KB Financial Group Inc. (KB) Q3 2024 Earnings Call Transcript

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KB Financial Group Inc. ( NYSE: KB ) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Jong-Hee Yang - Group CEO and Chairman Jae Kwan Kim - Group CFO and SEVP Conference Call Participants Kim Jae-Woo - Samsung Securities Do-Ha Kim - Hanwha Investment Securities Yong-Jin Seol - SK Securities Doosan Baek - Korea Investment Securities Miseon Lee - Citi Securities Jun-Sup Jung - NH Securities Jihyun Cho - JPMorgan Operator Greetings. We will now begin the 2024 Q3 business results presentation, and thank you very much for participating in today's earnings release.

We have here with us, Group CFO and SEVP, Jae Kwan Kim, as well as Executives from our Group. Regarding today's agenda, first there will be a video of our Group CEO and Chairman, Jong Hee Yang, explaining our company's value-up plan, which was disclosed today; and then our group CFO will cover 2024 Q3 major earnings results. After that, we will have a Q&A session.



We will now watch a video covering KB Financial Group Sustainable Value-up Plan. Jong-Hee Yang Greetings, I am Jong Hee Yang, Chairman and CEO of KB Financial Group. I will briefly cover KBFG's sustainable value-up plan to our shareholders and investors in and out of Korea who support and love KB.

KB has the significant responsibility of both utilizing the capital that our shareholders have invested to maximize profitability to continuously achieve high profits and at the same time, maintain asset quality as a financial company, which plays a pivotal role in supporting the nation's economy. During the past 10 years, KB, by strengthening fundamentals through painstaking efforts, diversified our portfolio. In addition, we firmly established our position as a leading financial group representing Korea in terms of earnings, shareholder return and ESG.

As a result, our capital profitability and.