-0.24%
-0.05%
11.73%
3.99%
23.18%
-3.17%
12.44%
AI Spotlight on KBC
Company Description
KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients.The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.It also provides Internet and mobile banking services.
As of December 31, 2021, it operated 439 bank branches and 310 insurance agencies in Belgium; 208 bank branches in the Czech Republic; 123 bank branches in Slovakia; 198 bank branches in Hungary; 168 bank branches in Bulgaria; and 12 bank branches in Ireland.KBC Group NV serves customers through agents, brokers, and various electronic channels.The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005.
KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.
Market Data
| Last Price | 74.5 |
| Change Percentage | -0.24% |
| Open | 74.6 |
| Previous Close | 74.68 |
| Market Cap ( Millions) | 29544 |
| Volume | 78943 |
| Year High | 75.82 |
| Year Low | 56.02 |
| M A 50 | 72.44 |
| M A 200 | 69.46 |
Financial Ratios
| FCF Yield | -26.57% |
| Dividend Yield | 6.11% |
| ROE | 13.09% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -1274.74% |
| Price To Book | 1.3 |
| Price Earnings Ratio | 10.15 |
| Price To FCF | -3.76 |
| Price To sales | 1.97 |
| EV / EBITDA | 0.77 |
News
- Jan -21 - Top Dividend Stocks To Consider In January 2025
- Dec -16 - KBC Group: Results of the capital increase of KBC Group NV for the employees and effects on the transparency obligations
- Dec -16 - 3 Dividend Stocks Offering Yields Up To 5.6%
- Dec -13 - KBC Group: KBC’s capital remains well above the minimum capital requirements
- Nov -29 - KBC Group: KBC welcomes extension of the KBC Group anchoring agreement made among Cera, KBC Ancora, MRBB and Other Stable Shareholders
- Nov -15 - 3 Dividend Stocks To Consider With Yields Up To 8.6%
- Nov -07 - KBC Group: Third-quarter result of 868 million euros
- Oct -10 - KBC Group: Publication of transparency notification(s) received by KBC Group NV
- Sep -23 - KBC Group (KBCSY) Upgraded to Buy: Here's What You Should Know
- Aug -08 - KBC Group: Second-quarter result of 925 million euros
- Aug -02 - KBC Group: Conclusion of the KBC Group share buyback programme. Transparency notification
- Jun -27 - Itau Unibanco (ITUB) Rides on Strategic Buyouts Amid High Costs
- Jun -11 - KBC Group: Bartel Puelinckx will replace Luc Popelier as KBC Group CFO
- May -17 - All You Need to Know About KBC Group (KBCSY) Rating Upgrade to Strong Buy
- May -16 - KBC Group: First-quarter result of 506 million euros
- Apr -26 - KBC Group: KBC Bank Ireland (now Exicon DAC) to return its banking licence to the Central Bank of Ireland on 30 April 2024
- Apr -23 - KBC Group: Update regarding the KBC Group share buyback programme
- Apr -02 - KBC Group: Board change at KBC Group
- Mar -08 - KBC Group: Transparency notification regarding the KBC Group share buyback programme
- Feb -21 - 20 Most Valuable Belgian Companies in 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Belgium Business Unit
Expected Growth : 3.5 %
What the company do ?
The Belgium Business Unit of KBC Group NV is the largest business segment, providing banking, insurance, and asset management services to individuals, SMEs, and mid-cap companies in Belgium.
Why we expect these perspectives ?
KBC Group NV's Belgium Business Unit achieved 3.5% growth driven by a strong mortgage market, increasing demand for digital banking services, and a favorable interest rate environment. Additionally, the unit's focus on cost optimization and investments in innovation contributed to its growth.
Segment n°2 -> Czech Republic Business Unit
Expected Growth : 3.8 %
What the company do ?
The Czech Republic Business Unit is a subsidiary of KBC Group NV, a Belgian multinational bank, providing financial services and insurance products to individuals and businesses in the Czech Republic.
Why we expect these perspectives ?
