Industrial Bank of Korea (024110.KS) stock analysis

In our weekly check, Industrial Bank of Korea is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 0, red flags: 8.

About Industrial Bank of Korea

Industrial Bank of Korea is a Financial Services company (Banks - Regional) based in South Korea, listed on KSC as 024110.KS.

What our checks show for 024110.KS

Red flags

• Analysts expect the net margin to shrink by 43 points from today's 74.2%.
• Revenue fell 36.3% a year over the last 3 years.
• The dividend takes 41757% of profit: little cushion if profit falls.
• The stock has fallen as much as 76% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 16.3 years.
• Return on capital (ROCE) is only 1%.

Strengths

• The net margin rose by 51.2 points over 5 years, to 74.2%.
• The gross margin is 100% and has risen by 24.4 points: pricing power is holding.
• Operating cash flow is 1.39x net profit: the profit arrives as real cash.
• Analysts expect revenue to grow about 38.2% a year over the next years.
• The company keeps 74.2% of its revenue as net profit.
• Free cash flow is 98.1% of revenue: cash for dividends, buybacks or growth.

Similar companies

BCI.SN · OTP.BD · 7182.T · 316140.KS · 323410.KS · SBIN.NS

Questions

What grade does Industrial Bank of Korea (024110.KS) have?

In our weekly check, Industrial Bank of Korea is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 0, red flags: 8. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 024110.KS stock?

This week's biggest flags for Industrial Bank of Korea: Margins expected to shrink, Weak revenue growth, Dividend stretched. In total 8 of 25 checks show a warning or a red flag.

What does Industrial Bank of Korea do?

Industrial Bank of Korea is a Financial Services company (Banks - Regional) based in South Korea, listed on KSC as 024110.KS.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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