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KBC Groep NV

KBC.BR

Latest Trade

80.28EUR

Change

0.18(+0.22%)

Volume

252,294

Today's Range

79.18

 - 

80.46

52 Week Range

40.88

 - 

81.16

As of on the Euronext Brussels ∙ Minimum 15 minute delay

Latest Developments

KBC Sells Its Performing Loan Assets And Liabilities To Bank Of Ireland Group

Oct 22 (Reuters) - KBC Groep NV <KBC.BR>::KBC BANK IRELAND CONFIRMS SALE OF SUBSTANTIALLY ALL OF ITS PERFORMING LOAN ASSETS AND LIABILITIES TO BANK OF IRELAND GROUP.NO IMMEDIATE ACTIONS FOR CUSTOMERS.OPERATION FOR A TOTAL CONSIDERATION OF C.€5.0 BILLION (NET OF DEPOSITS).OPERATION INVOLVES C.€ 8.8 BILLION OF PERFORMING MORTGAGES, C.€ 0.1 BILLION OF MAINLY PERFORMING COMMERCIAL AND CONSUMER LOANS.OPERATION INVOLVES C.€ 0.3 BILLION OF NON-PERFORMING MORTGAGES, C. € 4.4 BILLION OF DEPOSITS.BANK OF IRELAND GROUP WILL ACQUIRE THE PORTFOLIO AND WILL FUND IT FROM ITS EXISTING RESOURCES.THE TRANSACTION WILL HAVE AN IMPACT ON KBC GROUP’S P&L WHICH IS ESTIMATED AT +0.2 BILLION EUROS AT COMPLETION.THE TRANSACTION WOULD ULTIMATELY RESULT IN KBC GROUP’S WITHDRAWAL FROM THE IRISH MARKET.WITHDRAWAL FROM IRISH MARKET WILL ALSO TRIGGER A P&L IMPACT IN 3Q21 OF AN ESTIMATED -0.2 BILLION EUROS.TRANSACTION IMPROVES KBC’S SOLID CAPITAL POSITION ON COMPLETION OF THE TRANSACTION (EXPECTED IN 3Q22), WITH A POSITIVE IMPACT OF +0.9% PT. ON THE CET1 RATIO.TRANSACTION REDUCES RISK-WEIGHTED ASSETS BY C.5 BILLION EUROS UPON COMPLETION AND FURTHER 1 BILLION THEREAFTER.Further company coverage: KBC.BR. (Gdansk Newsroom). ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;)).

KBC Partners With Personetics

Oct 5 (Reuters) - PERSONETICS: :KBC PARTNERS <<<KBC.BR>>> WITH PERSONETICS TO BOOST DIGITAL CUSTOMER ENGAGEMENT AND FINANCIAL WELLNESS.

KBC Bank Ireland Sells Non-Performing Mortgage Loan Portfolio

Aug 30 (Reuters) - KBC GROEP NV <KBC.BR>::KBC BANK IRELAND SELLS SUBSTANTIALLY ALL OF ITS REMAINING NON-PERFORMING MORTGAGE LOAN PORTFOLIO.NO IMMEDIATE CHANGES OR ACTIONS FOR CUSTOMERS.TRANSACTION IS MARGINALLY CAPITAL ACCRETIVE WITH A COMBINED IMPACT (P&L AND RWA) ON PRO-FORMA 2Q21 CET1 RATIO OF KBC GROUP OF APPROXIMATELY 2BPS.IT WILL HAVE AN IMPACT ON KBC GROUP'S P&L, ALMOST FULLY BOOKED IN 3Q21, WHICH IS ESTIMATED AT -0.1 BILLION EUROS.RISK-WEIGHTED ASSETS DECREASE BY 0.8 BILLION EUROS.KBC BANK IRELAND CAN NOW CONFIRM IT HAS REACHED AGREEMENT TO DISPOSE OF A NON-PERFORMING MORTGAGE LOAN PORTFOLIO OF ROUGHLY 1.1 BILLION EUROS.

