,339,971 | 1,012,081,000,000 | 2,163,065,000,000 |
| Other insurance finance income (expenses) | (1,026,721,000,000) | (710,757) | (437,001,000,000) | (572,476,000,000) |
| Net other operating expenses | (2,883,075,000,000) | (1,995,829) | (1,873,011,000,000) | (2,712,989,000,000) |
| General and administrative expenses | (7,064,573,000,000) | (4,890,501) | (6,938,624,000,000) | (6,647,406,000,000) |
| Operating income before provision for credit losses | 10,880,589,000,000 | 7,532,165 | 10,089,547,000,000 | 9,531,430,000,000 |
| Provision for credit losses | (2,362,878,000,000) | (1,635,719) | (2,044,286,000,000) | (3,146,409,000,000) |
| Net operating income | 8,517,711,000,000 | 5,896,446 | 8,045,261,000,000 | 6,385,021,000,000 |
| Share of profit (loss) of associates and joint ventures | 26,852,000,000 | 18,589 | (16,884,000,000) | 33,110,000,000 |
| Net other non-operating income (expenses) | (361,417,000,000) | (250,194) | (1,043,130,000,000) | (297,980,000,000) |
| Net non-operating income (expenses) | (334,565,000,000) | (231,605) | (1,060,014,000,000) | (264,870,000,000) |
| Profit before income tax expense | 8,183,146,000,000 | 5,664,841 | 6,985,247,000,000 | 6,120,151,000,000 |
| Income tax expense | (2,342,431,000,000) | (1,621,564) | (1,956,641,000,000) | (1,593,817,000,000) |
| Profit for the year | 5,840,715,000,000 | 4,043,277 | 5,028,606,000,000 | 4,526,334,000,000 |
| Items that will not be reclassified to profit or loss | ||||
| Remeasurements of net defined benefit liabilities | 28,017,000,000 | 19,395 | (85,375,000,000) | (72,170,000,000) |
| Share of other comprehensive income (loss) of associates and joint ventures | 0 | 0 | 0 | (2,000,000) |
| Gains (losses) on equity securities at fair value through other comprehensive income | 124,513,000,000 | 86,195 | (254,864,000,000) | 69,605,000,000 |
| Fair value changes on financial liabilities designated at fair value through profit or loss due to own credit risk | (3,222,000,000) | (2,230) | (5,514,000,000) | (52,863,000,000) |
| Items that will not be reclassified to profit or loss (Sub Total) | 149,308,000,000 | 103,360 | (345,753,000,000) | (55,430,000,000) |
| Items that may be reclassified subsequently to profit or loss | ||||
| Currency translation differences | (28,814,000,000) | (19,946) | 582,872,000,000 | 317,000,000 |
| Gains (losses) on debt securities at fair value through other comprehensive income | (1,992,733,000,000) | (1,379,484) | 1,468,299,000,000 | 3,304,471,000,000 |
| Shares of other comprehensive income (loss) of associates and joint ventures | 2,018,000,000 | 1,397 | 165,000,000 | 26,000,000 |
| Gains (losses) on cash flow hedging instruments | (289,508,000,000) | (200,415) | 34,741,000,000 | 53,923,000,000 |
| Gains (losses) on hedging instruments of net investments in foreign operations | 39,631,000,000 | 27,435 | (186,708,000,000) | (14,659,000,000) |
| Insurance finance incomes(expenses) | 1,159,681,000,000 | 802,797 | (3,176,328,000,000) | (2,117,504,000,000) |
| Items that may be reclassified subsequently to profit or loss(Sub Total) | (1,109,725,000,000) | (768,216) | (1,276,959,000,000) | 1,226,574,000,000 |
| Other comprehensive income for the year, net of tax | (960,417,000,000) | (664,856) | (1,622,712,000,000) | 1,171,144,000,000 |
| Total comprehensive income for the year | 4,880,298,000,000 | 3,378,421 | 3,405,894,000,000 | 5,697,478,000,000 |
| Profit attributable to: | ||||
| Shareholders of the parent company | 5,833,161,872,989 | 4,038,048 | 5,078,220,543,511 | 4,594,834,837,385 |
| Non-controlling interests | 7,553,000,000 | 5,229 | (49,615,000,000) | (68,501,000,000) |
