Industrial Bank of Korea
KRX:024110

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Industrial Bank of Korea
KRX:024110
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Price: 14 560 KRW 1.89%
Market Cap: 11.6T KRW
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Industrial Bank of Korea
Income to Minority Interest

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Industrial Bank of Korea
Income to Minority Interest Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Income to Minority Interest CAGR 3Y CAGR 5Y CAGR 10Y
Industrial Bank of Korea
KRX:024110
Income to Minority Interest
-â‚©3.6B
CAGR 3-Years
34%
CAGR 5-Years
16%
CAGR 10-Years
4%
Woori Financial Group Inc
KRX:316140
Income to Minority Interest
-â‚©84.4B
CAGR 3-Years
27%
CAGR 5-Years
10%
CAGR 10-Years
6%
KB Financial Group Inc
KRX:105560
Income to Minority Interest
â‚©69.4B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Shinhan Financial Group Co Ltd
KRX:055550
Income to Minority Interest
-â‚©106.5B
CAGR 3-Years
-1%
CAGR 5-Years
12%
CAGR 10-Years
2%
Hana Financial Group Inc
KRX:086790
Income to Minority Interest
-â‚©38B
CAGR 3-Years
13%
CAGR 5-Years
-2%
CAGR 10-Years
3%
KakaoBank Corp
KRX:323410
Income to Minority Interest
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Industrial Bank of Korea
Glance View

Market Cap
11.6T KRW
Industry
Banking

Industrial Bank of Korea (IBK) is a state-owned entity established by the South Korean government in 1961 with a very purposeful mission: to promote economic growth by providing financial services tailored primarily for small and medium-sized enterprises (SMEs). In an economic landscape often dominated by large conglomerates, the bank's creation aimed to address the credit needs of smaller businesses, which were largely underserved at the time. Over the decades, IBK has effectively become an indispensable financial pillar for SMEs across South Korea, supporting their growth through diverse financial products and services. Their portfolio ranges from traditional banking services, like deposits and loans, to more complex offerings such as investing and insurance, providing a comprehensive suite of products to meet the varied needs of their clientele. The bank generates its revenue mainly through the interest on loans to these businesses and the fees from other financial services. By focusing on small and medium enterprises, IBK taps into a unique market niche, cultivating long-term client relationships that often foster repeat business opportunities. This approach also creates a relatively stable loan portfolio compared to many commercial banks, as it relies heavily on the solid performance of SMEs, which are the backbone of South Korea's economy. Moreover, IBK leverages its understanding of the SME sector to offer specialized advice and financing, cementing its role not just as a lender but as a strategic partner in their clients’ growth journeys. Through this symbiotic relationship, the bank underscores its commitment to not only sustaining its own financial health but also driving broader economic development in South Korea.

Intrinsic Value
12 476.58 KRW
Overvaluation 14%
Intrinsic Value
Price

See Also

What is Industrial Bank of Korea's Income to Minority Interest?
Income to Minority Interest
-3.6B KRW

Based on the financial report for Sep 30, 2024, Industrial Bank of Korea's Income to Minority Interest amounts to -3.6B KRW.

What is Industrial Bank of Korea's Income to Minority Interest growth rate?
Income to Minority Interest CAGR 10Y
4%

Over the last year, the Income to Minority Interest growth was 65%. The average annual Income to Minority Interest growth rates for Industrial Bank of Korea have been 34% over the past three years , 16% over the past five years , and 4% over the past ten years .

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