Institutional Sign In

Go

KBC Group

KBC Group's employees rose 2.02% yoy to 37,946 in 4Q2022

By Helgi Library - November 7, 2023

KBC Group employed 37,946 persons in 2022-12-31, down 0% when compared to the previous year. Historically, the bank's workforce ...

KBC Group's employees rose 2.02% yoy to 37,946 in 4Q2022

By Helgi Library - November 7, 2023

KBC Group employed 37,946 persons in 2022-12-31, down 0% when compared to the previous year. Historically, the bank's workforce ...

KBC Group - Quarterly Cost Efficiency

By Helgi Library - November 7, 2023

KBC Group's cost to income ratio reached 44.5% in the fourth quarter of 2022, down from when compared to the previous quarter. ...

Profit Statement 2020 2021 2022
Net Interest Income EUR mil 4,520 4,495 5,221
Net Fee Income EUR mil 1,610 1,836 1,847
Other Income EUR mil 1,830 2,052 2,135
Total Revenues EUR mil 7,960 8,383 9,203
Staff Cost EUR mil 2,329 2,457 2,561
Operating Profit EUR mil 3,814 3,987 4,814
Provisions EUR mil 1,074 -334 154
Net Profit EUR mil 1,535 2,648 3,001
Balance Sheet 2020 2021 2022
Interbank Loans EUR mil 33,971 32,898 24,472
Customer Loans EUR mil 159,234 159,168 177,427
Investments EUR mil 87,917 84,383 82,689
Total Assets EUR mil 320,743 340,346 354,545
Shareholders' Equity EUR mil 21,530 23,077 21,819
Interbank Borrowing EUR mil 39,970 42,992 36,998
Customer Deposits EUR mil 196,285 205,920 233,714
Issued Debt Securities EUR mil 17,516 18,840 17,781
Ratios 2020 2021 2022
ROE % 7.35 11.9 13.4
ROA % 0.502 0.801 0.864
Costs (As % Of Assets) % 1.36 1.33 1.26
Costs (As % Of Income) % 52.1 52.4 47.7
Capital Adequacy Ratio % 21.5 19.9 17.0
Net Interest Margin % 1.48 1.36 1.50
Loans (As % Of Deposits) % 81.1 77.3 75.9
NPLs (As % Of Loans) % 1.99 1.78 1.28
Provisions (As % Of NPLs) % 81.9 89.1 89.5
Valuation 2020 2021 2022
Market Capitalisation USD mil 29,177 35,818 26,846
Number Of Shares mil 416 417 417
Share Price EUR 50.0 67.1 57.3
Price/Earnings (P/E) 14.0 10.8 8.09
Price/Book Value (P/BV) 0.966 1.21 1.09
Dividend Yield % 4.88 5.96 6.99
Earnings Per Share (EPS) EUR 3.57 6.23 7.08
Book Value Per Share EUR 51.8 55.3 52.3
Dividend Per Share EUR 2.44 4.00 4.00

Get all company financials in excel:

Download Sample   $19.99

summary Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
income statement                                                              
Net Interest Income EUR mil                                                 4,334 4,183 4,625 4,702 4,520    
Total Revenues EUR mil                                                 7,752 8,608 8,230 8,384 7,960    
Operating Profit EUR mil                                                 3,781 4,735 3,997 4,081 3,814    
Net Profit EUR mil                                                 2,369 2,745 2,587 2,511 1,535    
balance sheet                                                              
Interbank Loans EUR mil                                                 17,835 24,952 26,202 31,028 33,971    
Customer Loans EUR mil                                                 133,793 141,880 146,954 155,565 159,234    
Investments EUR mil                                                 86,973 82,396 79,197 82,055 87,917    
Total Assets EUR mil                                                 275,200 292,342 283,808 290,591 320,743    
                                                                 