| Profit for the year | 5,840,715,000,000 | 4,043,277 | 5,028,606,000,000 | 4,526,334,000,000 |
| Total comprehensive income for the year attributable to: | ||||
| Shareholders of the parent company | 4,878,528,000,000 | 3,377,195 | 3,419,852,000,000 | 5,772,352,000,000 |
| Non-controlling interests | 1,770,000,000 | 1,226 | (13,958,000,000) | (74,874,000,000) |
| Total comprehensive income for the year | ₩ 4,880,298,000,000 | $ 3,378,421 | ₩ 3,405,894,000,000 | ₩ 5,697,478,000,000 |
| Earnings Per Share | ||||
| Basic earnings per share | (per share) | ₩ 15,410 | $ 10.67 | ₩ 12,880 | ₩ 11,483 |
| Diluted earnings per share | (per share) | ₩ 15,261 | $ 10.56 | ₩ 12,726 | ₩ 11,218 |
Consolidated Statements Of Cash Flows $ in Thousands, ₩ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 31, 2025
KRW (₩)
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
KRW (₩)
|
Dec. 31, 2023
KRW (₩)
|
|
| Cash flows from operating activities: | ||||
| Profit for the year | ₩ 5,840,715 | $ 4,043,277 | ₩ 5,028,606 | ₩ 4,526,334 |
| Adjustment for non-cash items | ||||
| Net losses (gains) on financial assets at fair value through profit or loss | (2,246,763) | (1,555,338) | 29,212 | (1,793,351) |
| Net losses on derivative financial instruments for hedging purposes | 61,260 | 42,408 | 168,387 | 53,073 |
| Provision for credit losses | 2,362,878 | 1,635,719 | 2,044,286 | 3,146,409 |
| Net losses (gains) on financial investments | (100,042) | (69,255) | 103,986 | 255,989 |
| Share of loss (profit) of associates and joint ventures | (26,852) | (18,589) | 16,884 | (33,110) |
| Depreciation and amortization expense | 914,686 | 633,198 | 916,295 | 865,927 |
| Other net losses (gains) on property and equipment/intangible assets | (152,580) | (105,625) | 145,164 | 131,270 |
| Share-based payments | 153,882 | 106,526 | 140,453 | 69,703 |
| Post-employment benefits | 192,787 | 133,458 | 177,481 | 155,720 |
| Net interest expense | 250,558 | 173,451 | 6,122 | 274,681 |
| Losses on foreign currency translation | 730,732 | 505,854 | 620,754 | 200,486 |
| Insurance finance income | (10,823,339) | (7,492,533) | (10,922,966) | (7,695,017) |
| Reinsurance finance expense | 1,241,676 | 859,559 | 1,659,880 | 1,318,610 |
| Other expenses | 860,422 | 595,634 | 793,690 | 827,254 |
| Adjustment for non-cash items | (6,580,695) | (4,555,533) | (4,100,372) | (2,222,356) |
| Changes in operating assets and liabilities | ||||
| Financial asset at fair value through profit or loss | (7,550,760) | (5,227,067) | (700,633) | (6,247,689) |
| Derivative financial instruments | 2,162 | 1,497 | (207,969) | (152,753) |
| Loans measured at fair value through other comprehensive income | (548,985) | (380,039) | (646,377) | (252,695) |
| Loans measured at amortized cost | (23,368,272) | (16,176,852) | (27,515,988) | (15,308,932) |
| Current income tax assets | (48,734) | (33,736) | (95,539) | (39,627) |
| Deferred income tax assets | 83,410 | 57,741 | 5,201 | (84,148) |
| Other assets | (9,035,662) | (6,255,002) | 1,393,446 | (3,775,944) |
| Financial liabilities at fair value through profit or loss | (58,243) | (40,319) | (183,609) | (1,467,780) |
| Deposits | 23,150,126 | 16,025,839 | 23,821,056 | 12,195,807 |
| Current income tax liabilities | 79,765 | 55,218 | 385,385 | (853,347) |
| Deferred income tax liabilities | 354,843 | 245,643 | 367,748 | 245,859 |
| Other liabilities | 5,483,916 | 3,796,279 | (4,948,829) | 9,967,626 |
| Insurance contract assets | 5,039 | 3,488 | (46,550) | (146,335) |
| Reinsurance contract assets | (1,258,024) | (870,876) | (1,498,923) | (1,470,578) |
