KB Financial, 5.339 Million Shares Net Sold by Individuals Over Last 5 Days... Stock Price at 51,900 Won (+3.9%)

As of 9:30 AM on the 9th, KB Financial is trading at 51,900 KRW, up 3.9% from the previous day. The trading volume is 1,605,247 shares, which is 31.08% of the previous day's volume. KB Financial is known as a financial holding company that owns KB Kookmin Bank, among others.

On March 8, Kim Eun-gap, a researcher at IBK Investment & Securities, stated, "The consolidated net profit for 2020 was 3.46 trillion KRW, a 4.3% YoY increase. Although the bank's net profit in 2020 decreased by 5.8%, the non-bank profit increased by 15%, contributing to the overall increase in consolidated net profit. The non-bank profit ratio rose to 35% in 2020. KB Securities' net profit in 2020 was 430 billion KRW, a 65% YoY increase, making the largest contribution to the increase in non-bank profits. Further growth in non-bank profits is expected from Prudential Life. The forecast for consolidated net profit in 2021 is 3.615 trillion KRW, a 4.6% increase. Positive changes in NIM and favorable credit loss costs excluding COVID-19." He set the target price for KB Financial at 57,000 KRW.

Over the past five days, individual investors have net sold 5,339,279 shares of KB Financial, while foreigners and institutions have net bought 4,989,711 shares and 467,474 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.