Shareholders' Equity EUR mil                                                 17,357 18,803 19,633 20,222 21,530    
Interbank Borrowing EUR mil                                                 31,782 34,711 25,845 23,225 39,970    
Customer Deposits EUR mil                                                 158,747 176,365 176,574 184,524 196,285    
Issued Debt Securities EUR mil                                                 15,998 15,653 15,431 16,083 17,516    
ratios                                                              
ROE % ...                                               14.3 15.2 13.5 12.6 7.35    
ROA % ...                                               0.898 0.967 0.898 0.874 0.502    
Costs (As % Of Assets) % ...                                               1.51 1.36 1.47 1.50 1.36    
Costs (As % Of Income) %                                                 51.2 45.0 51.4 51.3 52.1    
Capital Adequacy Ratio %                                                 20.6 20.4 19.2 20.6 21.5    
Net Interest Margin % ...                                               1.64 1.47 1.61 1.64 1.48    
Interest Income (As % Of Revenues) %                                                 55.9 48.6 56.2 56.1 56.8    
Fee Income (As % Of Revenues) %                                                 18.7 19.8 20.9 20.7 20.2    
Staff Cost (As % Of Total Cost) % ... ... ... ...                                         56.7 59.5 55.4 54.8 56.2    
Equity (As % Of Assets) %                                                 6.31 6.43 6.92 6.96 6.71    
Loans (As % Of Deposits) %                                                 84.3 80.4 83.2 84.3 81.1    
Loans (As % Assets) %                                                 48.6 48.5 51.8 53.5 49.6    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ...                         4.12 3.59 2.73 2.15 1.99    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ...                         85.3 77.1 78.1 76.0 81.9    
valuation                                                              
Market Capitalisation USD mil                                                 25,959 35,780 27,009 31,352 29,177    
Number Of Shares mil                                                 418 418 417 416 416    
Share Price EUR                                                 44.7 56.2 46.8 58.5 50.0    
Earnings Per Share (EPS) EUR                                                 5.54 6.44 6.02 5.90 3.57    
Book Value Per Share EUR                                                 41.5 45.0 47.1 48.6 51.8    
Dividend Per Share EUR                                                 2.80 3.00 3.50 1.00 2.44    
Price/Earnings (P/E)                                                 8.06 8.73 7.78 9.92 14.0    
Price/Book Value (P/BV)                                                 1.08 1.25 0.995 1.20 0.966    
Dividend Yield %                                                 6.27 5.34 7.47 1.71 4.88    
Earnings Per Share Growth % ...                                               59.8 16.2 -6.48 -1.96 -39.5    
Book Value Per Share Growth % ...                                               9.78 8.33 4.66 3.25 6.47    
income statement Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
income statement                                                              
Interest Income EUR mil                                                 6,717 6,399 7,078 7,328 6,317    
Interest Cost EUR mil                                                 2,383 2,216 2,453 2,626 1,797    
Net Interest Income EUR mil                                                 4,334 4,183 4,625 4,702 4,520    
Net Fee Income EUR mil                                                 1,451 1,707 1,719 1,734 1,610    
Fee Income EUR mil ... ... ... ...                                         2,102 2,615 2,456 2,475 2,365    
Fee Expense EUR mil ... ... ... ...                                         651 908 737 741 755    
Other Income EUR mil                                                 1,967 2,718 1,886 1,948 1,830    
Total Revenues EUR mil                                                 7,752 8,608 8,230 8,384 7,960    
Staff Cost EUR mil ... ... ... ...                                         2,252 2,303 2,343 2,357 2,329    
Depreciation EUR mil ... ... ... ... ... ... ... ... ... ... ... ...                         145 153 149 196 204    
Other Cost EUR mil ... ... ... ... ... ... ... ... ... ... ... ...                         1,574 1,417 1,741 1,750 1,613    
Operating Cost EUR mil                                                 3,971 3,873 4,233 4,303 4,146    
Operating Profit EUR mil                                                 3,781 4,735 3,997 4,081 3,814    
Provisions EUR mil                                                 126 -87.0 -62.0 203 1,074    
Extra and Other Cost EUR mil                                                 624 897 725 731 766    
Pre-Tax Profit EUR mil                                                 3,031 3,925 3,334 3,147 1,974    
Tax EUR mil                                                 662 1,180 747 636 439    
Minorities EUR mil                                                 0 0 0 0 0    
Net Profit EUR mil                                                 2,369 2,745 2,587 2,511 1,535    
Net Profit Avail. to Common EUR mil                                                 2,317 2,693 2,511 2,455 1,485    
Dividends EUR mil                                                 1,171 1,260 1,456 416 1,017    
growth rates                                                              
Net Interest Income Growth % ...                                               -1.21 -3.48 10.6 1.66 -3.87    
Net Fee Income Growth % ...                                               -13.5 17.6 0.703 0.873 -7.15    
Total Revenue Growth % ...                                               -0.270 11.0 -4.39 1.87 -5.06    
Operating Cost Growth % ...                                               -14.7 -2.47 9.30 1.65 -3.65    
Operating Profit Growth % ...                                               21.3 25.2 -15.6 2.10 -6.54    
Pre-Tax Profit Growth % ...                                               41.1 29.5 -15.1 -5.61 -37.3    
Net Profit Growth % ...                                               -5.24 15.9 -5.77 -2.94 -38.9    
market share                                                              
Market Share in Revenues %                                                 29.8 32.1 ... ... ... ... ...
Market Share in Net Profit %                                                 37.1 41.5 41.7 37.3 32.7 ... ...
Market Share in Employees %                                                 70.2 79.2 73.5 74.6 75.9 ... ...
Market Share in Branches % ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ... ... ... ... ... ... ... 43.5 47.6 46.6 46.7 52.1 ... ...
balance sheet Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
balance sheet                                                              
Cash & Cash Equivalents EUR mil                                                 20,148 29,727 18,691 8,356 24,583    
Interbank Loans EUR mil                                                 17,835 24,952 26,202 31,028 33,971    
Customer Loans EUR mil                                                 133,793 141,880 146,954 155,565 159,234    
Retail Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ...                         64,036 68,444 69,483 74,979 79,003    
Mortgage Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...               57,307 60,601 60,766 67,711 71,841    
Consumer Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...               6,729 7,843 8,717 7,268 7,162    
Corporate Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ...                         74,631 77,475 80,674 83,170 82,869    
Investments EUR mil                                                 86,973 82,396 79,197 82,055 87,917    
Property and Equipment EUR mil                                                 2,451 2,721 2,738 3,248 3,136    
Intangible Assets EUR mil ... ... ... ... ...                                       999 1,205 1,330 1,458 1,551    
Goodwill EUR mil ... ... ... ... ... ... ... ... ... ... ... ...                         597 719 719 877 845    
Total Assets EUR mil                                                 275,200 292,342 283,808 290,591 320,743    
                                                                 
