KBC Groupe NV (XBRU:KBC)
€ 68.64 -2.74 (-3.84%) Market Cap: 27.59 Bil Enterprise Value: 19.26 Bil PE Ratio: 8.55 PB Ratio: 1.15 GF Score: 73/100

Q3 2019 KBC Groep NV Earnings Call Transcript

Nov 14, 2019 / 08:30AM GMT
Release Date Price: €67 (+2.45%)
Operator

Good day, and welcome to the KBC Group Earnings Release 3Q 2019 Conference. (Operator Instructions). I'd like to advise all parties, this conference is being recorded. And I'd now like to hand over to Kurt De Baenst. Please go ahead.

Kurt De Baenst
KBC Group NV - General Manager, IR

Hello, good morning. A very warm welcome this morning. Today is November 14, 2019, and we are happy to host the conference call of KBC's third quarter results.

As usual, I have Johan Thijs, our group CEO with us, as well as Rik Scheerlinck, our group CFO. As a result, it's my pleasure to give Johan the floor to elaborate on the results.

Johan Thijs
KBC Group NV - Group CEO, MD & Executive Director

Dear colleagues, also from my side, a warm welcome on the announcement of the third quarter results. And as usual, I will talk you through a couple of slides. And we start also, as usual, with the key takeaways of this third quarter.

In brief, the result of the third quarter stood at EUR 612 million, which is a good

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