Trend of KBC’s stock price
Period mid-December beginning March
Gained about 6 to 7 euros
Jan 2013 Feb March
Increasing of the capital (2 billion €)
profit per share (-15%)
Jan 2013 Feb March
Improvement risk profile
Solvency
Penalty avoided: 580 million euros
Jan 2013 Feb March
Disposals Russia & Slovenia
Operation profit
Risky assets
Jan 2013 Feb March
0
0.5
1
1.5
2
2.5
3
3.5
4
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
1.52 1.641.84
2.51
3.313.78
0 00.75
0.011
Development financial crisis?
2012 2013
PEG-ratio -0,65
Dividend yield 2,48 1,14
P/E – ratio 6,60 10,40
Ups and downs
Overall: positive
Recommendation: don’t buy KBC’s share