Shareholders' Equity EUR mil                                                 17,357 18,803 19,633 20,222 21,530    
Of Which Minority Interest EUR mil                                                 0 0 0 0 0    
Liabilities EUR mil                                                 257,843 273,539 264,175 270,369 299,213    
Interbank Borrowing EUR mil                                                 31,782 34,711 25,845 23,225 39,970    
Customer Deposits EUR mil                                                 158,747 176,365 176,574 184,524 196,285    
Sight Deposits EUR mil ...                                               63,427 73,606 79,893 85,626 100,986    
Term Deposits EUR mil ...                                               74,046 98,254 92,141 94,866 92,042    
Issued Debt Securities EUR mil                                                 15,998 15,653 15,431 16,083 17,516    
Subordinated Debt EUR mil ... ... ... ... ... ... ... ... ... ...           ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Other Liabilities EUR mil                                                 51,316 46,810 46,325 46,537 45,442    
asset quality                                                              
Non-Performing Loans EUR mil ... ... ... ... ... ... ... ... ... ... ... ...                         5,711 5,242 4,099 3,401 3,220    
Gross Loans EUR mil                                                 138,667 145,919 150,157 158,149 161,872    
Risk-Weighted Assets EUR mil ... ... ... ... ... ... ... ... ... ... ... ...                         87,782 92,410 94,875 99,071 102,111    
Total Provisions EUR mil ... ... ... ... ... ...                                     4,874 4,039 3,203 2,584 2,638    
growth rates                                                              
Customer Loan Growth % ...                                               4.16 6.04 3.58 5.86 2.36    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ...                       3.77 6.88 1.52 7.91 5.37    
Mortgage Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...             4.10 5.75 0.272 11.4 6.10    
Consumer Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...             1.08 16.6 11.1 -16.6 -1.46    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... ... ... ...                       3.29 3.81 4.13 3.09 -0.362    
Total Asset Growth % ...                                               9.05 6.23 -2.92 2.39 10.4    
Shareholders' Equity Growth % ...                                               9.78 8.33 4.41 3.00 6.47    
Customer Deposit Growth % ...                                               18.4 11.1 0.119 4.50 6.37    
market share                                                              
Market Share in Customer Loans %                                                 25.5 25.9 25.7 25.8 26.3   ...
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... ... ... ...                         55.7 57.0 52.3 ... ... ... ...
Market Share in Retail Loans % ... ... ... ... ... ... ... ... ... ... ... ...                         25.4 25.9 25.2 25.5 25.9 ... ...
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...               34.4 34.5 26.2 21.6 23.1 ... ...
Market Share in Mortgage Loans % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...               24.6 25.1 25.0 26.0 26.2   ...
Market Share in Total Assets %                                                 26.9 29.4 28.6 27.7 28.3   ...
Market Share in Customer Deposits %                                                 26.6 28.6 31.8 31.2 30.9   ...
ratios Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
                                                               
