Komercni Banka, a.s. · PSECZ:KOMB
Komercni Banka, a.s — 9M 2026 Earnings Presentation
20 slides from Komercni Banka, a.s's earnings presentation, Oct 29, 2026
Slide 1: Results 9M 2026
Results 9M 2026 Inside information
Slide 2: Strong 9M 2026 business momentum and resilient financial performance, updated strategy to 2029
Komerční banka reports strong 9M 2026 business momentum and resilient financial performance, and unveils its updated strategy to 2029 “Komerční banka Group delivered strong business momentum and solid financial results for the first nine months of 2026. I am particularly pleased with the dynamic gro
Slide 3: Business performance, financial performance, capital and liquidity
Prague, 29 October 2026 – Komerční banka reported today its competition was pushing down spreads from lending and deposits. Reported net profit attributable to shareholders for 2026’s first nine unaudited consolidated results for three quarters of 2026. Net fee and commission income also increased m
Slide 4: Market environment (in third quarter 2026)
Market environment (in third quarter 2026) 1) Financial market developments during the third quarter continued slightly to 3.1% in September after standing at 3.0% in both August The latest data on residential real estate prices for the second quarter to be influenced by significant uncertainty and
Slide 5: Developments in the client portfolio and distribution networks
Developments in the client portfolio and distribution networks Number of clients 30 Sep 2025 30 Sep 2026 Change YoY KB Group customers 2,250,000 2,331,000 +81,000 KB+ users 1,460,000 1,789,000 +328,000 Distribution network KB Retail branches (CZ) 187 171 (16) KB Poradenství outlets 195 201 +6 ATMs (
Slide 6: Comments on business and financial results: Business performance
Comments on business and financial results The financial data published below are from unaudited consolidated results compiled under IFRS (International Financial Reporting Standards). Unless stated otherwise, the data are as of 30 September 2026. BUSINESS PERFORMANCE Loans to customers Lending to s
Slide 7: Financial performance
FINANCIAL PERFORMANCE Income statement such as debt capital markets, guarantees and custody services optimising operational processes and the distribution network. recorded growth. General and administrative expenses (not including contributions Komerční banka’s revenues (net operating income) reach
Slide 8: Statement of financial position
Income from shares in associated undertakings (i.e. Komerční Revaluation differences on portfolio hedge items totalled pojišťovna) was up by 9.8% year on year, at CZK 294 million, Statement of financial position CZK (1.3) billion, higher by 174.6%. Current and deferred tax assets influenced by inter
Slide 9: Regulatory capital and other regulatory requirements
Revaluation differences on portfolios hedge items were In addition to the MREL, expressed as a percentage of risk-weighted CZK (33.6) billion. Current and deferred tax liabilities ended at Regulatory capital and other assets, the Group must also fulfil the combined capital buffer. This CZK 0.8 billi
Slide 10: Expected development and main risks to that development in 2026
Expected development and main risks to that development in 2026 Note: This outlook updates and replaces the outlook presented on below the 3% deficit limit required by the Stability and Growth Pact. Thus, Komerční banka’s overall capital requirement as of 1 January 6 February 2026 on the occasion of
Slide 11: Funding requirements and 2026 expectations
requirements by taking on senior non-preferred loans from Société In this context, KB management expects the Group’s loan portfolio Given the expected acceleration in credit portfolio expansion, Générale. to grow at a high-single-digit rate in 2026. In this total, the volume of faster growth in the
Slide 12: Updated strategy to 2029
Updated strategy to 2029 The management of Komerční banka has evaluated the delivery Komerční banka will pursue growth selectively, prioritising personalised offers, increase client engagement and address of the KB2025 strategic programme and reviewed developments opportunities according to their ri
Slide 13: Revenue and cost ambitions, AI, risk management and resilience
consumption. The Bank plans to expand its investment banking AI deployment; further optimisation of the physical distribution established risk appetite; the risk appetite itself will not be increased. offering drawing on local expertise and Société Générale Group footprint; selected Société Générale
Slide 14: Principal financial targets for 2029
Principal financial targets for 2029 The principal financial targets are: ■ Profitability: Return on tangible equity of at least 16% in 2029. ■ Operating efficiency: A cost-to-income ratio below 40% in 2029, compared with 46.1% in 2025. ■ Revenue growth: Revenues in 2029 approximately 16% above the
Slide 15: ANNEX: Consolidated results as of 30 September 2026 under IFRS
ANNEX: Consolidated results as of 30 September 2026 under International Financial Reporting Standards (IFRS) Profit and Loss Statement Reported Recurring Change Change 9M 2025 9M 2026 YoY 9M 2025 9M 2026 YoY (CZK million, unaudited) Net interest income 19,310 19,700 2.0% 19,310 19,700 2.0% Net fee a
Slide 16: Statement of Financial Position
Statement of Financial Position 31 Dec 2025 30 Sep 2026 Year to date (CZK million, unaudited) Assets 1,599,579 1,835,977 14.8% Cash and current balances with central bank 91,662 94,721 3.3% Loans and advances to banks 333,989 509,331 52.5% Loans and advances to customers (net) 904,839 955,603 5.6% S
Slide 17: Senior non-preferred loans and subordinated debt
Senior non-preferred loans as of 30 September 2026: Interest rate Drawing date Principal Call option date* (ACT/360) 27 Jun 2022 EUR 250m 28 Jun 2027 3M Euribor + 2.05% 21 Sep 2022 EUR 250m 21 Sep 2029 1M Euribor + 2.13% 9 Nov 2022 EUR 250m 9 Nov 2027 1M Euribor + 2.23% 9 Nov 2022 EUR 250m 9 Nov 202
Slide 18: Financial calendar
Financial calendar 4 February 2027 FY and 4Q 2026 results Komerční banka, a.s. Results Q3 2026 18
Slide 19: Definitions of the performance indicators
Definitions of the performance indicators mentioned herein: I. Housing loans: mortgages to individuals provided by KB + loans IV. Net loans to deposits: (‘Net loans and advances to customers’ equity’ less average ‘Goodwill’ and average ‘Other intangible to clients provided by Modrá pyramida; inclusi
Slide 20: Reconciliation of Net interest margin calculation
Reconciliation of ‘Net interest margin’ calculation, (CZK million, consolidated, unaudited): (CZK million, consolidated) 9M 2026 9M 2025 Net interest income 19,700 19,310 Loans and advances at amortised cost 44,286 40,089 Debt securities at amortised cost 4,306 4,231 Other debt securities 116 120 Fi