Industrial Bank of Korea
KRX:024110

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Industrial Bank of Korea
KRX:024110
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Price: 14 840 KRW 1.02%
Market Cap: 11.8T KRW
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Industrial Bank of Korea
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Industrial Bank of Korea
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
Industrial Bank of Korea
KRX:024110
Net Income
â‚©2.8T
CAGR 3-Years
8%
CAGR 5-Years
10%
CAGR 10-Years
10%
Woori Financial Group Inc
KRX:316140
Net Income
â‚©2.8T
CAGR 3-Years
3%
CAGR 5-Years
8%
CAGR 10-Years
29%
KB Financial Group Inc
KRX:105560
Net Income
â‚©4.6T
CAGR 3-Years
2%
CAGR 5-Years
9%
CAGR 10-Years
12%
Shinhan Financial Group Co Ltd
KRX:055550
Net Income
â‚©4.7T
CAGR 3-Years
-6%
CAGR 5-Years
-1%
CAGR 10-Years
5%
Hana Financial Group Inc
KRX:086790
Net Income
â‚©3.7T
CAGR 3-Years
-6%
CAGR 5-Years
2%
CAGR 10-Years
11%
KakaoBank Corp
KRX:323410
Net Income
â‚©354.9B
CAGR 3-Years
46%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Industrial Bank of Korea
Glance View

Market Cap
11.8T KRW
Industry
Banking

Industrial Bank of Korea (IBK) stands as a pivotal institution in South Korea’s financial landscape, quintessentially supporting the nation's small and medium-sized enterprises (SMEs) since its establishment in 1961. Originally conceived to provide financing solutions that encourage economic growth and job creation, IBK has evolved into a significant player in both domestic and international banking arenas. With a unique focus on SMEs, the bank not only plays a critical role in bolstering local businesses but also contributes to the broader vision of sustainable economic development. As it embraces digital transformation and diversifies its offerings, IBK leverages technology to enhance customer experience, create innovative financial products, and maintain a strong competitive edge in an increasingly complex market. For investors, IBK represents an intriguing opportunity, combining stability with growth potential. The bank has consistently demonstrated sound financial performance, underscored by its robust asset quality, diversified loan portfolio, and commitment to prudent risk management. With increasing government initiatives aimed at supporting SMEs, coupled with strategic international expansions, IBK is well-positioned to capitalize on emerging market opportunities. Furthermore, its commitment to sustainable banking practices aligns with the global shift towards responsible investing, appealing to environmentally-conscious investors. As IBK continues to reinforce its foundational mission while adapting to the changing financial landscape, it offers a compelling blend of resilience and growth prospects for discerning investors.

Intrinsic Value
12 633.5 KRW
Overvaluation 15%
Intrinsic Value
Price

See Also

What is Industrial Bank of Korea's Net Income?
Net Income
2.8T KRW

Based on the financial report for Sep 30, 2024, Industrial Bank of Korea's Net Income amounts to 2.8T KRW.

What is Industrial Bank of Korea's Net Income growth rate?
Net Income CAGR 10Y
10%

Over the last year, the Net Income growth was -4%. The average annual Net Income growth rates for Industrial Bank of Korea have been 8% over the past three years , 10% over the past five years , and 10% over the past ten years .

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