KBC Group (OTCMKTS:KBCSY) Releases Earnings Results, Beats Estimates By $0.05 EPS

KBC Group (OTCMKTS:KBCSY) released its quarterly earnings data 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

Shares of OTCMKTS:KBCSY traded down $0.33 during mid-day trading on Thursday, hitting $73.20. 157,386 shares of the company traded hands, compared to its average volume of 21,884. The firm has a market cap of $61.15 billion, a P/E ratio of 14.52, a PEG ratio of 0.95 and a beta of 0.59. KBC Group has a 52-week low of $56.86 and a 52-week high of $73.81. The firm’s 50 day simple moving average is $68.20 and its 200 day simple moving average is $66.96.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on KBCSY shares. Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a report on Monday, July 20th. Citigroup reissued a “neutral” rating on shares of KBC Group in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock 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.