0001193125-14-158101.txt : 20140425 0001193125-14-158101.hdr.sgml : 20140425 20140425064434 ACCESSION NUMBER: 0001193125-14-158101 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140425 FILED AS OF DATE: 20140425 DATE AS OF CHANGE: 20140425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KB Financial Group Inc. CENTRAL INDEX KEY: 0001445930 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: M5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53445 FILM NUMBER: 14782980 BUSINESS ADDRESS: STREET 1: 9-1, 2-GA, NAMDAEMOON-RO STREET 2: JUNG-GU CITY: SEOUL STATE: M5 ZIP: 100-703 BUSINESS PHONE: 822-2073-2844 MAIL ADDRESS: STREET 1: 9-1, 2-GA, NAMDAEMOON-RO STREET 2: JUNG-GU CITY: SEOUL STATE: M5 ZIP: 100-703 6-K 1 d717942d6k.htm FORM 6-K Form 6-K

 

 

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 April 2014

Commission File Number: 000-53445

 

 

KB Financial Group Inc.

(Translation of registrant’s name into English)

 

 

84, Namdaemoon-ro, Jung-gu, Seoul 100-703, 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  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A .

 

 

 


2014 First Quarter Preliminary Operating Results

On April 25, 2014, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for the first quarter of fiscal year 2014. 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 the International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) and are currently being reviewed by our independent auditors and are subject to change.

 

  1. Operating results of KB Financial Group (Consolidated)

 

(Won in millions, %)

   1Q 2014      4Q 2013      % Change
Increase
(Decrease)
(Q to Q)
    1Q 2013      % Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue*

  Specified Quarter      4,986,561         5,361,429         (6.99 %)      6,202,554         (19.60 %) 
 

Cumulative

     4,986,561         22,597,188         —          6,202,554         (19.60 %) 

Net operating profit

  Specified Quarter      483,724         458,084         5.60     532,865         (9.22 %) 
 

Cumulative

     483,724         2,026,992         —          532,865         (9.22 %) 

Profit before income tax

  Specified Quarter      498,427         368,679         35.19     547,736         (9.00 %) 
 

Cumulative

     498,427         1,815,291         —          547,736         (9.00 %) 

Profit for the period

  Specified Quarter      373,525         258,965         44.24     412,916         (9.54 %) 
 

Cumulative

     373,525         1,263,705         —          412,916         (9.54 %) 

Profit attributable to shareholders of the parent company

  Specified Quarter      373,525         258,965         44.24     411,458         (9.22 %) 
 

Cumulative

     373,525         1,260,509         —          411,458         (9.22 %) 

 

* Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income.


  2. Operating results of Kookmin Bank (Consolidated)

 

(Won in millions, %)

   1Q 2014      4Q 2013      % Change
Increase
(Decrease)
(Q to Q)
    1Q 2013      % Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue*

  Specified Quarter      3,774,007         4,095,114         (7.84 %)      4,862,670         (22.39 %) 
 

Cumulative

     3,774,007         17,461,406         —          4,862,670         (22.39 %) 

Net operating profit

  Specified Quarter      322,356         352,173         (8.47 %)      376,063         (14.28 %) 
 

Cumulative

     322,356         1,438,122         —          376,063         (14.28 %) 

Profit before income tax

  Specified Quarter      337,337         245,590         37.36     391,090         (13.74 %) 
 

Cumulative

     337,337         1,211,611         —          391,090         (13.74 %) 

Profit for the period

  Specified Quarter      258,232         173,153         49.14     295,857         (12.72 %) 
 

Cumulative

     258,232         819,719         —          295,857         (12.72 %) 

Profit attributable to shareholders of the parent company

  Specified Quarter      258,232         173,153         49.14     295,812         (12.70 %) 
 

Cumulative

     258,232         819,635         —          295,812         (12.70 %) 

 

* Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income.


  3. Operating results of KB Kookmin Card Co., Ltd. (Consolidated)

 

(Won in millions, %)

   1Q 2014      4Q 2013      % Change
Increase
(Decrease)
(Q to Q)
    1Q 2013      % Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue*

 

Specified Quarter

     722,306         787,202         (8.24 %)      714,376         1.11
 

Cumulative

     722,306         2,990,037         —          714,376         1.11

Net operating profit

 

Specified Quarter

     124,899         90,392         38.17     124,738         0.13
 

Cumulative

     124,899         503,759         —          124,738         0.13

Profit before income tax

 

Specified Quarter

     124,189         89,691         38.46     124,760         (0.46 %) 
 

Cumulative

     124,189         502,107         —          124,760         (0.46 %) 

Profit for the period

 

Specified Quarter

     94,439         68,734         37.40     95,588         (1.20 %) 
 

Cumulative

     94,439         384,411         —          95,588         (1.20 %) 

Profit attributable to shareholders of the parent company

 

Specified Quarter

     94,439         68,734         37.40     95,588         (1.20 %) 
 

Cumulative

     94,439         384,411         —          95,588         (1.20 %) 

 

* Represents the sum of interest income, fee and commission income, and other operating income.


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: April 25, 2014

    By:  

/s/ Woong-Won Yoon

    (Signature)
    Name:   Woong-Won Yoon
    Title:   Deputy President & CFO