KB Financial Group Posts Record-High Cumulative Net Profit of 5.12 Trillion Won for Q3
Published 30 Oct.2025 15:32(KST)
Surpassing Last Year's Total Net Profit in Just Three Quarters
Joining the 5 Trillion Won Club
Kookmin Bank Up 28.5% Year-on-Year
KB Financial Group's cumulative net profit for the third quarter of this year reached 5.1217 trillion won, marking a 16.6% increase compared to the previous year. This is the highest cumulative figure ever recorded. In just three quarters, the group has already surpassed last year's total net profit of 5.0782 trillion won.
Net fee income expanded by 3.5% year-on-year, and the impact of provisions for equity-linked securities (ELS) set aside last year has dissipated, both of which contributed to the strong performance. Gains from the sale of consolidated fund assets in the second quarter were also reflected.
Net profit for the third quarter stood at 1.686 trillion won, a decrease of 3.0% from the previous quarter but an increase of 4.1% compared to the same period last year.
Net interest income for the third quarter was 3.3362 trillion won, up 7.4% from the previous quarter. Efforts to reduce funding costs by increasing core deposits, along with a base effect from the elimination of non-controlling interest expenses following the liquidation of consolidated funds in the second quarter, resulted in performance similar to the previous quarter.
Net fee income for the third quarter was 986.4 billion won, down 4.4% from the previous quarter. KB Financial Group explained that this was due to a decrease in bank investment banking fees and bancassurance sales, as well as a base effect from asset sales in the previous quarter.
The group’s net interest margin (NIM) for the third quarter was 1.96%, maintaining the same level as the previous quarter. The bank’s NIM was 1.74%, up 0.01 percentage points from the previous quarter but down 0.07 percentage points year-on-year.
The group’s Common Equity Tier 1 (CET1) ratio and Bank for International Settlements (BIS) capital adequacy ratio were 13.83% and 16.28%, respectively. A representative from KB Financial Group stated, “We have stably maintained capital adequacy through efficient capital allocation and risk-weighted asset management.”
Looking at the performance of major affiliates, KB Kookmin Bank’s cumulative net profit for the third quarter was 3.3645 trillion won, a 28.5% increase year-on-year. The disappearance of last year’s ELS provision impact, along with increased bancassurance sales commissions and investment banking fee income, contributed to this growth. Third-quarter net profit was 1.1769 trillion won, up 1.4% from the previous quarter.
KB Kookmin Card’s net profit for the third quarter was 99.3 billion won, a 2.6% increase from the previous quarter. KB Securities (157.8 billion won) and KB Insurance (208.8 billion won) saw decreases of 0.8% and 14.7%, respectively, compared to the previous quarter.
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