KB Financial, 6,697,984 Shares Net Sold by Individuals in Last 5 Days... Stock Price at 51,300 KRW (-2.47%)

As of 9:30 AM on the 10th, KB Financial Group is trading at 51,300 KRW, down 2.47% from the previous day. The trading volume is 1,077,231 shares, which is about 15.22% of the previous day's volume. KB Financial Group is known as a financial holding company that owns KB Kookmin Bank and others.

On March 8, Eun-gap Kim, a researcher at IBK Investment & Securities, stated, "The consolidated net profit for 2020 was 3.46 trillion KRW, a 4.3% year-over-year 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% year-over-year 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 aside from COVID-19." He set the target price for KB Financial Group at 57,000 KRW.

Over the past five days, individual investors have net sold 6,697,984 shares of KB Financial Group, while foreigners and institutions have net bought 6,632,607 shares and 222,365 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated 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.