KBC Ancora FY Profit At 529.7 Million Euros

Aug 27 (Reuters) - KBC ANCORA BV <KBCA.BR>::CLOSES FINANCIAL YEAR 2020/2021 WITH A PROFIT OF EUR 529.7 MILLION, INCLUDING RECURRING PROFIT OF EUR 18.0 MILLION.H2 PROFIT AFTER TAX 537.8 MILLION EUR.H2 EARNINGS PER SHARE 6.87 EUR.CASH POSITION AS AT 30 JUNE 2021 STOOD AT EUR 64.3 MLN.PROPOSED GROSS INTERIM DIVIDEND EUR 0.20 PER SHARE.PROPOSED Q4 OF 2021 ADDITIONAL GROSS DIVIDEND EUR 2.00 PER SHARE.PROPOSED FY 2021 INTERIM DIVIDEND EUR 1.00 PER SHARE.FY OPERATING INCOME EUR 53,000 VS EUR 45,000 YR AGO.FY INCOME EUR 545.9 MLN VS EUR 77.6 MLN YR AGO.DURING 2021/2022, KBC ANCORA WILL MAKE THE NECESSARY PREPARATIONS AND TAKE THE REQUISITE DECISIONS IN THE CONTEXT OF THE LOANS TOTALLING EUR 100 MILLION WHICH MATURE IN MAY 2022.

Keybridge Capital Ltd - Keybridge Bid For Rny Closed-KBC.Ax

Keybridge Capital Ltd <KBC.AX>::KEYBRIDGE CAPITAL LTD - KEYBRIDGE BID FOR RNY CLOSED-KBC.AX.KEYBRIDGE CAPITAL LTD - KEYBRIDGE NOW HOLDS 27.7% OF ORDINARY UNITS IN RNY PROPERTY TRUST.

KBC Posts Q2 Net Result of EUR 793 Bln, Ups FY Guidance

Aug 5 (Reuters) - KBC Groep NV <KBC.BR>::SECOND-QUARTER RESULT OF 793 MILLION EUROS.Q2 NET RESULT EUR 793 MILLION VERSUS EUR 739 MILLION IN COMPANY-PROVIDED CONSENSUS.MARKET OUTLOOK: EUROPEAN ECONOMIC ACTIVITY IS LIKELY TO RETURN TO ITS PRE-PANDEMIC LEVEL IN EARLY-2022.Q2 NET INTEREST INCOME EUR 1.09 BILLION VERSUS EUR 1.08 BILLION IN COMPANY-PROVIDED CONSENSUS.MARKET OUTLOOK: EUROPEAN ECONOMIC GROWTH IS EXPECTED TO ACCELERATE IN THE SECOND HALF OF 2021.TOTAL INCOME EUR 1.85 BILLION VERSUS EUR 1.85 BILLION IN COMPANY-PROVIDED CONSENSUS.WE ARE INCREASING OUR FULL YEAR 2021 GUIDANCE FROM 4.3 BILLION EUROS TO APPROXIMATELY 4.4 BILLION EUROS.OPERATING EXPENSES EXCLUDING BANK TAXES: OUR 2021 FULL YEAR GUIDANCE REMAINS UNCHANGED.THE FULL YEAR 2021 CCR IS EXPECTED TO BE AROUND 0 BASIS POINTS.END-Q2 LIQUIDITY POSITION REMAINED STRONG, WITH AN LCR OF 166% AND NSFR OF 152%.FLOODS IN BELGIUM: THIS WILL HAVE A NEGATIVE IMPACT ON KBC IN THE THIRD QUARTER 2021.FLOODS IN BELGIUM: TRUE EXTENT OF HUMAN LOSS AND MATERIAL DAMAGE CAUSED WILL BECOME CLEAR IN THE COMING WEEKS.FLOODS IN BELGIUM: FIRST ESTIMATED IMPACT AFTER REINSURANCE (BEFORE TAX) IS AROUND -41 MILLION EUROS (UNDER CURRENT LEGISLATION).COST/INCOME RATIO FOR THE GROUP CAME TO 61% FOR THE FIRST SIX MONTHS OF 2021.INTENTION OF OUR BOARD OF DIRECTORS TO DISTRIBUTE, IN NOVEMBER 2021 ADDITIONAL GROSS DIVIDEND OF 2 EUROS PER SHARE FOR 2020.

