KBC Group (OTCMKTS:KBCSY) Posts Earnings Results, Beats Expectations By $0.05 EPS

KBC Group (OTCMKTS:KBCSY) released its quarterly earnings data on Thursday. The company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.05, Zacks reports. KBC Group had a net margin of 14.98% and a return on equity of 13.15%.

KBC Group Stock Down 0.4%

KBCSY traded down $0.33 during trading on Thursday, hitting $73.20. The company had a trading volume of 157,386 shares, compared to its average volume of 31,719. The company has a market capitalization of $61.15 billion, a PE ratio of 14.52, a PEG ratio of 0.94 and a beta of 0.59. KBC Group has a one year low of $56.86 and a one year high of $73.81. The firm’s 50-day moving average price is $68.20 and its 200 day moving average price is $66.96.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of KBC Group in a report on Monday, July 20th. Citigroup reiterated a “neutral” rating on shares of KBC Group in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About KBC Group

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.