Form 6-K

KB Financial Group Inc.

(Registrant)

Date: October 21, 2021

By: /s/ Hwan-Ju Lee

(Signature)

Name: Hwan-Ju Lee

Title: Senior Executive Vice President and Chief Finance Officer

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 October 2021

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 ☐

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): ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

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): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

2021 Third Quarter Preliminary Operating Results

On October 21, 2021, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for the third quarter of fiscal year 2021. 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 reviewed by KB Financial Group’s independent auditors and are subject to change.

Preliminary Operating Results of KB Financial Group (Consolidated)


(Won in millions, %)		3Q 2021		2Q 2021		% Change Increase (Q to Q)		3Q 2020		% Change Increase (Y to Y)
Operating revenue	Specified Quarter		16,472,963		12,241,667		34.56		10,533,000		56.39
Operating revenue	Cumulative		46,299,046		29,826,082		—		40,529,908		14.23
Net operating profit	Specified Quarter		1,787,248		1,673,748		6.78		1,416,525		26.17
Net operating profit	Cumulative		5,207,822		3,420,574		—		3,846,099		35.41
Profit before income tax	Specified Quarter		1,782,819		1,666,918		6.95		1,570,874		13.49
Profit before income tax	Cumulative		5,236,167		3,453,348		—		3,966,476		32.01
Profit for the period	Specified Quarter		1,305,413		1,207,423		8.12		1,194,220		9.31
Profit for the period	Cumulative		3,797,996		2,492,583		—		2,925,634		29.82
Profit attributable to shareholders of the parent company	Specified Quarter		1,297,908		1,204,276		7.77		1,166,583		11.26
	Cumulative		3,772,199		2,474,291		—		2,877,923		31.07

Note:

“Operating revenue” represents the sum of interest income, fee and commission income, insurance income, gain on financial assets/liabilities at fair value through profit or loss and other operating income.

Preliminary Operating Results of Kookmin Bank (Consolidated)


(Won in millions, %)		3Q 2021		2Q 2021		% Change Increase (Q to Q)		3Q 2020		% Change Increase (Y to Y)
Operating revenue	Specified Quarter		8,319,248		4,673,682		78.00		4,000,617		107.95
Operating revenue	Cumulative		21,409,978		13,090,730		—		17,532,794		22.11
Net operating profit	Specified Quarter		1,031,923		1,025,064		0.67		911,296		13.24
Net operating profit	Cumulative		3,008,370		1,976,447		—		2,647,627		13.63
Profit before income tax	Specified Quarter		1,030,331		1,004,117		2.61		867,866		18.72
Profit before income tax	Cumulative		3,005,713		1,975,382		—		2,578,428		16.57
Profit for the period	Specified Quarter		771,391		737,617		4.58		646,804		19.26
Profit for the period	Cumulative		2,199,575		1,428,184		—		1,904,082		15.52
Profit attributable to shareholders of the parent company	Specified Quarter		777,672		734,155		5.93		635,624		22.35
	Cumulative		2,200,320		1,422,648		—		1,882,378		16.89

Note:

“Operating revenue” 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.

Preliminary Operating Results of KB Securities Co., Ltd. (“KB Securities”) (Consolidated)


(Won in millions, %)		3Q 2021		2Q 2021		% Change Increase (Q to Q)		3Q 2020		% Change Increase (Decrease) (Y to Y)
Operating revenue	Specified Quarter		2,197,748		1,759,062		24.94		1,466,448		49.87
Operating revenue	Cumulative		6,923,518		4,725,770		—		7,913,056		(12.51	)
Net operating profit	Specified Quarter		236,148		203,699		15.93		232,566		1.54
Net operating profit	Cumulative		729,511		493,363		—		441,987		65.05
Profit before income tax	Specified Quarter		233,623		217,672		7.33		280,718		(16.78	)
Profit before income tax	Cumulative		748,065		514,442		—		475,094		57.46
Profit for the period	Specified Quarter		170,237		154,731		10.02		208,448		(18.33	)
Profit for the period	Cumulative		547,448		377,211		—		345,250		58.57
Profit attributable to shareholders of the parent company	Specified Quarter		170,286		154,758		10.03		208,442		(18.31	)
	Cumulative		547,517		377,231		—		345,233		58.59


Note: 1)		Based on KB Securities’ consolidated financial statements, as a result of which the figures differ from KB Securities’ earnings results to be released at KB Financial Group’s 2021 third quarter earnings conference, which are based on KB Financial Group’s consolidated financial statements.

2)		“Operating revenue” represents operating income based on KB Securities’ financial statements.

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.