Brief: Deutsche Pfandbriefbank FY Pretax Profit EUR -250 Million

Deutsche Pfandbriefbank AG

13/02/2026 12:22

Feb 13 (Reuters) - Deutsche Pfandbriefbank AG PBBG.DE:

FY PRETAX PROFIT EUR -250 MILLION

DEUTSCHE PFANDBRIEFBANK OUTLOOK FY PRETAX PROFIT EUR 30-40 MILLION

ROTE OF 8% FOR BANK AS A WHOLE NOW TARGETED FOR 2028

PRE-TAX PROFIT OF BETWEEN EUR 30 MILLION AND EUR 40 MILLION IS THEREFORE EXPECTED FOR 2026

STRATEGIC TARGETS WILL BE ACHIEVED LATER THAN ORIGINALLY PLANNED DUE TO SLUGGISH MARKET RECOVERY AND COSTS ASSOCIATED WITH US EXIT

NEW BUSINESS UP 23% TO EUR 6.3 BILLION

NOT SEE ANY SCOPE FOR A DISTRIBUTION TO SHAREHOLDERS FOR 2025 FINANCIAL YEAR

LITTLE TAILWIND EXPECTED FROM MARKET FOR 2026

FOR 2026, BANK EXPECTS ITS NEW BUSINESS VOLUME TO CONTINUE TO RISE TO BETWEEN EUR 7.5 BILLION AND EUR 8.5 BILLION

2026 REF PORTFOLIO VOLUME IS EXPECTED TO BE BETWEEN EUR 27 BILLION AND EUR 28 BILLION

2026 OPERATING INCOME OF BETWEEN EUR 375 MILLION AND EUR 425 MILLION

Source text: ID:nPLXD043B8

Further company coverage: PBBG.DE

 (Gdansk Newsroom)

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