tiprankstipranks
KBC Group Posts Strong Q3 2024 Profit Growth
Company Announcements

KBC Group Posts Strong Q3 2024 Profit Growth

KBC Group SA/NV (GB:0EYG) has released an update.

Don't Miss our Black Friday Offers:

KBC Group reported a net profit of 868 million euros for the third quarter of 2024, driven by increased net interest income and robust commercial performance in insurance and commission income. Customer deposits saw significant growth, particularly in Belgium, following the maturity of a government bond. The company maintains strong solvency and liquidity, with digital sales of banking and insurance products continuing to rise.

For further insights into GB:0EYG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskBlackRock Acquires 4.37% Stake in KBC Group
TheFlyKBC Group price target raised to EUR 85 from EUR 83 at Morgan Stanley
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App