KBC Groep NV
KBC
ISIN BE0003565737 / Valor 444581
KBC Groep NV
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About company
KBC Groep NV is an integrated bank-insurance group that primarily serves retail, private banking, small and medium-sized enterprises (SMEs), and mid-cap clients. The company operates predominantly in Belgium, the Czech Republic, Slovakia, Hungary, and Bulgaria, with a limited presence in other countries. KBC offers a comprehensive range of financial services, including traditional banking products, insurance solutions, and investment services, tailored to meet the diverse needs of its clientele. By combining banking and insurance operations, KBC aims to provide a seamless experience for its customers, leveraging synergies between its financial services to enhance customer value and operational efficiency.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (23.10.2025):
KBC Groep NV reported a net profit of €1,018 million for the second quarter of 2025, reflecting growth driven by increased net interest income, higher insurance revenues, improved trading and fair value income, and a seasonal peak in dividend income. Despite a slight decline in net fee and commission income, the company's loan portfolio and customer deposits continued to expand, and operating expenses significantly decreased compared to the previous quarter. The firm maintains a strong solvency and liquidity position, announced an interim dividend, and raised its full-year earnings guidance.
Net Profit
KBC Groep NV achieved a net result of €1,018 million in Q2 2025, up from €546 million in Q1 2025 and €925 million in Q2 2024. Basic earnings per share increased to €2.50.
Revenue Growth Drivers
Total income benefited from a 6% quarter-on-quarter and 9% year-on-year increase in net interest income, higher insurance income, better trading and fair value income, and a seasonal peak in dividend income.
Loan Portfolio and Deposits
The loan portfolio grew by 2% quarter-on-quarter and 7% year-on-year, while customer deposits, excluding volatile short-term deposits at foreign branches, also increased by 2% and 7% respectively.
Operating Expenses
Operating expenses decreased significantly compared to the previous quarter due to the recognition of bank and insurance taxes for the full year. Excluding these taxes, operating expenses rose by 2% quarter-on-quarter.
Insurance Performance
Insurance service income rose to €166 million from €142 million in the previous quarter and €113 million year-on-year. The non-life insurance combined ratio improved to 85% for the first half of 2025 compared to 90% projected for full-year 2024.
Fee and Commission Income
Net fee and commission income decreased by 3% quarter-on-quarter but remained up 7% year-on-year, supported by higher fees from both asset management and banking services.
Solvency and Liquidity
KBC maintains a strong solvency position with an unfloored fully loaded common equity ratio of 14.6% and robust liquidity metrics, including an LCR of 157% and an NSFR of 135% as of June 2025.
Dividend and Earnings Guidance
The company announced an interim dividend of €1 per share for November 2025 and raised its full-year 2025 net interest income guidance to at least €5.85 billion and total income growth to at least 7%, up from previous estimates.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
48109 M
Market cap (USD)
426,010
Daily traded volume (Shares)
74.46 / 73.92
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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