Komerční banka Group Financial Results as of 30 September 2025
"This year, we are concluding the KB 2025 transformation programme, which had begun in 2018 with a fundamental change to the organisation of Komerční banka’s operations, and continued in 2020 with momentous investments in new banking technologies. These changes enabled us to launch in 2023 KB’s New Era of Banking, a modern and appealing offering for our customers, while also streamlining the entire KB Group and increasing its responsiveness,” commented Jan Juchelka, Chairman and CEO of Komerční banka.
“By the end of the year, we will have completed the transfer of KB’s individual clients to the environment of the KB+ app. KB’s growth and market position in 2026 will be significantly strengthened by the combination of innovative banking technology, highly qualified employees, exemplary operational efficiency, robust liquidity and a strong capital base, as well as excellent asset quality,” added Jan Juchelka.
- KB Group’s lending to customers expanded by 3.6% year on year to CZK 868.0 billion. Mortgages rose the fastest, but other loan categories grew as well.
- Total volume of standard client deposits at KB Group increased by 0.1% from a year earlier to CZK 1,058.3 billion, also influenced by the transfer of some funds to non-banking assets such as mutual funds, pension savings, and life insurance. Their total volume expanded by 6.6% to CZK 291.9 billion.
- Komerční banka continued to successfully transfer clients from its legacy systems to the new digital bank with the KB+ app, while also acquiring new clients. As of 30 September 2025, a total of 1,460,000 customers were using KB+ application, 283,000 of whom were newly acquired customers.
- Nine months of 2025: Total revenues were up by 2.9% year on year, at CZK 27.5 billion. Operating expenditures decreased by (4.3%) to CZK 12.8 billion. The Group reported CZK (1.4) billion net release of provisions for credit risk. Income taxes reached CZK 2.7 billion. Net profit attributable to the Group’s equity holders, at CZK 13.6 billion, improved by 8.3% year over year.
Third quarter 2025: Total revenues increased by 1.5% year on year to CZK 9.3 billion. Operating expenditures were lower by (5.2%), at CZK 4.0 billion. The net release of provisions for credit risk in the quarter reached CZK (0.3) billion. Income taxes came to CZK 0.9 billion. Net profit attributable to the Group’s equity holders, at CZK 4.8 billion, was down by (22.9%) year on year, because in the third quarter of 2024 the Bank had reported a one-off gain from the sale of its former headquarters building.
Volume of regulatory capital reached CZK 104.3 billion, capital adequacy stood at 18.4%, and the Core Tier 1 ratio was 17.6%.
KB had 79,840 shareholders (greater by 3,913 year on year), of which 73,826 were private individuals from the Czech Republic.