| Insurance contract liabilities | 13,387,533 | 9,267,615 | 11,807,838 | 9,009,220 |
| Reinsurance contract liabilities | (2,261) | (1,565) | 49,018 | 37,217 |
| Investment contract liabilities | 4,290,505 | 2,970,133 | 1,106,677 | 148,937 |
| Changes in operating assets and liabilities (Sub-total) | 4,966,358 | 3,437,997 | 3,091,952 | 1,804,838 |
| Net cash inflow from operating activities | 4,226,378 | 2,925,741 | 4,020,186 | 4,108,816 |
| Cash flows from investing activities: | ||||
| Net cash flows from derivative financial instruments for hedging purposes | (125,312) | (86,748) | (44,552) | (48,122) |
| Disposal of financial asset at fair value through profit or loss | 24,532,395 | 16,982,725 | 15,648,112 | 12,389,938 |
| Acquisition of financial asset at fair value through profit or loss | (25,180,947) | (17,431,689) | (16,365,119) | (11,312,232) |
| Disposal of financial investments | 52,496,175 | 36,340,850 | 45,225,323 | 43,472,217 |
| Acquisition of financial investments | (57,231,392) | (39,618,838) | (47,328,121) | (47,125,014) |
| Disposal of investments in associates and joint ventures | 257,829 | 178,484 | 98,497 | 99,834 |
| Acquisition of investments in associates and joint ventures | (419,661) | (290,513) | (339,469) | (114,904) |
| Disposal of property and equipment | 91,927 | 63,637 | 18,616 | 8,177 |
| Acquisition of property and equipment | (333,440) | (230,826) | (337,178) | (350,138) |
| Disposal of investment property | 675,864 | 467,872 | 264,948 | 3,669 |
| Acquisition of investment property | (183,503) | (127,031) | (88,756) | (1,018,598) |
| Disposal of intangible assets | 11,702 | 8,101 | 21,073 | 5,359 |
| Acquisition of intangible assets | (221,529) | (153,355) | (289,731) | (330,427) |
| Net cash flows from changes in ownership of subsidiaries | (264,868) | (183,357) | 88,528 | 1,297,001 |
| Others | 356,861 | 247,038 | (397,226) | (496,252) |
| Net cash outflow from investing activities | (5,537,899) | (3,833,650) | (3,825,055) | (3,519,492) |
| Cash flows from financing activities: | ||||
| Net cash flows from derivative financial instruments for hedging purposes | (276,837) | (191,642) | (216,883) | (73,335) |
| Net increase (decrease) in borrowings | 3,844,056 | 2,661,075 | (4,358,474) | (2,223,069) |
| Increase in debentures | 93,229,857 | 64,539,031 | 86,031,647 | 83,777,490 |
| Decrease in debentures | (89,470,531) | (61,936,611) | (80,848,086) | (83,683,272) |
| Increase in other payables to trust accounts | 2,905,896 | 2,011,627 | 89,900 | 2,333,656 |
| Dividends paid to shareholders of the Parent Company | (1,302,291) | (901,520) | (1,486,978) | (1,151,900) |
| Issuance of hybrid securities | 404,028 | 279,691 | 399,059 | 598,552 |
| Repayment on hybrid securities | (1,130,000) | (782,251) | (350,000) | 0 |
| Dividends paid on hybrid securities | (202,392) | (140,107) | (199,800) | (184,915) |
| Acquisition of treasury shares | (1,480,000) | (1,024,541) | (820,000) | (571,745) |
| Redemption of principal of lease liabilities | (366,953) | (254,026) | (311,363) | (235,052) |
| Increase (decrease) in non-controlling interests | (103,724) | (71,804) | 115,292 | 721,101 |
| Others | (253,186) | (175,269) | (28,151) | (546,580) |
| Net cash inflow (outflow) from financing activities | 5,797,923 | 4,013,653 | (1,983,837) | (1,239,069) |
| Effect of exchange rate changes on cash and cash equivalents | (74,705) | (51,715) | 570,985 | (58,465) |
| Net increase (decrease) in cash and cash equivalents | 4,411,697 | 3,054,029 | (1,217,721) | (708,210) |
