Corporate Banking was KB Financial’s largest segment in fiscal 2023, bringing in $5,757.63B of $16,229.13B (35%).
| Segments [axis] | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|
| Corporate Banking | $3,011.80B | $3,624.18B | $4,998.07B | $5,757.63B | ||
| Retail Banking | $2,918.83B | $2,958.20B | $4,472.89B | $4,443.94B | ||
| Credit Card | $1,354.75B | $1,615.44B | $1,630.67B | $1,878.74B | ||
| Credit Card Business | — | — | — | — | ||
| Securities | $1,442.04B | $1,686.98B | $1,088.02B | $1,719.98B | ||
| Securities Business | — | — | — | — | ||
| Other Banking Services | $1,906.04B | $1,857.08B | $183.15B | $256.31B | ||
| Non-Life Insurance | $1,033.25B | $1,232.58B | $676.53B | $1,155.91B | ||
| Non Life Insurance Business | — | — | — | — | ||
| Others | $1,015.88B | $1,082.40B | $1,118.21B | $1,407.11B | ||
| Other Business | — | — | — | — | ||
| Life Insurance | $227.76B | $623.79B | -$82.41B | $203.86B | ||
| Life Insurance Business | — | — | — | — | ||
| Elimination Of Intersegment Amounts | — | — | — | — | ||
| Consolidation Adjustments | -$417.70B | -$197.04B | -$304.53B | -$594.35B | ||
| Adjustments For Reportable Segments | — | — | — | — | ||
| Total | $12,492.64B | $14,483.60B | $13,780.60B | $16,229.13B |
KB Financial brought in $16,229.13B from its nine segments in fiscal 2023, the year ended December 31, 2023. That was up 17.8% from $13,780.60B in fiscal 2022. Corporate Banking was the largest at $5,757.63B (35.5%), ahead of Retail Banking at $4,443.94B (27.4%) and Credit Card at $1,878.74B (11.6%). The other five segments brought in $4,743.17B combined.
Compared with fiscal 2022, Non-Life Insurance grew fastest, up 70.9% to $1,155.91B, while Retail Banking fell the most, down 0.6% to $4,443.94B. From fiscal 2020 to 2023, combined revenue from these segments grew from $12,492.64B to $16,229.13B, a compound annual growth rate of 9.1%. Corporate Banking's share of the total rose from 24.1% to 35.5%.
The total is net of Consolidation Adjustments, which took $594.35B off revenue in fiscal 2023.
KB Financial (KB) reports its revenue by segments [axis]. In fiscal 2023, Corporate Banking was its largest segment, bringing in $5,757.63B (35.5% of the total), followed by Retail Banking at $4,443.94B (27.4%).
Corporate Banking was KB Financial's largest segment in fiscal 2023, bringing in $5,757.63B, or 35.5% of the $16,229.13B total across its nine segments.
Among KB Financial's segments that make up at least 2% of revenue, Non-Life Insurance grew fastest in fiscal 2023, up 70.9% from $676.53B to $1,155.91B.
Every figure comes from KB Financial's annual financial filings, as reported. Each line keeps the name KB Financial gives it, and years follow its fiscal calendar.
KB Financial's revenue by segments [axis] goes back to fiscal 2018, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.