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KB 6-K

KB Financial Group Inc. (KB)

6-K 2025-02-05 For: 2025-02-05
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Added on July 04, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2025

Commission File Number: 000-53445

KB Financial Group Inc.

(Translation of registrant’s name into English)

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Preliminary Operating Results for Fiscal Year 2024

On February 5, 2025, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for fiscal year 2024. The following tables reflect the key figures released during the conference. The presentation materials for the conference, which contain further details, are available at KB Financial Group’s website (http://www.kbfg.com).

The preliminary figures presented herein are based on International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) and are currently being audited by KB Financial Group’s independent auditors and are thereby subject to change.

1. Preliminary Operating Results of KB Financial Group (Consolidated)

(Won in millions, %) 4Q 2024 3Q 2024 % Change<br>Increase<br>(Decrease)<br>(Q to Q) 4Q 2023 % Change<br>Increase<br><br>(Y to Y)
Operating<br>revenue Specified Quarter 26,451,994 15,491,590 70.75 18,242,110 45.01
Cumulative 85,214,124 58,762,130 77,566,697 9.86
Net operating<br>profit Specified Quarter 1,030,013 2,357,551 (56.31 ) 245,675 319.26
Cumulative 8,045,261 7,015,248 6,385,021 26.00
Profit before income<br>tax Specified Quarter 924,380 2,284,151 (59.53 ) 212,738 334.52
Cumulative 6,985,247 6,060,867 6,120,151 14.14
Profit (Loss) for the<br>period Specified Quarter 658,688 1,596,039 (58.73 ) 174,308 277.89
Cumulative 5,028,606 4,369,918 4,526,334 11.10
Profit attributable to<br>shareholders of the parent company Specified Quarter 682,932 1,613,946 (57.69 ) 218,322 212.81
Cumulative 5,078,221 4,395,289 4,594,835 10.52
Notes: 1) “Operating revenue” represents the sum of interest income, fee and commission income, insurance income, reinsurance income, gain on financial assets/liabilities at fair value through profit or loss, other insurance finance<br>income and other operating income.
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2) KB Financial Group’s preliminary operating results for the fourth quarter of 2024 reflect certain communication with the Financial Supervisory Service regarding the application of IFRS 17. For comparison purposes, the figures<br>for the third quarter of 2024 and the fourth quarter of 2023 have been restated retrospectively to reflect the application of such communication.

2. Preliminary Operating Results of Kookmin Bank (Consolidated)

(Won in millions, %) 4Q 2024 3Q 2024 % Change<br>Increase<br>(Decrease)<br>(Q to Q) 4Q 2023 % Change<br>Increase<br>(Decrease)<br><br>(Y to Y)
Operating<br>revenue Specified Quarter 17,400,343 7,871,312 121.06 10,411,048 67.13
Cumulative 51,497,328 34,096,985 45,032,120 14.36
Net operating<br>profit Specified Quarter 946,716 1,590,218 (40.47 ) 474,594 99.48
Cumulative 5,398,865 4,452,149 4,327,990 24.74
Profit before income<br>tax Specified Quarter 871,999 1,565,802 (44.31 ) 447,856 94.71
Cumulative 4,445,298 3,573,299 4,229,777 5.10
Profit for the<br>period Specified Quarter 612,944 1,072,126 (42.83 ) 344,200 78.08
Cumulative 3,151,402 2,538,458 3,149,952 0.05
Profit attributable to<br>shareholders of the parent company Specified Quarter 633,869 1,112,032 (43.00 ) 406,127 56.08
Cumulative 3,251,759 2,617,890 3,261,499 (0.30 )
Note: “Operating revenue” represents the sum of interest income, fee and commission income, gain on<br>financial assets/liabilities at fair value through profit or loss and other operating income.
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3. Preliminary Operating Results of KB Securities Co., Ltd. (“KB Securities”) (Consolidated)