| Increase in beginning balance of cash and cash equivalents | 24,608,867 | 17,035,663 | 25,826,588 | 26,534,798 |
| Increase in ending balance of cash and cash equivalents | ₩ 29,020,564 | $ 20,089,692 | ₩ 24,608,867 | ₩ 25,826,588 |
Consolidated Statements Of Financial Position $ in Thousands, ₩ in Millions |
Dec. 31, 2025
KRW (₩)
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
KRW (₩)
|
||||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Cash and due from financial institutions | ₩ 34,776,877 | $ 24,074,540 | ₩ 29,869,111 | ||||
| Financial assets at fair value through profit or loss | 89,862,530 | 62,207,974 | 79,450,093 | ||||
| Derivative financial assets | 8,178,056 | 5,661,318 | 11,730,767 | ||||
| Loans measured at amortized cost | 491,978,044 | 340,575,296 | 472,071,840 | ||||
| Financial investments | 134,986,677 | 93,445,486 | 131,009,464 | ||||
| Investments in associates and joint ventures | 1,137,184 | 787,223 | 947,390 | ||||
| Insurance contract assets | 271,152 | 187,707 | 276,191 | ||||
| Reinsurance contract assets | 1,515,854 | 1,049,361 | 1,497,147 | ||||
| Property and equipment | 5,133,801 | 3,553,910 | 5,390,015 | ||||
| Investment property | 3,224,180 | 2,231,962 | 3,759,176 | ||||
| Intangible assets | 1,609,427 | 1,114,137 | 1,966,684 | ||||
| Net defined benefit assets | 353,366 | 244,620 | 258,500 | ||||
| Current income tax assets | 388,589 | 269,004 | 339,855 | ||||
| Deferred income tax assets | 193,034 | 133,629 | 278,824 | ||||
| Assets held for sale | 174,919 | 121,089 | 136,838 | ||||
| Assets included in disposal groups classified as held for sale | 94,215 | 65,221 | 0 | ||||
| Other assets | 24,045,128 | 16,645,410 | 18,863,637 | ||||
| Total assets | 797,923,033 | [1] | 552,367,887 | 757,845,532 | [1] | ||
| LIABILITIES | |||||||
| Financial liabilities at fair value through profit or loss | 11,320,590 | 7,836,759 | 10,720,231 | ||||
| Derivative financial liabilities | 8,234,289 | 5,700,245 | 11,783,494 | ||||
| Deposits | 462,397,026 | 320,097,626 | 435,687,897 | ||||
| Borrowings | 70,728,396 | 48,962,234 | 68,077,012 | ||||
| Debentures | 80,049,270 | 55,414,676 | 76,171,257 | ||||
| Insurance contract liabilities | 56,790,030 | 39,313,302 | 55,863,701 | ||||
| Reinsurance contract liabilities | 59,648 | 41,292 | 56,266 | ||||
| Provisions | 1,264,390 | 875,283 | 927,632 | ||||
| Net defined benefit liabilities | 100,088 | 69,287 | 100,187 | ||||
| Current income tax liabilities | 610,484 | 422,612 | 530,720 | ||||
| Deferred income tax liabilities | 1,819,080 | 1,259,271 | 1,682,292 | ||||
| Liabilities included in disposal groups classified as held for sale | 68,290 | 47,274 | 0 | ||||
| Other liabilities | 43,651,463 | 30,218,036 | 36,429,662 | ||||
| Total liabilities | 737,093,044 | [1] | 510,257,897 | 698,030,351 | [1] | ||
| TOTAL EQUITY | |||||||
| Share capital | 2,090,558 | 1,447,203 | 2,090,558 | ||||
| Hybrid securities | 4,359,388 | 3,017,817 | 5,082,578 | ||||
| Capital surplus | 16,633,518 | 11,514,671 | 16,646,734 | ||||
| Accumulated other comprehensive income | (467,456) | (323,600) | 496,922 | ||||
| Retained earnings | 38,333,741 | 26,536,804 | 34,808,220 | ||||
| Treasury shares | (1,901,538) | (1,316,353) | (1,236,060) | ||||
| Equity attributable to shareholders of the Parent Company | 59,048,211 | 40,876,542 | 57,888,952 | ||||
| Non-controlling interests | 1,781,778 | 1,233,448 | 1,926,229 | ||||
| Total equity | 60,829,989 | 42,109,990 | 59,815,181 | ||||
| Total liabilities and equity | ₩ 797,923,033 | $ 552,367,887 | ₩ 757,845,532 | ||||
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