The stock of KB Financial Group, Inc. (ADR) (NYSE:KB) is a huge mover today! About 226,924 shares traded hands or 61.78% up from the average. KB Financial Group, Inc. (ADR) (NYSE:KB) has risen 28.77% since March 15, 2016 and is uptrending. It has outperformed by 23.28% the S&P500.
The move comes after 6 months positive chart setup for the $14.20B company. It was reported on Oct, 18 by Barchart.com. We have $59.40 PT which if reached, will make NYSE:KB worth $9.23 billion more.
Analysts await KB Financial Group, Inc. (ADR) (NYSE:KB) to report earnings on November, 11.
According to Zacks Investment Research, “KOOKMIN BANK, formerly KB Financial Group Inc., is a commercial bank in Korea. On the asset side, the Company provides credit and related financial services to individuals and small and medium sized enterprises and, to a lesser extent, to large corporate customers. On the deposit side, it provides a range of deposit products and related services to both individuals and enterprises of all sizes.”
More notable recent KB Financial Group, Inc. (ADR) (NYSE:KB) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 13, 2011, also Zacks.com with their article: “Deutsche Bank’s Profitability at Risk from Macro Concerns” published on August 11, 2016, Marketwatch.com published: “Japan’s Nikkei dives 7.3% in spectacular U-turn” on May 23, 2013. More interesting news about KB Financial Group, Inc. (ADR) (NYSE:KB) were released by: Nasdaq.com and their article: “Deutsche Bank Fined Over ‘Squawks’ Supervision Failure” published on August 09, 2016 as well as Etfdailynews.com‘s news article titled: “Wealth Preservation With These ETFs (VYM, EEM, BSV, AGG)” with publication date: June 30, 2010.
KB Company Profile
KB Financial Group Inc., incorporated on October 29, 2008, is a financial holding firm in Korea. The Company’s activities include Kookmin Bank, a commercial bank in Korea. The Company’s subsidiaries engage in a range of businesses, including commercial banking, credit cards, asset management, life insurance, capital markets activities and international banking. The Firm operates through six business divisions: retail banking operations, corporate banking operations, other banking operations, credit card operations, investment and securities operations, and life insurance operations. The Firm provides credit and related financial services to individuals and small- and medium-sized enterprises and, to a lesser extent, to large corporate customers. It provides a range of deposit products and related services to both individuals and enterprises of all sizes. Through its capital markets operations, the Company invests and trades in debt and equity securities and, to a lesser extent, engages in derivatives and asset securitization transactions and makes call loans.
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