Earnings Call Summary | KB Financial(KB.US) Q1 2024 Earnings Conference
Earnings Call Summary | KB Financial(KB.US) Q1 2024 Earnings Conference
The following is a summary of the KB Financial Group Inc. (KB) Q1 2024 Earnings Call Transcript:
以下是KB金融集團公司（KB）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
KB Financial Group (KBFG) reported a Q1 2024 net income of KRW1,049.1 billion, a decline of 30.5% YoY, largely due to provisions for customer compensation costs related to ELS issues.
Credit loss provisions stand at KRW428.4 billion, down 35.9% YoY and 68.9% QoQ, resulting in a credit cost ratio of 38 basis points.
The company's Cost-Income Ratio (CIR) displayed a decreasing tendency, positioned at 36.9%.
Net interest income for the period was KRW3,151.5 billion, representing an increase of 11.6% YoY.
KB金融集團（KBFG）報告稱，2024年第一季度淨收入爲10.491億韓元，同比下降30.5％，這主要是由於與ELS問題相關的客戶薪酬成本準備金。
信貸損失準備金爲4284億韓元，同比下降35.9％，環比下降68.9％，信貸成本比率爲38個點子。
該公司的成本收入比率（CIR）呈下降趨勢，爲36.9％。
該期間的淨利息收入爲31.515億韓元，同比增長11.6％。
Business Progress:
業務進展：
KBFG has unveiled a new shareholder return strategy, detailing consistent quarterly dividends based on a total dividend policy.
The firm has a goal to maintain its Core Equity Tier 1 (CET1) ratio at a minimum of 13.5% within the year to handle possible future economic uncertainties.
Following provisions made in 2023, KBFG plans to control large spikes in credit costs amidst ongoing economic unpredictability.
KBFG is strategizing to manage loan growth speed flexibly, aiming to balance profitability and asset quality considering the economic environment and household debt situations.
The firm continues to prioritize consumer and corporate loan growth, while ensuring asset quality stability.
KBFG公佈了新的股東回報策略，詳細說明了基於總股息政策的持續季度分紅。
該公司的目標是在年內將其核心股權1級（CET1）比率維持在至少13.5％，以應對未來可能出現的經濟不確定性。
根據2023年做出的規定，KBFG計劃在持續的經濟不可預測的情況下控制信貸成本的大幅上漲。
KBFG正在制定靈活管理貸款增長速度的戰略，旨在考慮到經濟環境和家庭債務狀況，平衡盈利能力和資產質量。
該公司繼續優先考慮消費者和企業貸款的增長，同時確保資產質量的穩定。
More details: KB Financial IR
更多詳情： KB 金融投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。