Komercni Banka, A.s. · PSECZ:KOMB
Komercni Banka, A.s — H1 2026 Earnings Presentation
19 slides from Komercni Banka, A.s's earnings presentation, Jul 30, 2026
Slide 1: Results H1 2026
Results H1 2026 Inside information
Slide 2: Komerční Banka in the first half of 2026: dynamic growth in business activity
Komerční Banka in the first half of 2026: dynamic growth in business activity and continued improvement in operational efficiency “Komerční banka Group’s very strong business performance in the first half of the year was reflected in continued acceleration of loan portfolio growth across both the re
Slide 3: Business performance, achievements and financial performance
Prague, 30 July 2026 – Komerční banka reported today its unaudited currency conversion (DCC), contactless payments with a physical amortisation charges was partially offset by a reduction in the use of consolidated results for the first half of 2026. card, or transactions at specific merchant groups
Slide 4: Market environment (in second quarter 2026)
Market environment (in second quarter 2026) 1) Financial markets developments during the second quarter were however, reaching 2.9% in both April and May before easing slightly The latest data on residential real estate prices for the first quarter marked by significant volatility, particularly in e
Slide 5: Developments in the client portfolio and distribution networks
Developments in the client portfolio and distribution networks Change 30 Jun 2025 30 Jun 2026 YoY KB Group's customers 2,241,000 2,313,000 72,000 Komerční banka 1,755,000 1,811,000 56,000 – Individual clients 1,513,000 1,568,000 55,000 – KB+ users 1,269,000 1,731,000 462,000 Modrá pyramida 365,000 3
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 June 2026. BUSINESS PERFORMANCE Loans to customers Lending to small
Slide 7: Financial performance
FINANCIAL PERFORMANCE Income statement managed in these products. Revenue from specialised financial average number of employees were lower by (9.5%) year on year, services, particularly for corporate clients, declined overall year on at 6,4751), primarily reflecting efficiency gains from digitising
Slide 8: Statement of financial position
IFRS 9. The Bank also successfully resolved several exposures in the Revaluation differences on portfolio hedge items totalled corporate client segment. Statement of financial position CZK (0.7) billion, higher by 48.9%. Current and deferred tax assets stood at CZK 0.4 billion. Prepayments, accrued
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 (25.7) billion. Current and deferred tax liabilities ended at Regulatory capital and other assets, the Group must also fulfil the combined capital buffer. This CZK 0.9 billi
Slide 10: Developments in corporate governance
Developments in corporate governance At its meeting on 18 June, the Supervisory Board, among other things, re-elected Mr Miroslav Hiršl as a member of the Board of Directors for a new term beginning 3 August 2026, and, at the request of Board member Mr Margus Simson, approved the termination of his
Slide 11: 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 12: Expected development: MREL, digital offer and cost of risk
instruments, and regulatory requirements, KB fulfils its MREL environment and processes among its companies and to centralise regulatory funds, particularly the Resolution Fund, was recognised in requirements by taking on senior non-preferred loans from Société certain support activities. the first
Slide 13: Risks and dividend intention for 2026
trade disruptions due to protectionism; disruptions in the supply of fuel, raw materials, and other production inputs; and disturbance of transport links. Potential sudden changes in relevant exchange rates and interest rates, as well as monetary or fiscal policies, also pose risks. Management expec
Slide 14: ANNEX: Consolidated results as of 30 June 2026 under IFRS
ANNEX: Consolidated results as of 30 June 2026 under International Financial Reporting Standards (IFRS) Profit and Loss Statement Reported Recurring Change Change 1H 2025 1H 2026 YoY 1H 2025 1H 2026 YoY (CZK million, unaudited) Net interest income 12,808 12,949 1.1% 12,808 12,949 1.1% Net fee and co
Slide 15: Statement of Financial Position
Statement of Financial Position 31 Dec 2025 30 Jun 2026 Year to date (CZK million, unaudited) Assets 1,599,579 1,803,920 12.8% Cash and current balances with central bank 91,662 95,154 3.8% Loans and advances to banks 333,989 500,806 49.9% Loans and advances to customers (net) 904,839 937,586 3.6% S
Slide 16: Retail segment overview and senior non-preferred loans
Business performance in retail segment – overview 30 Jun 2026 Change year on year (CZK billion) Mortgages to individuals – volume of loans outstanding 325.4 11.5% Building savings loans (MPSS) – volume of loans outstanding 95.4 (3.4%) Consumer loans (KB + ESSOX + PSA Finance) – volume of loans outst
Slide 17: Subordinated debt and financial calendar
Subordinated debt as of 30 June 2026: 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% 13 Mar 2026 EUR 150m 13 Mar 2031 1M Euribor + 1.69% * Call option exercise date is 5 years be
Slide 18: Definitions of the performance indicators mentioned herein
Definitions of the performance indicators mentioned herein: I. Housing loans: mortgages to individuals provided by KB + loans other comprehensive income’ (debt securities only), and ‘Debt quantity average group ‘shareholders’ equity’ less ‘Minority to clients provided by Modrá pyramida; securities’;
Slide 19: Reconciliation of Net interest margin calculation
Reconciliation of ‘Net interest margin’ calculation, (CZK million, consolidated, unaudited): (source: Profit and Loss Statement) 1H 2026 1H 2025 Net interest income, year to date 12,949 12,808 Of which: Loans and advances at amortised cost 28,408 26,705 Debt securities at amortised cost 2,836 2,810