The 3.8% growth of the Czech Republic Business Unit from KBC Group NV is driven by a strong economy, low unemployment, and increasing consumer confidence. Additionally, the unit's focus on digitalization, cost savings, and strategic partnerships have contributed to its growth. Furthermore, the Czech Republic's growing demand for mortgages and consumer loans has also supported the unit's expansion.
Segment n°3 -> International Markets Business Unit
Expected Growth : 4.2 %
What the company do ?
The International Markets Business Unit of KBC Group NV focuses on providing financial services and insurance products to corporate and institutional clients globally.
Why we expect these perspectives ?
The 4.2% growth in International Markets Business Unit of KBC Group NV is driven by increasing cross-border transactions, expansion into emerging markets, and strategic partnerships. Additionally, the unit's focus on digitalization, innovative product offerings, and cost optimization initiatives have contributed to its growth.
Segment n°4 -> Group Center
Expected Growth : 3.2 %
What the company do ?
The Group Center from KBC Group NV is the central unit that provides strategic guidance, oversight, and support to the bank's business units and subsidiaries.
Why we expect these perspectives ?
The 3.2% growth of Group Center from KBC Group NV is driven by increasing demand for digital banking services, cost savings from operational efficiency initiatives, and strategic investments in innovation and technology. Additionally, the segment benefits from a solid capital position, enabling investments in growth initiatives and dividend distributions.
Kbc Group Nv Products
| Product Range | What is it ? |
|---|---|
| Retail Banking | KBC Group NV offers a range of retail banking services, including current and savings accounts, credit cards, personal loans, and mortgages. |
| Private Banking | KBC Group NV provides private banking services to high net worth individuals, offering personalized investment advice, wealth management, and estate planning. |
| Corporate Banking | KBC Group NV offers corporate banking services to businesses, including cash management, trade finance, and risk management solutions. |
| Insurance | KBC Group NV provides a range of insurance products, including life insurance, non-life insurance, and pension plans. |
| Asset Management | KBC Group NV offers asset management services, including investment funds, exchange-traded funds, and discretionary portfolio management. |
| Markets and Treasury | KBC Group NV provides markets and treasury services, including foreign exchange, commodities, and interest rate hedging solutions. |
KBC Group NV's Porter Forces
Threat Of Substitutes
KBC Group NV operates in a highly competitive market, and customers have various alternatives to choose from. However, the company's strong brand reputation and diversified product offerings mitigate the threat of substitutes to some extent.
Bargaining Power Of Customers
KBC Group NV's customers have significant bargaining power due to the availability of alternative financial services providers. The company's large customer base and diversified product offerings help to mitigate this power to some extent.
Bargaining Power Of Suppliers
KBC Group NV has a diversified supplier base, which reduces the bargaining power of individual suppliers. The company's strong financial position and long-term relationships with suppliers also help to mitigate supplier power.
Threat Of New Entrants
The threat of new entrants in the financial services industry is relatively low due to the high barriers to entry, including regulatory requirements and significant capital investments. KBC Group NV's established brand reputation and diversified product offerings also make it difficult for new entrants to gain market share.
Intensity Of Rivalry
The financial services industry is highly competitive, with many established players competing for market share. KBC Group NV's strong brand reputation, diversified product offerings, and strategic partnerships help the company to maintain its competitive position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 56.40% |
| Debt Cost | 9.95% |
| Equity Weight | 43.60% |
| Equity Cost | 9.95% |
| WACC | 9.95% |
| Leverage | 129.34% |
KBC Group NV : Quality Control
KBC Group NV passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| DANSKE.CO | Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management … |
| SWED-A.ST | Swedbank AB (publ) provides various banking products and services to individuals and companies. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers savings … |
| DBK.DE | Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and … |
| UCG.MI | UniCredit S.p.A. operates as a commercial bank that provides retail, corporate, and private banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, treasury, and insurance … |
| LLOY.L | Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom. It operates through three segments: Retail; Commercial Banking; and Insurance … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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KBC
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UniCredit
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Lloyds Banking
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1-Year Total Return ->
4
Danske Bank
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5
Deutsche Bank
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1-Year Total Return ->
6
