Komerční banka Group Financial Results as of 30 June 2026
“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 retail and corporate segments. The volume of deposits also increased significantly, and the number of KB Group customers continued to grow. This performance was driven by the high quality of our customer relationships, ongoing expansion and enhancement of the offering available through the KB+ application, and a favourable macroeconomic environment,” remarked Jan Juchelka, Komerční banka’s Chairman of the Board of Directors and Chief Executive Officer.
“Excellent business performance had a positive impact on the Bank’s revenues, although strong competition in both the lending and deposit markets continued to put pressure particularly on interest income growth. At the same time, KB maintained strict cost discipline while the quality of the loan portfolio remained at a very high level. An international award we received for the modernisation of our core banking system and the KB+ platform provides independent recognition as to the quality of those changes we have implemented in recent years. The Bank will continue to consistently pursue further improvements in operational efficiency,” Jan Juchelka added.
- KB Group’s lending to customers rose by 10.0% year on year to CZK 945.8 billion.
- Deposits from clients expanded by 10.2% from a year earlier to CZK 1,137.2 billion.Volume of non-bank assets (mutual funds, pension funds, life insurance) under management was up by 1.4% to CZK 293.9 billion.
- The Komerční banka Group served a total of 2,313,000 customers, representing a year‑on‑year increase of 72,000. The new digital bank with the KB+ app was already used by 1,731,000 Komerční banka customers, an increase of 462,000 year on year.
- First half 2026: Total revenues were up by 1.8% year on year, at CZK 18.5 billion. Operating expenditures decreased by (2.6%) to CZK 8.5 billion. The Group reported a CZK (0.1) billion net release of provisions for credit risk. Income taxes reached CZK 1.8 billion. Net profit attributable to the Group’s equity holders, at CZK 8.5 billion, decreased by (3.3%) year on year.
- Second quarter 2026: Total revenues increased by 3.6% year on year to CZK 9.4 billion. Operating expenditures decreased by (0.7%) to CZK 4.1 billion. The Group reported a marginal CZK (0.0) billion net release of provisions for credit risk. Income taxes reached CZK 0.9 billion. Net profit attributable to the Group’s equity holders, at CZK 4.5 billion, was lower by (2.4%) year on year.
- Volume of regulatory capital reached CZK 108.2 billion, capital adequacy stood at 17.3%, and the Core Tier 1 ratio was 16.0%.
- KB had 93,841 shareholders (greater by 15,142 year on year), of which 86,932 were private individuals from the Czech Republic.