KBC Group (OTCMKTS:KBCSY) Stock Price Up 1.5%

KBC Group NV (OTCMKTS:KBCSY)’s stock price rose 1.5% on Monday . The company traded as high as $37.35 and last traded at $37.28. Approximately 13,728 shares changed hands during trading, a decline of 59% from the average daily volume of 33,641 shares. The stock had previously closed at $36.74.

KBC Group Stock Up 1.5 %

The business has a 50-day moving average price of $36.19 and a two-hundred day moving average price of $35.69. The company has a market capitalization of $31.11 billion, a price-to-earnings ratio of 9.61, a price-to-earnings-growth ratio of 1.20 and a beta of 1.18.

KBC Group (OTCMKTS:KBCSY) last issued its earnings results on Thursday, May 16th. The company reported $0.64 earnings per share for the quarter. The company had revenue of $2.94 billion for the quarter. KBC Group had a return on equity of 12.67% and a net margin of 11.68%. On average, sell-side analysts anticipate that KBC Group NV will post 5.7 EPS for the current fiscal year.

KBC Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 13th. Investors of record on Tuesday, May 28th were given a $0.2337 dividend. The ex-dividend date of this dividend was Friday, May 24th. KBC Group’s payout ratio is currently 44.07%.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.