UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2016
Commission File Number: 000-53445
KB Financial Group Inc.
(Translation of registrant’s name into English)
84, Namdaemoon-ro, Jung-gu, Seoul 100-703, Korea
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A.
2016 First Quarter Preliminary Operating Results
On April 21, 2016, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for the first quarter of fiscal year 2016. The following tables reflect the key figures released during the conference. The presentation materials for the conference, which contain further details, are available at KB Financial Group’s website (http://www.kbfg.com).
The preliminary figures presented herein are based on the International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) and are currently being reviewed by our independent auditors and are subject to change.
| 1. | Operating Results of KB Financial Group (Consolidated) |
| (Won in millions, %) |
1Q 2016 | 4Q 2015 | % Change Increase (Decrease) (Q to Q) |
1Q 2015 | % Change Increase (Decrease) (Y to Y) |
|||||||||||||||||
| Operating revenue* |
Specified Quarter | 7,007,490 | 4,609,307 | 52.03 | 5,250,370 | 33.47 | ||||||||||||||||
| Cumulative | 7,007,490 | 22,233,276 | — | 5,250,370 | 33.47 | |||||||||||||||||
| Net operating profit |
Specified Quarter | 667,907 | 346,009 | 93.03 | 535,893 | 24.63 | ||||||||||||||||
| Cumulative | 667,907 | 1,821,134 | — | 535,893 | 24.63 | |||||||||||||||||
| Profit before income tax |
Specified Quarter | 719,807 | 429,990 | 67.40 | 741,719 | -2.95 | ||||||||||||||||
| Cumulative | 719,807 | 2,164,695 | — | 741,719 | -2.95 | |||||||||||||||||
| Profit for the period |
Specified Quarter | 554,234 | 351,701 | 57.59 | 613,155 | -9.61 | ||||||||||||||||
| Cumulative | 554,234 | 1,727,306 | — | 613,155 | -9.61 | |||||||||||||||||
| Profit attributable to shareholders of the parent company |
Specified Quarter | 545,004 | 347,125 | 57.01 | 604,965 | -9.91 | ||||||||||||||||
| Cumulative | 545,004 | 1,698,318 | — | 604,965 | -9.91 | |||||||||||||||||
| * | Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income. |
| 2. | Operating Results of Kookmin Bank (Consolidated) |
| (Won in millions, %) |
1Q 2016 | 4Q 2015 | % Change Increase (Decrease) (Q to Q) |
1Q 2015 | % Change Increase (Decrease) (Y to Y) |
|||||||||||||||||
| Operating revenue* |
Specified Quarter | 5,404,012 | 3,268,372 | 65.34 | 3,840,230 | 40.72 | ||||||||||||||||
| Cumulative | 5,404,012 | 16,367,176 | — | 3,840,230 | 40.72 | |||||||||||||||||
| Net operating profit |
Specified Quarter | 475,592 | 233,047 | 104.08 | 347,249 | 36.96 | ||||||||||||||||
| Cumulative | 475,592 | 1,179,981 | — | 347,249 | 36.96 | |||||||||||||||||
| Profit before income tax |
Specified Quarter | 501,465 | 195,752 | 156.17 | 554,601 | -9.58 | ||||||||||||||||
| Cumulative | 501,465 | 1,381,229 | — | 554,601 | -9.58 | |||||||||||||||||
| Profit for the period |
Specified Quarter | 387,249 | 143,434 | 169.98 | 476,192 | -18.68 | ||||||||||||||||
| Cumulative | 387,249 | 1,107,238 | — | 476,192 | -18.68 | |||||||||||||||||
| Profit attributable to shareholders of the parent company |
Specified Quarter | 387,249 | 143,434 | 169.98 | 476,192 | -18.68 | ||||||||||||||||
| Cumulative | 387,249 | 1,107,238 | — | 476,192 | -18.68 | |||||||||||||||||
| * | Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| KB Financial Group Inc. | ||||
| (Registrant) | ||||
| Date: April 21, 2016 |
By: /s/ Jungsoo Huh | |||
| (Signature) | ||||
| Name: Jungsoo Huh | ||||
| Title: Senior Managing Director | ||||