Loading…
Korea's first internet-only bank, offering mobile-only deposit, loan and card products, backed by KT and other investors.
Korea's first internet-only bank, offering mobile-only deposit, loan and card products, backed by KT and other investors.
Earns mostly from the gap between what it pays on deposits and charges on loans, with fees a small part. BC Card, a company of the KT telecom group, is its largest shareholder, and the business is built around a mobile app with no branches.
Moat: narrow (cost advantage, network effects). Branchless digital model gives lower cost-to-serve than incumbents, though it competes with Kakao Bank/Toss Bank.
Headquarters: Seoul, South Korea · Founded: 2017 · Employees: 635
Size K Bank (279570.KS) is a South Korea Financials company (Regional Banks) with a market value of $1.53B, the 164th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩5,130 on 6 Nov 2026.
Performance Over six months the shares fell 17.5%, against +1.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 0.3% over the last twelve months (peer median +7.5%); the operating margin is 8.5% (peer median 35.4%).
Valuation It trades at 0.93× book value against a peer median of 0.96× (11th cheapest of 21).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩1.34T | ₩1.33T | ₩1.23T | ₩946B | ₩558B |
| Revenue growth | — | +8% | +30% | +70% | — |
| Net income | ₩111B | ₩113B | ₩128B | ₩12.8B | ₩83.6B |
| Free cash flow | n/a | ₩596B | ₩1.84T | -₩523B | ₩357B |
| Capital expenditure | n/a | ₩57.7B | ₩28.5B | ₩24.3B | ₩21.5B |
| Total debt | n/a | ₩726B | ₩20.8B | ₩20.5B | ₩21.9B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| K Bank 279570.KS | $1.53B | -18% | 0% | 6% | 0.93× | 5.3% |
| KakaoBank 323410.KS | $7.28B | -15% | +6% | 7% | 1.46× | 8.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 279570.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.3% | -0.6% | 6th lowest of 21 |
| 6-month return | -17.5% | +1.5% | 2nd lowest of 21 |
| Return on equity | 5.5% | 10.4% | 4th lowest of 21 |
| Price / book | 0.93× | 0.96× | 11th cheapest of 21 |
| ROE the price implies | 5.3% | 8.1% | 7th least demanding of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| K Bank 279570.KS | South Korea | $1.53B | -18% | 0% | 6% | 0.93× | 5.3% | n/a |
| Bank of Tianjin 1578.HK | Hong Kong | $1.52B | -22% | -4% | 5% | 0.14× | 3.3% | 5.2% |
| Yibin City Commercial Bank 2596.HK | Hong Kong | $1.55B | +2% | +6% | 6% | 0.91× | 5.1% | 5.5% |
| Lakeland Financial LKFN | United States | $1.51B | -1% | +2% | 15% | 2.07× | 14.8% | 15.4% |
| Jiangsu Suzhou Rural Commercial Bank 603323.SS | China | $1.50B | -1% | -7% | 11% | 0.49× | 2.3% | 10.7% |
| Live Oak Bancshares LOB | United States | $1.57B | -10% | +9% | 11% | 1.30× | 17.1% | 11.1% |
| Keiyo Bank 8544.T | Japan | $1.58B | -1% | +19% | 6% | 0.78× | 6.9% | 5.7% |
| Republic Bancorp RBCAA | United States | $1.59B | +17% | -2% | 12% | 1.52× | 10.1% | 11.5% |
| Amalgamated Financial AMAL | United States | $1.47B | +18% | +12% | 15% | 1.77× | 13.0% | 15.3% |
| Zhejiang Shaoxing Ruifeng Rural Commercial Bank 601528.SS | China | $1.60B | +4% | -8% | 10% | 0.51× | 3.4% | 9.9% |
| Musashino Bank 8336.T | Japan | $1.47B | -3% | +31% | 6% | 0.82× | 6.0% | 5.8% |
| Jiangsu Zhangjiagang Rural Commercial Bank 002839.SZ | China | $1.61B | -4% | -10% | 11% | 0.54× | 2.6% | 10.6% |
| CCI 7381.T | Japan | $1.44B | +7% | +49% | 7% | 0.83× | 4.1% | 7.1% |
| National Bank NBHC | United States | $1.63B | -14% | +14% | 4% | 1.01× | 9.0% | 3.6% |
| ConnectOne Bancorp CNOB | United States | $1.63B | +8% | +24% | 10% | 1.10× | 10.7% | 9.6% |
| Jammu & Kashmir Bank J&KBANK.NS | India | $1.44B | -12% | +6% | 15% | 0.77× | 12.1% | 14.5% |
| Bank First BFC | United States | $1.64B | +1% | +33% | 12% | 1.98× | 10.9% | 11.9% |
| Origin Bancorp OBK | United States | $1.64B | +14% | +5% | 10% | 1.29× | 10.1% | 10.4% |
| Tompkins Financial TMP | United States | $1.43B | +16% | -15% | 21% | 1.52× | 11.5% | 20.9% |
| Nanto Bank 8367.T | Japan | $1.65B | +7% | +13% | 6% | 0.81× | 5.9% | 6.1% |
| Burke Herbert Financial Services BHRB | United States | $1.41B | +10% | +14% | 10% | 1.23× | 7.1% | 10.5% |