KakaoBank Corp
KRX:323410

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KakaoBank Corp
KRX:323410
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Price: 21 300 KRW 0.95% Market Closed
Market Cap: 10.1T KRW
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KakaoBank Corp
Loan Loss Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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KakaoBank Corp
Loan Loss Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Loan Loss Provision CAGR 3Y CAGR 5Y CAGR 10Y
KakaoBank Corp
KRX:323410
Loan Loss Provision
-â‚©248.3B
CAGR 3-Years
-60%
CAGR 5-Years
-76%
CAGR 10-Years
N/A
Woori Financial Group Inc
KRX:316140
Loan Loss Provision
-â‚©2.1T
CAGR 3-Years
-56%
CAGR 5-Years
-29%
CAGR 10-Years
-4%
KB Financial Group Inc
KRX:105560
Loan Loss Provision
-â‚©2.9T
CAGR 3-Years
-48%
CAGR 5-Years
-32%
CAGR 10-Years
-9%
Shinhan Financial Group Co Ltd
KRX:055550
Loan Loss Provision
-â‚©2.2T
CAGR 3-Years
-34%
CAGR 5-Years
N/A
CAGR 10-Years
-7%
Hana Financial Group Inc
KRX:086790
Loan Loss Provision
-â‚©1.1T
CAGR 3-Years
-26%
CAGR 5-Years
-14%
CAGR 10-Years
0%
Industrial Bank of Korea
KRX:024110
Loan Loss Provision
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

KakaoBank Corp
Glance View

Market Cap
10.1T KRW
Industry
Banking

KakaoBank Corp. has emerged as a transformative force in South Korea's banking landscape, capturing the attention of investors with its innovative digital-first approach. Established in 2016 as a subsidiary of Kakao Corp., a leading tech conglomerate known for its messaging app KakaoTalk, KakaoBank leverages cutting-edge technology to offer seamless online banking experiences. With no physical branches, it has successfully attracted a younger demographic seeking convenience and efficiency, making it a repository of value for over 16 million customers. Its core offerings encompass savings accounts, loans, and payment services, all tailored to meet the fast-evolving demands of tech-savvy consumers. This digital-centric model not only reduces operational costs but also allows KakaoBank to offer competitive interest rates, positioning itself as a viable alternative to traditional banks. As an investor, the growth trajectory of KakaoBank is compelling, bolstered by a robust increase in digital transactions and a surge in online financial services. The bank's unique integration with Kakao's widespread ecosystem—covering social media, e-commerce, and transportation—enhances customer engagement and propels cross-selling opportunities. With continued investments in technology and product development, KakaoBank is well-positioned to capture a larger market share amid the escalating competition in the fintech space. Furthermore, its commitment to sustainability and financial inclusivity could serve as both a strong brand differentiator and a long-term growth strategy. As such, KakaoBank represents a notable opportunity for investors eager to tap into the dynamic intersection of finance and technology in one of Asia's most digitally advanced economies.

Intrinsic Value
18 518.4 KRW
Overvaluation 13%
Intrinsic Value
Price

See Also

What is KakaoBank Corp's Loan Loss Provision?
Loan Loss Provision
-248.3B KRW

Based on the financial report for Dec 31, 2023, KakaoBank Corp's Loan Loss Provision amounts to -248.3B KRW.

What is KakaoBank Corp's Loan Loss Provision growth rate?
Loan Loss Provision CAGR 5Y
-76%

Over the last year, the Loan Loss Provision growth was -43%. The average annual Loan Loss Provision growth rates for KakaoBank Corp have been -60% over the past three years , -76% over the past five years .

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