(Won in millions, %) 4Q 2024 3Q 2024 % Change<br>Increase<br>(Decrease)<br>(Q to Q) 4Q 2023 % Change<br>Increase<br>(Decrease)<br><br>(Y to Y)
Operating<br>revenue Specified Quarter 2,757,448 2,341,119 17.78 2,875,997 (4.12 )
Cumulative 10,832,031 8,074,583 11,585,140 (6.50 )
Net operating profit<br>(loss) Specified Quarter 45,312 238,775 (81.02 ) 68,839 (34.18 )
Cumulative 780,786 735,474 680,154 14.80
Profit (Loss) before income<br>tax Specified Quarter 38,336 233,599 (83.59 ) 10,585 262.17
Cumulative 748,633 710,297 492,761 51.93
Profit (Loss) for the<br>period Specified Quarter 37,745 173,149 (78.20 ) 22,483 67.88
Cumulative 590,361 552,616 388,028 52.14
Profit (Loss) attributable to<br>shareholders of the parent company Specified Quarter 40,259 172,030 (76.60 ) 29,840 34.92
Cumulative 591,153 550,894 395,015 49.65
Notes: 1) Based on KB Securities’ consolidated financial statements, as a result of which the figures differ from KB<br>Securities’ earnings results to be released at KB Financial Group’s earnings conference for fiscal year 2024, which are based on KB Financial Group’s consolidated financial statements.
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2) “Operating revenue” represents operating income based on KB Securities’ financial statements.
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Declaration of Cash Dividends by KB Financial Group

On February 5, 2025, the board of directors of KB Financial Group Inc. (“KB Financial Group”) passed a resolution to declare a cash dividend of KRW 804 per common share (total dividend amount of KRW 300,374,978,076, assuming the number of outstanding shares to be 373,600,719 shares).

The record date is February 28, 2025 (Korea local time), and in accordance with the Korean Commercial Code, the payment of such dividends is expected to be made within one month following shareholder approval at the annual general meeting of shareholders of KB Financial Group (the “AGM”). The date of the AGM will be decided and made publicly available upon the resolution of the board of directors of KB Financial Group to convene such meeting.

The total dividend amount is subject to adjustment based on the actual number of outstanding shares as of the record date, following the acquisition of treasury shares by KB Financial Group as disclosed in the report on Form 6-K titled “Resolution for Acquisition of Treasury Shares” dated February 5, 2025.

The contents of the above declaration remain subject to change pending the results of the audit by KB Financial Group’s independent auditors and the approval at the AGM.

Declaration of Cash Dividends by Kookmin Bank

On February 4, 2025, the board of directors of Kookmin Bank, a wholly-owned subsidiary of KB Financial Group, passed a resolution to declare a cash dividend of KRW 4,020 per common share, for a total dividend amount of KRW 1,625,604,046,320, subject to shareholder approval.

The record date is December 31, 2024, and in accordance with the Korean Commercial Code, the payment for such dividends is expected to be made within one month following shareholder approval at the annual general meeting of shareholders of Kookmin Bank, which is expected to be held on March 25, 2025.

The entire dividend amount is to be paid to KB Financial Group, which holds all of the common shares of Kookmin Bank.

The contents of the above declaration remain subject to change pending the results of the audit by Kookmin Bank’s independent auditors and the approval at the annual general meeting of shareholders of Kookmin Bank.

Declaration of Cash Dividends by KB Securities

On February 4, 2025, the board of directors of KB Securities, a wholly-owned subsidiary of KB Financial Group, passed a resolution to declare a cash dividend of KRW 937 per common share, for a total dividend amount of KRW 280,000,000,000, subject to shareholder approval.

The record date is December 31, 2024, and in accordance with the Korean Commercial Code, the payment for such dividends is expected to be made within one month following shareholder approval at the annual general meeting of shareholders of KB Securities, which is expected to be held on March 21, 2025. The entire dividend amount is to be paid to KB Financial Group, which holds all of the common shares of KB Securities.

The contents of the above declaration remain subject to change pending the results of the audit by KB Securities’ independent auditors and the approval at the annual general meeting of shareholders of KB Securities.

Report of Change in Revenue or Profit of More than 15% (KB Financial Group)

On February 5, 2025, KB Financial Group reported changes in its revenue and profit as described below.

