KBC Group stock advances as Slovak merger nears approval date
Published on 09/25/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
KBC Group stock was trading at EUR 133.20 on Euronext Brussels on September 23, 2026, up 0.19 percent at the quoted time. The planned legal merger of 365.bank and CSOB on November 1 gives the Belgian banking group a concrete operational milestone, according to MarketScreener.
Slovak merger sets a date
Under the planned transaction, all activities of 365.bank will transfer to CSOB, while 365.bank will cease to exist as a separate legal entity. The combined bank is expected to serve 1.4 million clients and reach approximately 20 percent of the Slovak market for net retail loans and mortgages, according to the same September 23 report.
The brands are expected to remain in use for several months while 365.bank customers migrate to CSOB systems. Technical integration of the Poštová banka business is currently planned for 2027, giving the transaction a second implementation milestone.
Profit comparison supports valuation
KBC's latest reported quarter ended June 30, 2026, with revenue of EUR 6.77 billion and net profit of EUR 1.15 billion. The comparison base was EUR 5.93 billion in revenue and EUR 1.02 billion in net profit, according to The Globe and Mail. Revenue therefore exceeded the prior-year figure by EUR 0.84 billion, while net profit was EUR 0.13 billion higher.
That operating comparison matters because the stock has already moved well above the prior-year reference shown in market data. The merger adds a strategic execution issue, while the earnings figures provide the financial base for assessing whether expansion is translating into higher profit.
Jefferies sets EUR 155 target
On September 16, 2026, Jefferies initiated coverage with a Buy rating and a EUR 155.00 price target, as reported by Investing.com. The target is EUR 21.80 above the quoted EUR 133.20 share price, leaving the analyst view tied to both capital generation and execution of the group strategy.
KBC Group stock stays in view
KBC Group stock was trading at EUR 133.20 on Euronext Brussels on September 23, 2026, with an intraday change of 0.19 percent. The company is classified in financial services and is a BEL 20 constituent.
KBC Group market profile
- Company: KBC Group N.V.
- Ticker: KBC
- Trading venue: Euronext Brussels
- Price (as of September 23, 2026, 3:23 a.m. EDT): EUR 133.20
- Sector / Industry: Financial Services / Banks
- Index membership: BEL 20
