Form 6-K

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 October 2022

Commission File Number: 000-53445

KB Financial Group Inc.

(Translation of registrant’s name into English)

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, 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 ☒ 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): ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

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): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

2022 Third Quarter Preliminary Operating Results

On October 25, 2022, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for the third quarter of fiscal year 2022. 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 International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) and are currently being reviewed by KB Financial Group’s independent auditors and are subject to change.

1.	Preliminary Operating Results of KB Financial Group (Consolidated)


(Won in millions, %)		3Q 2022		2Q 2022		% Change Increase (Decrease) (Q to Q)			3Q 2021		% Change Increase (Decrease) (Y to Y)
Operating revenue	Specified Quarter		32,749,545		25,720,833		27.33			16,473,222		98.80
Operating revenue	Cumulative		79,132,819		46,383,274		—			46,299,304		70.92
Net operating profit	Specified Quarter		1,598,925		1,600,181		(0.08	)		1,787,503		(10.55	)
Net operating profit	Cumulative		5,100,928		3,502,003		—			5,208,077		(2.06	)
Profit before income tax	Specified Quarter		1,711,979		1,792,045		(4.47	)		1,783,074		(3.99	)
Profit before income tax	Cumulative		5,413,411		3,701,432		—			5,236,422		3.38
Profit for the period	Specified Quarter		1,263,574		1,308,003		(3.40	)		1,305,668		(3.22	)
Profit for the period	Cumulative		4,035,679		2,772,105		—			3,798,251		6.25
Profit attributable to shareholders of the parent company	Specified Quarter		1,271,339		1,303,469		(2.46	)		1,298,124		(2.06	)
	Cumulative		4,027,948		2,756,609		—			3,772,415		6.77

Note: 1)

“Operating revenue” represents the sum of interest income, fee and commission income, insurance income, gain on financial assets/liabilities at fair value through profit or loss and other operating income.

2.	Preliminary Operating Results of Kookmin Bank (Consolidated)


(Won in millions, %)		3Q 2022		2Q 2022		% Change Increase (Decrease) (Q to Q)		3Q 2021		% Change Increase (Decrease) (Y to Y)
Operating revenue	Specified Quarter		20,781,338		14,947,647		39.03		8,319,248		149.80
Operating revenue	Cumulative		45,658,890		24,877,552		—		21,409,978		113.26
Net operating profit	Specified Quarter		1,087,614		995,912		9.21		1,031,923		5.40
Net operating profit	Cumulative		3,295,222		2,207,608		—		3,008,370		9.54
Profit before income tax	Specified Quarter		1,083,421		1,015,435		6.70		1,030,331		5.15
Profit before income tax	Cumulative		3,314,297		2,230,876		—		3,005,713		10.27
Profit for the period	Specified Quarter		796,711		749,928		6.24		771,391		3.28
Profit for the period	Cumulative		2,521,165		1,724,454		—		2,199,575		14.62
Profit attributable to shareholders of the parent company	Specified Quarter		824,131		749,165		10.01		777,672		5.97
	Cumulative		2,550,571		1,726,440		—		2,200,320		15.92

Note:

“Operating revenue” 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.

3.	Preliminary Operating Results of KB Securities Co., Ltd. (“KB Securities”) (Consolidated)


(Won in millions, %)		3Q 2022		2Q 2022		% Change Increase (Decrease) (Q to Q)		3Q 2021		% Change Increase (Decrease) (Y to Y)
Operating revenue	Specified Quarter		4,955,498		4,462,334		11.05		2,197,748		125.48
Operating revenue	Cumulative		13,947,049		8,991,551		—		6,923,518		101.44
Net operating profit (loss)	Specified Quarter		112,776		85,388		32.07		236,147		(52.24	)
Net operating profit (loss)	Cumulative		349,277		236,501		—		729,511		(52.12	)
Profit (Loss) before income tax	Specified Quarter		166,272		89,785		85.19		233,624		(28.83	)
Profit (Loss) before income tax	Cumulative		418,024		251,752		—		748,065		(44.12	)
Profit (Loss) for the period	Specified Quarter		123,051		70,191		75.31		170,237		(27.72	)
Profit (Loss) for the period	Cumulative		309,153		186,102		—		547,448		(43.53	)
Profit (Loss) attributable to shareholders of the parent company	Specified Quarter		122,651		70,006		75.20		170,286		(27.97	)
	Cumulative		308,371		185,720		—		547,517		(43.68	)

Notes: 1)

Based on KB Securities’ consolidated financial statements, as a result of which the figures differ from KB Securities’ earnings results to be released at KB Financial Group’s 2022 third quarter earnings conference, which are based on KB Financial Group’s consolidated financial statements.

2) “Operating revenue” represents operating income based on KB Securities’ financial statements.

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: October 25, 2022	By:	/s/ Scott Y. H. Seo
	(Signature)

	Name:	Scott Y. H. Seo
	Title:	Senior Managing Director and Chief Finance Officer