5 Best-Performing Bank Stocks In 2024

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1. KB Financial Group Inc. (NYSE:KB)

Number of Hedge Fund Holders: 12

Share Price Performance as of February 10: 24.05%

KB Financial Group Inc. (NYSE:KB) provides a wide range of banking and financial services to consumers and corporations in South Korea and internationally. The company operates through seven segments, including Retail Banking, Corporate Banking, Credit Card, Securities, Life Insurance, and Non-Life Insurance. It is one of the best-performing bank stocks to invest in 2024. On February 7, KB Financial Group Inc. (NYSE:KB) reported a net profit of WON 4,631.9 billion and a revenue of WON 12141.7 billion for fiscal year 2023. Revenue for the year increased 5.4% on a year-over-year basis.

According to Insider Monkey’s third quarter database, 12 hedge funds were long KB Financial Group Inc. (NYSE:KB), compared to 11 funds in the prior quarter. Ken Fisher’s Fisher Asset Management is the largest stakeholder of the company, with 1 million shares worth $41.4 million.

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