NH Investment & Securities maintains KRW 226,000 target for KB stock

Published on 10/05/2026 at 01:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KB Financial's Q2 net income reached KRW 2.01 trillion versus KRW 1.92 trillion. For KB stock, the next report is October 29, 2026, before the open.

KB, US48241A1051, Illustration mit AI erstellt.

KB Financial Group (ISIN US48241A1051) has a KRW 226,000 price target and a Buy recommendation maintained by NH Investment & Securities on October 2, 2026, according to Chosunbiz. The recommendation puts shareholder returns and earnings resilience at the center of the current KB stock debate.

Target rests on earnings resilience

NH Investment & Securities expects KB Financial to deliver third-quarter net profit attributable to controlling interests of KRW 1.82 trillion, which the report described as broadly in line with market expectations. Its forecast also calls for net interest income of KRW 3.30 trillion, down 0.90 percent year over year, while noninterest income is projected at KRW 1.40 trillion, up 41.60 percent, according to Chosunbiz.

The contrast matters for investors: lower interest income points to pressure from the banking spread, while the projected noninterest income increase of 41.60 percent offers an offset. The same report said KB Financial's common equity tier 1 ratio stood at 13.74 percent at the end of June and could rise by approximately 10 basis points by the end of September.

Second-quarter profit sets the base

KB Financial reported KRW 2.01 trillion in second-quarter net income, compared with KRW 1.92 trillion in the first quarter. Operating profit was KRW 2.71 trillion in the second quarter, versus KRW 2.73 trillion in the first quarter, according to Atsview.

The result gives the October earnings date a clear benchmark. A third-quarter net profit near KRW 1.82 trillion would keep the group close to its second-quarter profit level, while the projected shift toward fee and other noninterest income remains the more important operating comparison.

October report sets the next test

KB Financial is scheduled to report third-quarter results on October 29, 2026, before the US market opens, with consensus earnings per share of USD 3.61 and expected revenue of USD 3.40 billion, according to Gekko. The company has beaten earnings per share estimates in 5 of its last 8 reports, giving the upcoming release a measurable expectations hurdle.

Prior close and market range

The prior close at Lang & Schwarz was EUR 110.00 on October 2, 2026. On the NYSE, KB Financial's USD 77.44 to USD 133.29 52-week range and USD 43.5 billion market capitalization provide separate US-dollar context for the euro reference.