Investing.com - KB Financial reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
KB Financial announced earnings per share of 2.57 on revenue of 2.82B. Analysts polled by Investing.com anticipated EPS of 2.67 on revenue of 3B.
KB Financial shares are down 20.26% from the beginning of the year and are trading at 36.81 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
KB Financial follows other major Financial sector earnings this month
KB Financial's report follows an earnings missed by JPMorgan on Thursday, July 14, 2022, who reported EPS of 2.76 on revenue of 30.72B, compared to forecasts EPS of 2.89 on revenue of 31.81B.
Bank of America had missed expectations on Monday with second quarter EPS of 0.73 on revenue of 22.69B, compared to forecast for EPS of 0.7485 on revenue of 22.72B.
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