ROE % ...                                               14.3 15.2 13.5 12.6 7.35    
ROTE % ... ... ... ... ... ...                                     15.2 16.2 14.4 13.5 7.93    
ROE (@ 15% of RWA) % ... ... ... ... ... ... ... ... ... ... ... ... ...                       17.9 20.3 18.4 17.3 10.2    
ROA % ...                                               0.898 0.967 0.898 0.874 0.502    
Return on Loans %                                                 1.81 1.99 1.79 1.66 0.975    
Operating Profit (As % of RWA) % ... ... ... ... ... ... ... ... ... ... ... ... ...                       4.28 5.26 4.27 4.21 3.79    
Costs (As % Of Assets) % ...                                               1.51 1.36 1.47 1.50 1.36    
Costs (As % Of Income) %                                                 51.2 45.0 51.4 51.3 52.1    
Costs (As % Of Loans) % ...                                               3.03 2.81 2.93 2.84 2.63    
Costs (As % Of Loans & Deposits) % ...                                               1.43 1.27 1.32 1.30 1.19    
Capital Adequacy Ratio %                                                 20.6 20.4 19.2 20.6 21.5    
Tier 1 Ratio %                                                 17.8 18.0 17.0 18.7 19.6    
Net Interest Margin % ...                                               1.64 1.47 1.61 1.64 1.48    
Interest Spread % ...                                               1.58 1.42 1.54 1.57 1.44    
Asset Yield % ...                                               2.55 2.25 2.46 2.55 2.07    
Revenues (As % of RWA) % ... ... ... ... ... ... ... ... ... ... ... ... ...                       8.77 9.55 8.79 8.65 7.91    
Cost Of Liabilities % ...                                               0.964 0.834 0.912 0.983 0.631    
Payout Ratio %                                                 49.4 45.9 56.3 16.6 66.2    
Interest Income (As % Of Revenues) %                                                 55.9 48.6 56.2 56.1 56.8    
Fee Income (As % Of Revenues) %                                                 18.7 19.8 20.9 20.7 20.2    
Other Income (As % Of Revenues) %                                                 25.4 31.6 22.9 23.2 23.0    
Staff Cost (As % Of Total Cost) % ... ... ... ...                                         56.7 59.5 55.4 54.8 56.2    
Equity (As % Of Assets) %                                                 6.31 6.43 6.92 6.96 6.71    
Equity (As % Of Loans) %                                                 13.0 13.3 13.4 13.0 13.5    
Loans (As % Of Deposits) %                                                 84.3 80.4 83.2 84.3 81.1    
Loans (As % Assets) %                                                 48.6 48.5 51.8 53.5 49.6    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ...                         4.12 3.59 2.73 2.15 1.99    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ...                         85.3 77.1 78.1 76.0 81.9    
Provisions (As % Of Loans) % ... ... ... ... ... ...                                     3.64 2.85 2.18 1.66 1.66    
Cost of Provisions (As % Of Loans) % ...                                               0.096 -0.063 -0.043 0.134 0.682    
other data Unit 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
                                                               
