Komercni Banka As (KMERF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

So, good afternoon ladies and gentlemen. Welcome from Pomerční banka and thank you for sharing your time with us today. It is the 6th of February 2026 and we are going to discuss the results of Pomerční banka group for the fourth quarter and for the full year 2025. Please note that this call is being recorded. Today, we have the entire board of directors together in one room, led by the chairman and CEO of Kuneční banka Jan Jochilka, and we also have Margot Simpson, Chief Digital Officer, Miroslav Hirschel, Head of Retail Banking, Katarína Kurucová, Head of Corporate and Investment Banking, Andrzej Kučkovský, Chief Risk Officer, Jitka Halvová, Chief Operations Officer, and with them, of course, Jan Rulejak, Chief Financial Officer. As always, we will begin with the presentation of results, which will be followed by questions and answer session. During the presentation part, all participants will be on listen-only mode. We would appreciate if you could keep your microphones muted during that time. Now let me ask the CEO, Jan Juchelka, to begin the presentation. Thank you. Thank you, Jakub. Hello everyone, thank you for sharing your time with us. We very appreciate your attention you paid to ComEdSheet. It's my pleasure together with the top management team to lead you through the presentation of Q4 2025 results and the full year 2025 results. We can start with page number 4. Komeční in 2025 printed solid growth of financing of Czech economy. Across the board, all segments with the emphasis on housing loans. We grew by 6.8%. The fourth quarter contributed by 4.3%. On the side of deposits, we grew almost by 6%, which we didn't find optimal. This is why in fourth quarter, we opened the gate a little bit for gaining a bit more deposits from the market in order to build so...