KB Financial Group, Inc. vs Remitly Global Inc — how do they compare? KB Financial Group, Inc. trades at $115.25 (market cap $38.56B), while Remitly Global Inc trades at $23.58 (market cap $5.02B). The key difference: KB Financial Group, Inc. is far larger — about 7.7× Remitly Global Inc's market cap, and KB Financial Group, Inc. pays a 2.72% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| KB | RELY | |
|---|---|---|
Market Cap | $38.56B | $5.02B |
Sector | Financials | Technology |
52-Week High | $123.25 | $25.23 |
52-Week Low | $77.50 | $12.20 |
Dividend Yield | 2.72% | — |
Enterprise Value | — | $4.41B |
Trailing returns across standard periods
KB Financial is the parent company of KB Kookmin Bank, Korea's largest commercial bank, with a 13.1% share of loans as of 2021. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.
Read more on KB →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
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