KBC Group (OTCMKTS:KBCSY – Get Free Report) released its quarterly earnings results on Thursday. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.05, Zacks reports. KBC Group had a net margin of 14.98% and a return on equity of 13.15%. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.87 billion.
KBC Group Stock Performance
Shares of OTCMKTS KBCSY remained flat at $73.20 during mid-day trading on Friday. The company had a trading volume of 157,386 shares, compared to its average volume of 21,884. KBC Group has a 52-week low of $56.86 and a 52-week high of $73.81. The business’s fifty day moving average is $68.20 and its 200 day moving average is $66.96. The company has a market capitalization of $61.15 billion, a price-to-earnings ratio of 14.52, a price-to-earnings-growth ratio of 0.95 and a beta of 0.59.
Analyst Ratings Changes
KBCSY has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of KBC Group in a research note on Monday, July 20th. Citigroup restated a “neutral” rating on shares of KBC Group in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
KBC Group Company Profile
KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.
The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.
Read More
- Five stocks we like better than KBC Group
- Why the Landlord of the AI Boom Could Outlast the Chipmakers
- AST SpaceMobile’s Latest BlueBird Launch Raises the Stakes Ahead of Q2 Earnings
- Buy the Dip or Run: 3 Software Stocks Down 50% Face Their Moment of Truth
- IonQ Sparks a Quantum Grid Revolution
Receive News & Ratings for KBC Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBC Group and related companies with MarketBeat.com's FREE daily email newsletter.
