Komerční banka Group Financial Results as of 30 September 2026
“Komerční banka Group delivered strong business momentum and solid financial results for the first nine months of 2026. I am particularly pleased with the dynamic growth in lending and the continued expansion of our customer base. We also continue to benefit from excellent asset quality and a low cost of risk. However, the market environment, characterised by lower margins on some key products, has so far prevented us from translating this positive commercial momentum into commensurate revenue growth,” remarked Jan Juchelka, Komerční banka’s Chairman of the Board of Directors and Chief Executive Officer.
“By adopting our updated strategy, we have set a clear direction for Komerční banka’s further development, with the aim of delivering sustainable and profitable long-term growth. Building on the measures that have contributed to Komerční banka’s success, we are adapting our strategy to the evolving market environment. Intense competition, rising input costs and growing regulatory and technological demands require an even sharper focus on operating efficiency and the disciplined allocation of capital, liquidity and other resources to the areas where they can best support long-term value creation,” Jan Juchelka added.
- KB Group’s lending to customers rose by 11.1% year on year to CZK 964.6 billion. Loan volumes grew across all client segments.
- Deposits from clients expanded by 6.7% from a year earlier to CZK 1,129.7 billion. Volume of non-bank assets (mutual funds, pension funds, life insurance) under management was up by 0.7% to CZK 293.6 billion.
- The Komerční banka Group served a total of 2,331,000 customers, representing a year‑on‑year increase of 81,000. The new digital bank with the KB+ app was already used by 1,789,000 Komerční banka customers.
- Nine months of 2026: Total revenues were up by 1.8% year on year, at CZK 28.0 billion. Operating expenditures decreased by (2.1%) to CZK 12.5 billion. The Group reported a CZK (0.1) 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 13.2 billion, decreased by (2.8%) year on year.
- Third quarter 2026: Total revenues increased by 1.8% year on year to CZK 9.5 billion. Operating expenditures decreased by (1.2%) to CZK 4.0 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 4.7 billion, was lower by (1.9%) year on year.
- Volume of regulatory capital reached CZK 114.3 billion, capital adequacy stood at 18.6%, and the Core Tier 1 ratio was 16.5%.
- KB had 95,086 shareholders (greater by 15,246 year on year), of which 88,843 were private individuals from the Czech Republic.