OTC Markets OTCPK - Delayed Quote ? USD KBC Group NV (KBCSY) Follow Compare 37.59 +0.69 (+1.87%) As of 11:49 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations KBC Group: Third-quarter result of 868 million euros KBC Group – overview (consolidated, IFRS)3Q20242Q20243Q20239M20249M2023Net result (in millions of EUR)8689258772 3002 725Basic earnings per share (in EUR)2.142.252.075.586.44Breakdown of the net result by business unit (in millions of EUR) Belgium5985195171 3591 392Czech Republic179244200620661International Markets205224200576498Group Centre-114-61-41-255174Parent shareholders’ equity per share (in EUR, end of period)54.153.252.254.152.2 We recorded a net profit of 868 million euros in the third GlobeNewswire ? 11 hours ago KBCSF 0.00% KBCSY +1.87% KBC Group: Publication of transparency notification(s) received by KBC Group NV Publication of transparency notification(s) received by KBC Group NV (art. 14, 1st section of the Act of 2 May 2007 concerning the disclosure of significant participations) Summary of the notification(s) KBC Group NV has received an updated transparency notification on 7 October 2024, which states that BlackRock has a stake of 4.37% in KBC Group (total voting rights and equivalent financial instruments). The reason for the update is a change in the structure of the BlackRock group*. Content of t GlobeNewswire ? 28 days ago KBCSF 0.00% KBCSY +1.87% KBC Group (KBCSY) Upgraded to Buy: Here's What You Should Know KBC Group (KBCSY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). Zacks ? last month KBCSY +1.87% KBC Group: Second-quarter result of 925 million euros KBC Group – overview (consolidated, IFRS)2Q20241Q20242Q20231H20241H2023Net result (in millions of EUR)9255069661 4311 848Basic earnings per share (in EUR)2.251.182.293.444.37Breakdown of the net result by business unit (in millions of EUR) Belgium519243576761875Czech Republic244197276441461International Markets224146190370298Group Centre-61-80-76-141215Parent shareholders’ equity per share (in EUR, end of period)53.254.951.253.251.2 ‘We recorded a net profit of 925 million euros in the second qu GlobeNewswire ? 2 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: Conclusion of the KBC Group share buyback programme. Transparency notification On 10 August 2023 after trading hours, KBC Group NV announced a share buyback programme. Within the framework of this programme, KBC Group NV wishes to indicate that as a result of the cumulative repurchase of its own shares, it exceeded the 5% notification threshold on 30 July 2024. The share buyback program is now complete. As per close of business 30 July 2024, KBC Group NV holds 20 942 766 shares which represents 5,02% of the total number of currently issued shares being 417 305 876. On 31 J GlobeNewswire ? 3 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: Update regarding the KBC Group share buyback programme Within the framework of the share buyback programme announced on 10 August 2023 after trading hours, KBC Group NV wishes to advise that the following transactions took place on Euronext Brussels’ regulated market between 29 July 2024 and 31 July 2024, included: Date No. of shares Total price Average price Lowest price Highest price 29-07-2024 91 000 € 6 495 626 € 71.38 € 71.14 € 71.70 30-07-2024 90 000 € 6 467 544 € 71.86 € 71.34 € 72.12 31-07-2024 38 057 € 2 728 535 € 71.70 € 71.28 € 72.26 Foll GlobeNewswire ? 3 months ago KBCSF 0.00% KBCSY +1.87% Itau Unibanco (ITUB) Rides on Strategic Buyouts Amid High Costs Itau Unibanco (ITUB) is well-positioned to gain from its efforts to grow inorganically in Brazil and abroad. However, its elevated cost base is set to hinder the bottom-line growth in the upcoming period. Zacks ? 4 months ago ITUB BMA KBCSY +1.87% KBC Group: Bartel Puelinckx will replace Luc Popelier as KBC Group CFO With the approval of the Executive Committee and on the advice of the Nomination Committee, the Board of Directors of KBC Group NV has decided to appoint Bartel Puelinckx as new Chief Financial Officer and member of the Executive Committee of KBC Group. He will succeed Luc Popelier, who resigned to take up the position of CEO of Hamburg Commercial Bank (Germany) as of 1 September 2024. Bartel Puelinckx’s appointment will take effect on 1 September 2024, subject to approval by the National Bank o GlobeNewswire ? 4 months ago KBCSF 0.00% KBCSY +1.87% All You Need to Know About KBC Group (KBCSY) Rating Upgrade to Strong Buy KBC Group (KBCSY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. Zacks ? 5 months ago KBCSY +1.87% KBC Group: First-quarter result of 506 million euros ‘We recorded a net profit of 506 million euros in the first quarter of 2024. Compared to the result of the previous quarter, our total income benefited from several factors, including higher net interest income, net fee and commission income and insurance revenues, though these items were partly offset by lower levels of dividend income and trading & fair value income. Costs were up, since the bulk of the bank and insurance taxes for the full year are recorded – as usual – in the first quarter o GlobeNewswire ? 5 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: KBC Bank Ireland (now Exicon DAC) to return its banking licence to the Central Bank of Ireland on 30 April 2024 KBC Bank Ireland (renamed Exicon DAC on 8 February 2024) can confirm that it will return its banking licence to the Central Bank of Ireland on 30 April 2024, after having received approval from the Central Bank of Ireland and the European Central Bank. KBC Bank NV Dublin Branch staff will continue to be available to support any queries from customers. Customers retain their legal and regulatory protections. (More information for customers on https://www.kbc.com/en/kbc-ireland.html ) KBC Bank Ire GlobeNewswire ? 