KBC Group Q1 Net Profit At EUR 557 Mln Beats Poll

May 11 (Reuters) - KBC Groep NV <KBC.BR>::FIRST-QUARTER RESULT OF 557 MILLION EUROS.SEES FULL-YEAR 2021 NET INTEREST INCOME: IN THE REGION OF 4.3 BILLION EUROS.SEES FULL-YEAR 2021 OPERATING EXPENSES EXCLUDING BANK TAXES: INCREASE OF APPROXIMATELY 2% YEAR-ON-YEAR ON A LIKE-FOR-LIKE BASIS.SEES FULL-YEAR 2021 CREDIT COST RATIO: EXPECTED TO BE IN LINE WITH THE LOW END OF OUR AVERAGE THROUGH-THE-CYCLE CREDIT COST RATIO.Q1 NET INTEREST INCOME EUR 1.07 BILLION VERSUS EUR 1.20 BILLION YEAR AGO.Q1 NON-LIFE INSURANCE EUR 238 MILLION VERSUS EUR 185 MILLION YEAR AGO.Q1 LIFE INSURANCE EUR 12 MILLION VERSUS EUR 0 YEAR AGO.Q1 TOTAL INCOME EUR 1.93 BILLION VERSUS EUR 1.48 BILLION YEAR AGO.Q1 NET PROFIT AFTER TAX EUR 557 MILLION VERSUS LOSS EUR 5 MILLION YEAR AGO.Q1 LCR OF 157% AND NSFR OF 148%.Q1 CREDIT COST RATIO AMOUNTED TO -0.17%, COMPARED TO 0.60% FOR FULL-YEAR 2020.INTENTION TO DISTRIBUTE AN ADDITIONAL GROSS DIVIDEND OF 2 EUROS PER SHARE IN Q4 OF 2021 FOR 2020.IN Q1 OUR SOLVENCY POSITION REMAINED VERY STRONG WITH A COMMON EQUITY RATIO OF 17.6% ON A FULLY LOADED BASIS.EXPECTS EUROPEAN GROWTH TO ACCELERATE IN THE SECOND HALF OF 2021.EXPECTS LEVEL OF EUROPEAN ECONOMIC ACTIVITY TO RETURN TO ITS PRE-PANDEMIC LEVEL IN THE COURSE OF 2022.WE EXPECT BOTH THE FEDERAL RESERVE AND THE ECB TO KEEP THEIR POLICY RATES UNCHANGED FOR AN EXTENDED PERIOD OF TIME.AT THE END OF MARCH 2021, TOTAL EQUITY AMOUNTED TO 22.3 BILLION EUROS.

KBC Ireland, Bank Of Ireland Sign MoU On Performing Loan Assets, Liabilities

April 16 (Reuters) - KBC Groep NV <KBC.BR>::REG-KBC GROUP: KBC BANK IRELAND ENTERS INTO A MEMORANDUM OF UNDERSTANDING WITH BANK OF IRELAND GROUP.POTENTIAL FOR BANK OF IRELAND COMMITTING TO ACQUIRE SUBSTANTIALLY ALL OF KBC BANK IRELAND'S PERFORMING LOAN ASSETS AND LIABILITIES.KBC BANK IRELAND'S REMAINING NON-PERFORMING MORTGAGE LOAN PORTFOLIO, WHICH IS NOT PART OF MOU, IS CURRENTLY BEING ANALYSED.KBC GROUP IS REVIEWING ITS OPTIONS TO DIVEST THIS NPL PORTFOLIO WHICH IS NOT PART OF THIS MOU.EXECUTION OF THESE TWO TRANSACTIONS WOULD ULTIMATELY RESULT IN KBC GROUP'S WITHDRAWAL FROM IRISH MARKET..THERE IS NO IMPACT ON KBC BANK IRELAND CUSTOMERS' PRODUCTS OR SERVICES AND THEY DO NOT NEED TO TAKE ANY ACTION.

KBC Groep appoints Luc Popelier As New CFO

March 16 (Reuters) - KBC Groep NV <KBC.BR>::RIK SCHEERLINCK, KBC GROUP CFO, WILL RETIRE AFTER A CAREER OF 37 YEARS WITH KBC.LUC POPELIER WILL SUCCEED RIK SCHEERLINCK AS CFO AND EXECUTIVE DIRECTOR OF KBC GROUP.

KBC's Czech Unit Csob FY2020 Net Profit Czk 8.5 Billion, Down 57% Y/Y

Feb 11 (Reuters) - KBC Groep NV <KBC.BR>::KBC'S CZECH UNIT CSOB SAYS FY2020 NET PROFIT CZK 8.5 BILLION, DOWN 57% Y/Y.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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