KBC Group N.V. (KBCSY) Stock

About KBC Group N.V.

KBC Group NV, a financial services conglomerate headquartered in Brussels, Belgium, offers a full spectrum of integrated banking and insurance solutions. Through its subsidiaries, the company primarily serves a diverse client base, including individual retail customers, private banking clients, small and medium-sized enterprises (SMEs), and mid-cap corporations. Its extensive portfolio of services encompasses deposit and savings accounts, home and mortgage lending, consumer financing, and business funding for SMEs. KBC also provides credit facilities, investment fund and asset management, as well as comprehensive life and non-life insurance products. Further financial services include cash management, payment processing, trade finance, lease arrangements, money market and capital market products, and stockbroking. The group additionally supports its clients with advanced internet and mobile banking platforms. As of December 31, 2021, KBC maintained a substantial operational footprint, featuring 439 bank branches and 310 insurance agencies in Belgium. Its international network included 208 bank branches in the Czech Republic, 123 in Slovakia, 198 in Hungary, 168 in Bulgaria, and 12 in Ireland. The company connects with its clientele through various distribution channels, including dedicated agents, independent brokers, and digital platforms. Established in 1935, the entity was initially known as KBC Bank and Insurance Holding Company NV, before rebranding to KBC Group NV in March 2005.

KBC Group N.V. is headquartered in BE.

KBC Group N.V. (KBCSY) stock trades at $69.50 with a market capitalization of $110.37B. The stock is valued at a price-to-earnings (P/E) ratio of 13.93, price-to-book of 1.87, price-to-sales of 2.00. Over the past 52 weeks the stock has ranged between $50.64 and $73.12, and currently trades 5.0% below its 52-week high. It pays a dividend yielding 6.83%.

On profitability, KBC Group N.V. generates a return on equity (ROE) of 13.42%, return on capital employed of 1.21%, an operating margin of 19.23%, a net profit margin of 14.89%.

In its most recent fiscal year, KBC Group N.V. reported annual revenue of $23.4B, net profit of $3.6B. Over the last 5 fiscal years, revenue grew at an average annual rate of 21.2%, and net profit grew at an average annual rate of 19.9%.

The balance sheet shows a debt-to-equity ratio of 2.34 (debt more than twice shareholders' equity), a current ratio of 1.68, total assets of $397.4B, $34.0B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

KBCSY has an average daily trading volume of 31,083 shares, a beta of 0.66 (historically less volatile than the overall market).

Official website: www.kbc.com