6 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: Board change at KBC Group On the advice of the nomination committee of KBC Group, the Board of Directors has decided to propose Ms. Diana Rádl Rogerová to the General Meeting of Shareholders as new non-executive, independent director on the Board of Directors of KBC Group and member of the Audit Committee, the Risk and Compliance Committee and the Nomination Committee of KBC Group. Ms. Rádl Rogerová will replace Ms. Vladimira Papirnik whose term of office as independent director on the Board of Directors of KBC Group is GlobeNewswire ? 7 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: Transparency notification regarding the KBC Group share buyback programme On 10 August 2023 after trading hours, KBC Group NV announced a share buyback programme. Within the framework of this programme, KBC Group NV wishes to indicate that it now holds more than 3% of the shares of the company as a result of the cumulative purchases of own shares. More in particular, KBC has exceeded the notification threshold of 3% on 4 March 2024. As per close of business 4 March 2024, KBC Group NV holds 12 566 378 shares which represents 3,01% of the total number of currently issue GlobeNewswire ? 7 months ago KBCSF 0.00% KBCSY +1.87% 20 Most Valuable Belgian Companies in 2024 In this article, we will be looking at the 20 most valuable Belgian companies in 2024. If you wish to skip our detailed analysis, you can move directly to the 5 Most Valuable Belgian Companies in 2024. Economy of Belgium: An Analysis Belgium has a small and open economy which recorded a GDP worth $627.51 […] Insider Monkey ? 8 months ago ^GSPC UCBJY KBCSY +1.87% KBC Group: Fourth-quarter result of 677 million euros Press Release Outside Outside trading hours - Regulated information Brussels, 8 February 2024, 7.00 a.m. CET ‘We recorded a net profit of 677 million euros in the last quarter of 2023. Compared to the result of the previous quarter, our total income benefitted from several factors, including better net fee and commission income and higher net other income, though these items were offset by a lower level of net interest income and lower insurance results. Costs, including bank and insurance taxes GlobeNewswire ? 8 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: KBC to call Additional Tier-1 (AT1) Securities it issued in 2019 On 5 March 2024, KBC Group NV will call the Additional Tier-1 (AT1) Securities (ISIN:BE0002638196) it issued in 2019. The European Central Bank (ECB) has granted KBC permission to call this instrument, which has a nominal value of 500 million euros, and at the same time to call the subordinated inter-company loan of the same amount that KBC Group NV granted to KBC Bank NV. Johan Thijs, KBC Group CEO, commented on the decision to exercise the call option as follows: ‘Following the pre-financing o GlobeNewswire ? 9 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: Results of the capital increase of KBC Group NV for the employees and effects on the transparency obligations The traditional annual capital increase reserved for the employees of KBC Group NV and some of its Belgian subsidiaries had, dd. 15 December 2023, the following effects on the share capital and the amount of shares/voting rights of KBC Group NV. - The share capital increased by 478 981,62 EUR to 1 461 017 750,26 EUR. - The total number of shares increased by 136 462 to 417 305 876 shares. The total number of voting rights also increased by 136 462 to 417 305 876. The most recent information on t GlobeNewswire ? 10 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: Frederik Vandepitte, CEO KBC Securities succeeds Franky Depickere as CEO Cera-group. Geert Cleuren has been proposed as new CEO KBC Securities. Frederik Vandepitte, who has been CEO of KBC Securities since 1 May 2019, will become full-time managing director and CEO of Cera-group as of 1 February 2024. Frederik follows in the footsteps of Franky Depickere, who has successfully led the Cera-group since 2006.Until the end of April 2026, Franky Depickere will remain a part-time managing director and will continue to fulfill his mandates and assignments in the KBC Group on behalf of Cera and prepare their transfer. The Executive Committee of GlobeNewswire ? 10 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: KBC discloses new capital requirements KBC's capital remains well above the minimum requirements KBC has been informed by the European Central Bank (ECB) of its new minimum capital requirements. Following the Supervisory Review and Evaluation Process (SREP) performed for 2023, the ECB has formally notified KBC of its decision to: maintain the Pillar 2 Requirement (P2R) at 1.05% CET11as a % of RWA;introduce a Pillar 2 Requirement (P2R) at 0.10% Tier-1 as a % of Leverage Ratio Exposure Amount;increase the Pillar 2 Guidance (P2G) from 1 GlobeNewswire ? 10 months ago KBCSF 0.00% KBCSY +1.87% KBC Group: Third-quarter result of 877 million euros Press Release Outside Outside trading hours - Regulated information Brussels, 9 November 2023, 7.00 a.m. CET ‘We recorded an excellent net profit of 877 million euros in the third quarter of 2023. Compared to the result of the previous quarter, our total income benefitted from several factors, including better insurance results and a slightly higher level of net fee and commission income, though these were offset by lower levels of net interest income, trading and fair value income and dividend GlobeNewswire ? 11 months ago KBCSF 0.00% KBCSY +1.87% Performance Overview Trailing total returns as of 11/7/2024, which may include dividends or other distributions. Benchmark is BEL 20 Return KBCSY BEL 20 YTD +22.34% +15.21% 1-Year +41.62% +22.96% 3-Year +4.47% -2.60%