KBC Group (OTCMKTS:KBCSY) Issues Earnings Results

KBC Group (OTCMKTS:KBCSY) issued its quarterly earnings results on Thursday. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05, Zacks reports. KBC Group had a return on equity of 13.15% and a net margin of 14.98%.

KBC Group Stock Performance

KBC Group stock traded down $0.33 during trading hours on Thursday, reaching $73.20. 157,386 shares of the company’s stock traded hands, compared to its average volume of 31,719. The firm has a market capitalization of $61.15 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 0.94 and a beta of 0.59. The firm’s 50 day moving average is $68.20 and its 200-day moving average is $66.96. KBC Group has a fifty-two week low of $56.86 and a fifty-two week high of $73.81.

Wall Street Analyst Weigh In

Several research firms recently weighed in on KBCSY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of KBC Group in a research note on Monday, July 20th. Citigroup reaffirmed a “neutral” rating on shares of KBC Group in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, KBC Group currently has a consensus rating of “Hold”.

KBC Group Company Profile

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.