KBC: High-Dividend Yield Plus Strong Fundamentals Make It A Good Long-Term Buy

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About: KBC Group NV (KBCSY)
by: Labutes IR
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Labutes IR
Long/short equity, mutual fund manager, foreign companies, banks
Summary

KBC is one of the best banks in Europe due to its large presence in profitable markets and an above-average ROE.

It also has less sensitivity to interest rates compared to peers, which is good in the current ‘lower for longer’ rates environment.

Its good fundamentals plus a high-dividend yield make KBC an attractive play right now.

KBC Group (OTCPK:KBCSY) is one of the best banks in Europe, as I’ve analyzed in the past. The bank’s strong fundamentals, unique business profile, superior capitalization and profitability plus a high-dividend yield make