KBC Groep NV
XBRU:KBC

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KBC Groep NV Logo
KBC Groep NV
XBRU:KBC
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Price: 72.1 EUR -1.48% Market Closed
Market Cap: 30.1B EUR

KBC Groep NV
Investor Relations

Nestled in the heart of Europe, KBC Groep NV stands as a formidable entity, skillfully intertwining the domains of banking and insurance to serve its clientele predominantly across Belgium, the Czech Republic, Slovakia, Hungary, Bulgaria, and Ireland. This Brussels-based financial juggernaut has carved its niche through a unique integrated model that melds banking and insurance services to provide comprehensive financial solutions. At its core, KBC operates through a competitive mix of traditional banking services—ranging from retail accounts and mortgage lending to private banking for high-net-worth individuals—and innovative digital solutions that cater to its increasingly tech-savvy customer base. They have managed to keep pace in an evolving market by strategically investing in technology and digital platforms, ensuring that their services remain relevant and accessible in a rapidly changing environment.

KBC's profitability engine is fueled by its adept management of interest margins, fees, and commissions, earned through a combination of loans, deposits, and asset management services. Additionally, the group benefits significantly from cross-selling opportunities between its banking and insurance segments, ensuring that the customer journey is seamlessly bridged between financial and risk management needs. Insurance, in particular, plays a crucial role in KBC's revenue structure, with life and non-life insurance products offering stable income and growth potential. The company's strategic geographical focus on Central and Eastern Europe further enhances its risk diversification, providing a healthy mix of mature and high-growth markets. By maintaining a sound balance of traditional financial prudence and proactive digital innovation, KBC Groep NV continues to solidify its position as a dominant multi-channel financial provider in its chosen markets.

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Earnings Calls

2024 Q3
Nov 7, 2024
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KBC Group Reports Strong Q3 Results with Positive Net Interest Income Growth
2024 Q3
Nov 7, 2024

KBC Group achieved a notable net income of EUR 868 million for Q3 2024, supported by a diverse revenue increase across its markets. The company effectively managed a significant recovery of EUR 6.5 billion in customer deposits, a net positive of EUR 0.8 billion from last year. Looking ahead, KBC confidently projects a net interest income of at least EUR 5.6 billion for 2025, driven by a robust lending environment and a stable fee business. Despite a slight increase in costs by 6%, the solvency ratio improved further. An interim dividend of EUR 1 per share is to be paid on November 14, reinforcing shareholder confidence.

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Management

Mr. Johan Thijs
Group CEO, MD & Executive Director
No Bio Available
Ms. Christine Van Rijsseghem
Chief Risk Officer & Executive Director
No Bio Available
Mr. Erik Marcel Hugo Luts
Chief Innovation Officer
No Bio Available
Mr. Peter Grozdev Andronov
Chief Executive Officer of International Markets Business Unit
No Bio Available
Mr. David Moucheron
Chief Executive Officer of Belgium Business Unit
No Bio Available
Magistrate Ales Blazek
Chief Executive Officer of Czech Republic Business Unit
No Bio Available
Mr. Bartel Puelinckx
Chief Financial Officer
No Bio Available
Mr. Kurt De Baenst
General Manager of Investor Relations Office
No Bio Available
Ms. Viviane Huybrecht
General Manager of Corporate & Internal Communication
No Bio Available
Mr. Johan Thiers
Chief Financial Officer of Kbc Belgium B.U.
No Bio Available

Contacts

Address
BRUXELLES-CAPITALE
Brussels
Avenue du Port 2
Contacts
+3224294051.0
www.kbc.com