In the securities industry, there are many listed securities companies that are both stock brokers and stocks. The top five brokerage firms by trust commission are Mirae Asset Daewoo (11.75%), Samsung Securities (10.75%), NH Investment & Securities (9.58%), KB Securities (9.40%), and Korea Financial Group, which controls Korea Investment & Securities. (7.71%) followed by
Pay attention to stocks
The stock market is booming due to the financial tech craze. As the so-called Donghak Ant craze continued, the daily average trading value reached 65 trillion won on January 11, when the KOSPI recorded an all-time high of 3266.23. As if reflecting this, most securities firms are holding record-high quarterly earnings festivities. In the third quarter of last year, Kiwoom Securities’ operating profit soared by more than 300% compared to the same period last year. 국민은행 빠른조회
Interest rate hike issues to consider when investing in securities stocks
As the government tightens regulations on real estate loans, the ‘money move’ to the stock market is expected to accelerate. 이베이스매뉴얼
In fact, other assets such as funds, real estate, and deposits are being incorporated into stocks. At least until this year, not only brokerage, but also IB (investment banking) and asset management are expected to continue booming in general. However, we should not forget that if the market interest rate continues to rise, the possibility of a slight slowdown in the money move to the stock market cannot be ruled out.
Korea Financial Group pays attention
From an investment perspective, it is necessary to pay special attention to undervalued stocks among securities stocks, which are mostly beneficiaries. Korea Financial Group is one of them, with an expected ROE of 14%, which is analyzed to be the most undervalued in the securities industry.
Currently, the stock price of Korea Financial Group is in the low range of 60,000 won, down more than 40% from its 52-week high of 113,000 won.
Korea Financial Group is attractive as a dividend stock to the extent that it has maintained a dividend payout ratio of 20% every year. That’s why the stock market isn’t as good as it is now, so let’s pay attention to it because you can have a stable portfolio
Bank-related stocks, consider interest rates and interest margins
In the domestic banking industry, the four major financial holding companies, KB Financial Group (KB Kookmin Bank), Shinhan Financial Group (Shinhan Bank), Woori Financial Group (Woori Bank), Hana Financial Group (KEB Hana Bank),
IBK, a special bank, is taking the lead, and regional financial holdings in Yeonghonam are BNK Financial Group (Busan Bank, Kyongnam Bank), DGB Financial Group (Daegu Bank), JB Financial Group (Gwangju Bank, Jeonbuk Bank) and Jeju Bank. This is exhausted.
Points when investing in bank stocks
When investing in bank stocks, you need to pay close attention to interest rates, loans, and net interest margin (NIM). For banks, the lower the market interest rate, the lower the net interest margin, but the lower the interest rate, the higher the loan amount, the higher the interest income.
Good outlook for banking stocks this year after last year
Bank stocks, which were relatively marginalized during the stock market rally last year, are expected to recover this year thanks to higher interest rates and higher interest income following the economic recovery. Bank stocks should pay attention to the fact that each bank prepares a provision for bad debt in advance, so the bad debt burden is not large this year, and the dividend yield is high as a dividend stock.
KB Kookmin Bank stock price recommendation
From an investment point of view, we recommend KB Financial (KB Kookmin Bank). If NIM stabilizes throughout the banking industry, KB Kookmin Bank, the No. 1 bank in net interest income, is expected to show the most remarkable earnings growth.
Among banks, self-employed loans take the most, but asset quality is expected to be good as the proportion of collateral is relatively high. JB Financial Group, which controls Kwangju Bank and Jeonbuk Bank, is also worth noting. We expect net interest income to rebound as NIM recovers rapidly. Another investment point is that the stock price is too undervalued compared to its earnings.