KB Financial Group Incorporation operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares KB Financial Group Incorporation with three other
companies in this sector in South Korea:
Shinhan Financial Group Company Limited
(2016
sales of 18.73 trillion Korean Won [US$16.60 billion]
of which 25%
was Banking),
Woori Bank
(11.12 trillion Korean Won [US$9.86 billion]
of which 27%
was Corporate Banking), and
Hana Financial Group
(12.72 trillion Korean Won [US$11.27 billion]
of which 46%
was Hana Bank).
Sales Analysis.
KB Financial Group Incorporation reported sales of 15.24 trillion Korean Won (US$13.50 billion)
for the
year ending
December of 2016.
This
represents
a
decrease of 4.1%
versus 2015, when the company's sales were 15.89 trillion Korean Won.
The sales level in 2016 was fairly close to the level five years ago: in 2011, KB Financial Group Incorporation had sales
of 15.75 trillion Korean Won.
Contributing to the drop in overall sales was the 3.1% decline
in Credit Card Operations, from 1.31 trillion Korean Won to 1.27 trillion Korean Won.
There were also decreases in sales in
Investment Securities (down 0.0% to 184.86 billion Korean Won)
and
Life Insurance (down 2.1% to 139.85 billion Korean Won)
.
However, these declines were partially offset by the increase in sales of
Bank Segment (up 1.0% to 5.45 trillion Korean Won)
and
Other (up 14.9% to 396.57 billion Korean Won)
.