Brief: KBC Groep Guidance 2025: Total Income: At Least +5.5% Year-On-Year

KBC Groep NV

13/02/2025 06:06

Feb 13 (Reuters) - Kbc Groep NV  KBC.BR :
    * KBC GROEP NV - PROPOSE A TOTAL GROSS DIVIDEND OF 4.85
EUROS PER
SHARE TO THE GENERAL MEETING OF SHAREHOLDERS FOR THE ACCOUNTING
YEAR 2024
    * KBC GROEP NV - FOR 2025 AIMING TO ACHIEVE AN ANNUAL GROWTH
RATE
OF AT LEAST 5.5% FOR TOTAL INCOME AND AN ANNUAL GROWTH RATE OF
BELOW 2.5% FOR OPERATING EXPENSES EXCLUDING BANK AND INSURANCE
TAXES
    * KBC GROEP NV SAYS GUIDANCE 2025: TOTAL INCOME: AT LEAST
+5.5%
YEAR-ON-YEAR
    * KBC GROEP NV SAYS GUIDANCE 2025: NET INTEREST INCOME AT
LEAST
5.7 BILLION EUROS, SUPPORTED BY ORGANIC LOAN VOLUME GROWTH OF
APPROXIMATELY 4%
    * KBC GROEP NV SAYS GUIDANCE 2025: INSURANCE REVENUES
(BEFORE
REINSURANCE): AT LEAST +7% YEAR-ON-YEAR
    * KBC GROEP NV SAYS GUIDANCE 2025: OPERATING EXPENSES
(EXCLUDING
BANK AND INSURANCE TAXES): BELOW +2.5% YEAR-ON-YEAR
    * KBC GROEP NV SAYS GUIDANCE 2025: COMBINED RATIO: BELOW 91%
    * KBC GROEP NV SAYS GUIDANCE 2025: CREDIT COST RATIO: WELL
BELOW
THE THROUGH-THE-CYCLE CREDIT COST RATIO OF 25-30 BASIS POINTS
    * KBC GROEP NV SAYS MEDIUM-LONG TERM GUIDANCE: CAGR TOTAL
INCOME
(2024-2027): AT LEAST +6%
    * KBC GROEP NV SAYS MEDIUM-LONG TERM GUIDANCE: CAGR NET
INTEREST
INCOME (2024-2027) AT LEAST +5%
    * KBC GROEP NV SAYS MEDIUM-LONG TERM GUIDANCE: CAGR
INSURANCE
REVENUES (BEFORE REINSURANCE): AT LEAST +7%
    * KBC GROEP NV SAYS MEDIUM-LONG TERM GUIDANCE: CAGR
OPERATING
EXPENSES (EXCLUDING BANK AND INSURANCE TAXES) (2024-2027): BELOW
+3%
    * KBC GROEP NV SAYS MEDIUM-LONG TERM GUIDANCE: COMBINED
RATIO:
BELOW 91%
    * KBC GROEP NV SAYS MEDIUM-LONG TERM GUIDANCE: CREDIT COST
RATIO:
WELL BELOW THE THROUGH-THE-CYCLE CREDIT COST RATIO OF 25-30
BASIS POINTS
    * KBC GROEP NV SAYS UPDATED DIVIDEND POLICY AND CAPITAL
DEPLOYMENT
PLAN WILL BE PUBLISHED ALONG RESULTS FOR FIRST QUARTER OF 2025

Source text:  ID:nGNE39Qp36 
Further company coverage:  KBC.BR 

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