Key Details (Consolidated)

(Won in thousands) FY 2024 FY 2023 Change<br>(Amount) Change<br>(%)
Revenue and Profit
- Operating revenue 85,214,123,573 77,566,697,334 7,647,426,239 9.86
- Net operating profit 8,045,261,241 6,385,020,922 1,660,240,319 26.00
- Profit from continuing operations before<br>income tax 6,985,247,154 6,120,151,276 865,095,878 14.14
- Profit for the period 5,028,606,050 4,526,334,027 502,272,023 11.10
Primary reason for the change in<br>revenue/profit An increase in interest income, primarily due to an increase in<br>the average balance of loan assets, as well as an increase in<br>the<br>profitability of insurance operations.
Other Financial Data
- Total assets 757,845,532,244 715,725,415,727
- Total liabilities 698,030,350,915 657,089,226,025
- Total equity 59,815,181,329 58,636,189,702
- Capital stock 2,090,557,685 2,090,557,685
- Total equity / Capital stock ratio<br>(%) 2,861.2 2,804.8
Note: 1) The preliminary figures presented above are based on K-IFRS and are<br>subject to change pending the results of the audit by KB Financial Group’s independent auditors.
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2) “Operating revenue” represents the sum of interest income, fee and commission income, insurance<br>income, reinsurance income, gain on financial assets/liabilities at fair value through profit or loss, other insurance finance income and other operating income.
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3) “Profit for the period” comprises the total profit for the period, including profit attributable to<br>both controlling interests and non-controlling interests.
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4) The preliminary operating results for fiscal year 2024 presented above reflect certain communications with the<br>Financial Supervisory Service regarding the application of IFRS17. For comparison purposes, the figures for fiscal year 2023 have been restated retrospectively to reflect the application of such communications.
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Report of Change in Revenue or Profit of More than 15% (Kookmin Bank)

On February 5, 2025, KB Financial Group reported changes in the revenue and profit of Kookmin Bank as described below.

Key Details (Consolidated)

(Won in thousands) FY 2024 FY 2023 Change<br>(Amount) Change<br>(%)
Revenue and Profit
- Operating revenue 51,497,328,149 45,032,119,654 6,465,208,495 14.4
- Net operating profit 5,398,864,988 4,327,990,390 1,070,874,598 24.7
- Profit from continuing operations before<br>income tax 4,445,298,292 4,229,776,591 215,521,701 5.1
- Profit for the period 3,151,401,505 3,149,952,039 1,449,466 0.0
Primary reason for the change in<br>revenue/profit An increase in interest income, primarily due to an increase in<br>the average balance of loan assets, as well as decrease in<br>provisions<br>for credit losses.
Other Financial Data
- Total assets 562,887,179,524 530,012,853,218
- Total liabilities 524,859,859,741 493,464,125,722
- Total equity 38,027,319,783 36,548,727,496
- Capital stock 2,021,895,580 2,021,895,580
- Total equity / Capital stock ratio<br>(%) 1,881 1,808
Note: 1) The preliminary figures presented above are based on K-IFRS and are<br>subject to change pending the results of the audit by KB Financial Group’s independent auditors.
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2) “Operating revenue” represents the sum of interest income, fee and commission income, gain on<br>financial assets/liabilities at fair value through profit or loss and other operating income.
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3) “Profit for the period” comprises the total profit for the period, including profit attributable to<br>both controlling interests and non-controlling interests.
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Report of Change in Revenue or Profit of More than 15% (KB Securities)

On February 5, 2025, KB Financial Group reported changes in the revenue and profit of KB Securities as described below.

Key Details (Consolidated)

(Won in thousands) FY 2024 FY 2023 Change<br>(Amount) Change<br>(%)
Revenue and Profit
- Operating revenue 10,832,030,725 11,585,140,111 (753,109,386 ) (6.50 )
- Net operating profit 780,786,477 680,154,124 100,632,353 14.80
- Profit from continuing operations before<br>income tax 748,633,013 492,761,458 255,871,555 51.93
- Profit for the period 590,360,820 388,027,837 202,332,983 52.14
Primary reason for the change in<br>revenue/profit An overall increase in key business sector performances.
Other Financial Data
- Total assets 63,390,535,353 61,266,919,886
- Total liabilities 56,502,205,677 54,970,887,868
- Total equity 6,888,329,676 6,296,032,018
- Capital stock 1,493,102,120 1,493,102,120
- Total equity / Capital stock ratio<br>(%) 461.3 421.7
Note: 1) The preliminary figures presented above are based on K-IFRS and are<br>subject to change pending the results of the audit by KB Securities’ independent auditors.
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2) “Operating revenue” represents operating income based on KB Securities’ financial statements.
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3) “Profit for the period” comprises the total profit for the period, including profit attributable to<br>both controlling interests and non-controlling interests.
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

KB Financial Group Inc.
(Registrant)
Date: February 5, 2025 By: /s/ Sang Rock Na
(Signature)
Name: Sang Rock Na
Title: Managing Director and Chief Financial Officer