Branches ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ... ... ... ... ... ... ... 1,456 1,521 1,389 1,278 1,265    
Employees                                                 38,356 42,000 38,064 37,629 37,137    
Employees Per Bank Branch ... ... ... ... ... ... ... ... ... ... ... ... ...   ... ... ... ... ... ... ... ... ... ... 26.3 27.6 27.4 29.4 29.4    
Cost Per Employee USD per month ... ... ... ...                                         5,246 5,131 6,008 5,915 6,115    
Cost Per Employee (Local Currency) EUR per month ... ... ... ...                                         4,893 4,569 5,130 5,220 5,226    
Employee Turnover % ... ... ... ... ... ... ... ... ... ... ... ... ...                     ... 10.0 12.0 13.2 13.0 12.0    
Women (As % of Workforce) % ... ... ... ... ... ... ... ... ... ... ... ... ...                       56.0 57.0 57.0 57.0 56.0    
Women (As % of Management) % ... ... ... ... ... ... ... ... ... ... ... ... ...                     ... 15.0 16.0 20.0 21.0 22.0    

Get all company financials in excel:

Download Sample   $19.99

KBC Group - Quarterly Cost Efficiency

By Helgi Library - November 7, 2023

KBC Group's cost to income ratio reached 44.5% in the fourth quarter of 2022, down from when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 63.1% of income in 4Q2005 and an all time low of 43.2% in 4Q2017. ...

KBC Group's retail loan growth rose 256% yoy to 7.17% in 2Q2023

By Helgi Library - November 7, 2023

KBC Group's retail loans reached EUR 84,161 mil at the end of 2023-06-30, up 0.734% compared to the previous year. In the last decade, the average annual loan growth amounted to 3.87%. Overall, retail loans accounted for 46.4% of the bank's loan book at the...

KBC Group's retail loan growth rose 256% yoy to 7.17% in 2Q2023

By Helgi Library - November 7, 2023

KBC Group's retail loans reached EUR 84,161 mil at the end of 2023-06-30, up 0.734% compared to the previous year. In the last decade, the average annual loan growth amounted to 3.87%. Overall, retail loans accounted for 46.4% of the bank's loan book at the...

KBC Group's costs (as % of assets) fell 5.02% yoy to 1.26% in 2022

By Helgi Library - November 7, 2023

KBC Group's cost to income ratio reached 47.7% in 2022, down from 52.4% compared to the previous year. Historically, the bank’s costs reached an all time high of 53.2% of income in 2005 and an all time low of 45.0% in 2017. When compared to total assets, b...

KBC Group's costs (as % of assets) fell 5.02% yoy to 1.26% in 2022

By Helgi Library - November 7, 2023

KBC Group's cost to income ratio reached 47.7% in 2022, down from 52.4% compared to the previous year. Historically, the bank’s costs reached an all time high of 53.2% of income in 2005 and an all time low of 45.0% in 2017. When compared to total assets, b...

KBC Group's net interest margin rose 10.5% yoy to 1.50% in 2022

By Helgi Library - November 7, 2023

KBC Group's net interest margin amounted to 1.50% in 2022, up from 1.36% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 1.97% in 2010 and an all time low of 1.23% in 2002. The average margin in th...

KBC Group's net interest margin rose 10.5% yoy to 1.50% in 2022

By Helgi Library - November 7, 2023

KBC Group's net interest margin amounted to 1.50% in 2022, up from 1.36% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 1.97% in 2010 and an all time low of 1.23% in 2002. The average margin in th...

KBC Group's employees rose 2.02% yoy to 37,946 in 2022

By Helgi Library - November 7, 2023

KBC Group employed 37,946 persons in 2022, up 2.02% when compared to the previous year. Historically, the bank's workforce hit an all time high of 50,479 persons in 2005 and an all time low of 37,137 in 2020. Average cost reached USD 6,597 per month per employee,...

KBC Group's employees rose 2.02% yoy to 37,946 in 2022

By Helgi Library - November 7, 2023

KBC Group employed 37,946 persons in 2022, up 2.02% when compared to the previous year. Historically, the bank's workforce hit an all time high of 50,479 persons in 2005 and an all time low of 37,137 in 2020. Average cost reached USD 6,597 per month per employee,...

KBC Group's retail loan growth rose 298% yoy to 9.94% in 2022

By Helgi Library - November 7, 2023

KBC Group's retail loans reached EUR 82,505 mil at the end of 2022, up 9.94% compared to the previous year. In the last decade, the average annual loan growth amounted to 3.74%. Overall, retail loans accounted for 46.5% of the bank's loan book at the end of...

More News