Komercni Banka, A.s. · PSECZ:KOMB
Komercni Banka, A.s — H1 2025 Earnings Presentation
19 slides from Komercni Banka, A.s's earnings presentation, Jul 31, 2025
Slide 1: Results H1 2025
Results H1 2025 Regulatory information
Slide 2: First half 2025: strong increase in net profit
First half 2025: Komerční banka reports strong increase in net profit due to higher revenues, lower operating expenditures, and excellent assets quality “The first half results confirm a sound revenue trend, strict cost discipline, and our continued consistency in risk management. The brisk growth i
Slide 3: Business performance, financial performance, capital and liquidity
Prague, 31 July 2025 – Komerční banka reported today its unaudited Net fee and commission income was higher, reflecting in particular Capital and liquidity consolidated results for the first half of 2025. clients’ larger investments in mutual funds and greater demand among corporate clients for vari
Slide 4: Digital transformation and Group structure
board. Client satisfaction is improving as the new application is used By the end of 2025, the Bank will focus on completing the transfer KB Group’s transformation also involves optimising its structure. This over time, and the Bank is gradually developing and expanding its of individual clients to
Slide 5: Market environment in second quarter 2025
Market environment in second quarter 2025 1) Due to ongoing trade tensions brought on by the U.S. inflation remains under control, particularly in comparison with the year’s first quarter.4) Prices of second-hand flats in the rest of the administration’s broad import tariffs, global financial market
Slide 6: Developments in the client portfolio and distribution networks
Developments in the client portfolio and distribution networks Change 30 Jun 2024 30 Jun 2025 YoY KB Group's clients 2,203,000 2,176,000 (27,000) Komerční banka 1,708,000 1,755,000 47,000 – Individual clients 1,465,000 1,513,000 47,000 – New Digital Bank users 482,000 1,269,000 787,000 Modrá pyramid
Slide 7: Business performance: loans and deposits
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 June 2025. BUSINESS PERFORMANCE Loans to customers The total volume
Slide 8: Financial performance: income statement
The volumes in mutual funds held by KB Group clients grew by 14.2% The Group’s liquidity as measured by the ratio of net loans1) to the net stable funding ratio at 130%, both well above the regulatory to CZK 167.6 billion. Client assets managed by KB Penzijní společnost deposits (excluding repo oper
Slide 9: Statement of financial position
down by (5.5%), at CZK 1,992 million. Savings were achieved in all Net result on subsidiaries and associates was CZK 0 million. In the Assets main categories. The full-year levy to the regulatory funds (Deposit same period of 2024, this line had reached CZK (54) million due to As of 30 June 2025, KB
Slide 10: Regulatory capital and other regulatory requirements
Investments in associates, at CZK 2.3 billion, were lower by (15.0%) The provisions balance was 7.3% higher, at CZK 0.8 billion. Provisions Core Tier 1 ratio was 17.7%. Tier 2 capital summed to CZK 5.2 billion, compared to the 2024 year-end value. for other credit commitments are held to cover credi
Slide 11: Corporate governance developments and expected development
Developments in corporate governance and in the Group structure in second quarter On 16 July 2025, Ms. Delphine Garcin Meunier stopped serving as the At the time of writing this regulatory announcement, KB already own in upvest s.r.o., a fintech company that intermediates chairperson and member of t
Slide 12: Regulatory requirements and outlook
as a local regulator), effective from 1 January 2025, Komerční banka as a percentage of risk-weighted assets, the Group must also fulfil the Komerční banka will continue its strategic transformation. The main is required to maintain a capital ratio on a sub-consolidated basis at combined capital buf
Slide 13: Expected development in 2025
accounts on the total deposit book should stabilise or slightly Depreciation and amortisation will grow at a high-single-digit rate, changes in relevant exchange rates and interest rates, as well as increase. reflecting continued investment in digital transformation. monetary or fiscal policies, als
Slide 14: ANNEX: Consolidated results under IFRS
ANNEX: Consolidated results as of 30 June 2025 under International Financial Reporting Standards (IFRS) Profit and Loss Statement Reported Recurring Change Change 1H 2024 1H 2025 YoY 1H 2024 1H 2025 YoY (CZK million, unaudited) Net interest income 12,435 12,808 3.0% 12,435 12,808 3.0% Net fee and co
Slide 15: Statement of Financial Position
Statement of Financial Position 31 Dec 2024 30 Jun 2025 Year to date (CZK million, unaudited) Assets 1,536,000 1,604,596 4.5% Cash and current balances with central bank 72,956 74,426 2.0% Loans and advances to banks 335,834 393,739 17.2% Loans and advances to customers (net) 853,022 861,185 1.0% Se
Slide 16: Retail segment overview and senior non-preferred loans
Business performance in retail segment – overview 30 Jun 2025 Change year on year CZK bil. Mortgages to individuals – volume of loans outstanding 291.7 3.6% Building savings loans (MPSS) – volume of loans outstanding 98.7 3.8% Consumer loans (KB + ESSOX + PSA Finance) – volume of loans outstanding 3
Slide 17: Subordinated debt and financial calendar
Subordinated debt as of 30 June 2025: Interest rate Drawing date Principal Call option date* (ACT/360) 10 Oct 2022 EUR 100m 11 Oct 2027 3M Euribor + 3.79% 29 Nov 2023 EUR 100m 29 Nov 2028 3M Euribor + 2.82% Call option exercise date is 5 years before final maturity date * Financial calendar 30 Octob
Slide 18: Definitions of the performance indicators
Definitions of the performance indicators mentioned herein: I. Housing loans: mortgages to individuals provided by KB + loans V. Cost-to-income ratio: ‘Operating costs’ divided by ‘Net operating to clients provided by Modrá pyramida; income’; II. Cost of risk in relative terms: annualised ‘Allowance
Slide 19: Reconciliation of Net interest margin calculation
Reconciliation of ‘Net interest margin’ calculation, (CZK million, consolidated, unaudited): (source: Profit and Loss Statement) 1H 2025 1H 2024 Net interest income, year to date 12,808 12,435 Of which: Loans and advances at amortised cost 26,705 36,595 Debt securities at amortised cost 2,810 2,191