Komerční banka Group Financial Results as of 31 March 2026
“In the first quarter of this year, we saw generally very strong business activity. The number of our clients continued to grow. Consumer lending accelerated significantly. The volume of new mortgage loans approached the record set in 2021. Client deposit volumes also grew rapidly, particularly in savings accounts. However, intense competition in the market has thus far constrained the conversion of this positive development into accelerated revenue growth,” remarked Jan Juchelka, Komerční banka’s Chairman of the Board of Directors and Chief Executive Officer.
“Global risks to economic development in the coming quarters have tended recently to accumulate. However, thanks to completion of the KB 2025 transformation programme last year, Komerční banka is highly agile and well-prepared for all scenarios. At the same time, the Czech economy continues to perform strongly. The outlook for the rest of the year thus remains positive,” Jan Juchelka added.
- KB Group’s lending to customers rose by 7.6% year on year to CZK 914.1 billion.
- Deposits from clients expanded by 8.7% from a year earlier to CZK 1,129.4 billion.
- Volume of non-bank assets (mutual funds, pension funds, life insurance) under management was up by 0.8% to CZK 285.2 billion.
- The Komerční banka Group served a total of 2,287,000 customers, representing a year‑on‑year increase of 56,000. The new digital bank with the KB+ app was already used by 1,673,000 Komerční banka customers, an increase of 537,000 year on year.
- Total revenues were stable year on year, at CZK 9.1 billion. Operating expenditures decreased by (4.3%) to CZK 4.4 billion. The Group reported a CZK (0.1) 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 4.0 billion, decreased by (4.2%) year on year.
- Volume of regulatory capital reached CZK 108.0 billion, capital adequacy stood at 18.2%, and the Core Tier 1 ratio was 16.8%.
- The Annual General Meeting held on 23 April 2026 approved an annual dividend payment of CZK 95.60 per share (before tax) to Komerční banka shareholders as of 5 May. The dividend will be payable from 25 May 2026.
- KB had 90,642 shareholders (greater by 13,559 year on year), of which 84,415 were private individuals from the Czech Republic.