Springback is one of the major defects that continuously concerns the sheet metal experts’ community. It is has long been known that the sheet thickness, the bending angle and the yield stress of the material primarily affect the angle change after the tools’ release. Besides, the consideration of the kinematic hardening (KH) model has powerful influence on the modelling results, too. In this study, we overviewed several possible factors on the springback with finite element modeling of a simple V-die bending operation, highlighting the effect of the material variables on the final shape. AutoForm® R7 software and the built-in theory of kinematic hardening were used for the material characterization, coupled with the Hockett-Sherby isotropic hardening rule as well as the Yld89 yield criterion. The material data for modeling kinematic hardening behavior were obtained by cyclic tension-compression tests, whilst the isotropic hardening and the yield surface parameters were acquired by simple uniaxial tension tests. The simulation results were compared to the experimental springback observations obtained by a CNC bending machine, without using springback compensation. A detailed parametric study was also carried out to highlight the level of criticality of the applied material variables on the final angle change.