KB · KB Q2 FY2026 earnings call record财报电话会记录

“Regarding the remaining surplus capital, we will comprehensively take into account our earnings, PBR, and dividend yield trends at the end of fiscal year 2026 and use this to fund additional shareholder returns.”

“Going forward, we plan to consistently maintain our differentiated shareholder return policy based on our stable earnings generation capacity.”

“In particular, our securities subsidiary's contribution to the group's net income for the first half increased to approximately a 21% level, leading the growth in earnings from our non-banking business.”

“1H G&A expenses increased 8.9% YOY, but backed by solid growth in total operating income, the group CIR posted 36.2%.”

“Risk-weighted assets, RWA, recorded approximately KRW 370 trillion, up 1.1% QOQ, but remains well within our projected RWA annual growth target.”

“We had the share buyback and cancellation of 700 billion KRW, and we have about 180 billion KRW remaining.”

“Secondly, as you asked, we have reached PBR of one multiple, and in that case, for cash dividends and share buyback and cancellation, we are thinking of maybe adjusting the ratio of the two, but we are not saying that we are going to shake things up.”

“This shows that we are focusing on attaining strong customers and also enhancing our adequacy, and focused more on growing in terms of the larger customers.”

“In Q1, to focus on attaining very strong customers, we were very aggressive with our rates.”

“\We are also going to enhance our portfolio and focus on smaller customers to enhance our profitability and diversity as well.”

“In the past, our household loan growth rate target was 1%-2%, and our target is going to be maintained at that level.”

“Regarding shareholder return, I think I'm a little bit confused, I would like a clarification, I know there is KRW 180 billion that is remaining in the second half, and if it needs to be calculated into shareholder return resources for 2026, I think there needs to be share buyback and cancellation, or there needs to be some cash dividends that is distributed.”