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The latest update is out from KBC Group SA/NV ( (GB:0EYG) ).
KBC Group reported a strong net profit of 1,116 million euros for the fourth quarter of 2024, driven by increased net interest income, insurance activities, and net commission income, though partially offset by lower trading revenues. The company maintained excellent solvency and liquidity positions and received an A rating from the CDP for climate communication. A proposed dividend of 4.85 euros per share reflects a robust distribution strategy, and KBC’s updated 2025 forecasts include targeted revenue growth and controlled expenses, showcasing its strategic focus on sustainability and operational excellence.
More about KBC Group SA/NV
KBC Group SA/NV is a prominent player in the financial services industry, primarily operating in bancassurance, which integrates banking and insurance services. The company focuses on offering a comprehensive range of financial products, including loans, deposits, asset management, and insurance, across its key markets in Belgium, the Czech Republic, and other international markets.
YTD Price Performance: 2.01%
Average Trading Volume: 293,371
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €31.78B
For detailed information about 0EYG stock, go to TipRanks’ Stock Analysis page.