Want to see DE:PBB full AI Analyst Report?
Top Page
Deutsche Pfandbriefbank
(XETRA:PBB)
Select Model
Select Model
Rating:42Neutral
Price Target:
€3.00
▼(-13.54% Downside)
Action:Reiterated
Date:03/28/26
The score is held down primarily by weak financial performance (2025 loss, high leverage, and volatile/negative cash flows) and a bearish technical setup (price below major moving averages with negative MACD). A high dividend yield provides some support, but negative earnings reduce valuation clarity and overall confidence.
Positive Factors
Specialist real-estate & public finance franchise
A focused franchise on commercial real estate and public/infrastructure finance provides durable structural demand, deep sector knowledge and repeat origination opportunities. Specialization supports pricing power on structured loans and long-term client relationships across cycles.
Negative Factors
High structural leverage
Debt-to-equity near 7x is typical for a mortgage bank but materially raises sensitivity to credit losses and funding shocks. High leverage constrains strategic flexibility, magnifies earnings volatility, and increases the need for stable access to capital markets over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Specialist real-estate & public finance franchise
A focused franchise on commercial real estate and public/infrastructure finance provides durable structural demand, deep sector knowledge and repeat origination opportunities. Specialization supports pricing power on structured loans and long-term client relationships across cycles.
Read all positive factors
Deutsche Pfandbriefbank (PBB) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€429.78M
Dividend Yield3.61%
Average Volume (3M)227.73K
Price to Earnings (P/E)―
Beta (1Y)1.14
Revenue Growth-25.75%
EPS Growth-496.17%
CountryDE
Employees656
SectorGeneral
Sector StrengthN/A
IndustryBanks - Regional
Share Statistics
EPS (TTM)-2.30
Shares Outstanding134,475,310
10 Day Avg. Volume220,967
30 Day Avg. Volume227,730
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.20
Price to Sales (P/S)0.25
P/FCF Ratio-4.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€5.50Price Target Upside58.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.07
Revenue Forecast (FY)€388.23M
Deutsche Pfandbriefbank Business Overview & Revenue Model
Company Description
Deutsche Pfandbriefbank AG is a financial institution that specializes in providing funding solutions for both commercial property ventures and public sector investments. Within its commercial real estate activities, the bank offers a comprehensiv...
How the Company Makes Money
pbb makes money primarily through net interest income generated by originating and holding interest-earning loans—mainly commercial real estate and investment/public-related financings—funded by interest-bearing liabilities. The core mechanism is ...
Deutsche Pfandbriefbank Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
38
Negative
Cash Flow
27
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.25B | 374.00M | 391.00M | 1.64B | 1.59B |
| Gross Profit | 27.00M | 374.00M | 391.00M | 487.00M | 510.00M |
| EBITDA | -242.00M | 125.00M | 117.00M | 235.00M | 266.00M |
| Net Income | -284.00M | 90.00M | 91.00M | 188.00M | 229.00M |
Balance Sheet | |||||
| Total Assets | 39.88B | 44.17B | 50.88B | 53.01B | 58.40B |
| Cash, Cash Equivalents and Short-Term Investments | 1.56B | 2.01B | 2.73B | 1.04B | 6.61B |
| Total Debt | 19.28B | 21.58B | 27.38B | 30.08B | 32.85B |
| Total Liabilities | 37.08B | 40.75B | 47.52B | 49.88B | 55.27B |
| Stockholders Equity | 2.81B | 3.42B | 3.37B | 3.42B | 3.12B |
Cash Flow | |||||
| Free Cash Flow | -140.00M | -2.22B | 398.00M | -32.00M | 213.00M |
| Operating Cash Flow | -133.00M | -2.19B | 421.00M | -13.00M | 228.00M |
| Investing Cash Flow | -309.00M | 1.51B | 1.44B | -5.35B | 1.13B |
| Financing Cash Flow | -10.00M | -31.00M | -181.00M | -201.00M | -126.00M |
Deutsche Pfandbriefbank Technical Analysis
Negative
3.47
Price Trends
3.40
Negative
3.35
Negative
3.93
Negative
Market Momentum
-0.05
Positive
37.02
Neutral
8.84
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:PBB, the sentiment is Negative. The current price of 3.47 is above the 20-day moving average (MA) of 3.39, above the 50-day MA of 3.40, and below the 200-day MA of 3.93, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 37.02 is Neutral, neither overbought nor oversold. The STOCH value of 8.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:PBB.
Deutsche Pfandbriefbank Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | €560.09M | 19.81 | 7.56% | ― | 0.04% | 90.09% | |
61 Neutral | €359.94M | 28.36 | 3.33% | 10.90% | -3.82% | -9.42% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | €661.86M | 30.25 | 2.21% | 4.33% | 2.47% | 72.49% | |
44 Neutral | €38.41M | -0.47 | -56.48% | ― | 37.96% | 15.96% | |
42 Neutral | €429.78M | -1.39 | -10.36% | 3.61% | -25.75% | -496.17% | |
39 Underperform | €85.65M | -0.26 | -40.94% | ― | -13.22% | -67.54% |
* General Sector Average
DE:PBB
Deutsche Pfandbriefbank
3.20
-2.03
-38.89%
DE:DMRE
DEMIRE Deutsche Mittelstand Real Estate ate ate
0.36
-0.32
-46.47%
DE:BRNK
DIC ASSET
1.03
-1.04
-50.24%
DE:HABA
Hamborner REIT
4.43
-1.05
-19.22%
DE:HYQ
HYPOPORT
83.80
-113.60
-57.55%
DE:PAT
Patrizia Immobilien
7.71
0.13
1.67%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.