The earnings call reflects a robust financial performance with significant growth in net income, asset management, and operational efficiency. However, challenges remain in deposit growth, SME lending, and fee business potential, which the bank is actively addressing.

Company Guidance

In the recent call, Komerční banka's leadership, including CEO Jan Juchelka, provided a comprehensive update on the bank's performance and strategic direction for 2025. The bank reported a significant 30.6% year-over-year increase in net income for Q2, amounting to CZK 4.6 billion, with a net profit per share of CZK 24.48. Key performance metrics included a robust cost-to-income ratio of 45.7% and a return on equity (ROE) close to 15%. Loan volumes grew by 4.3% year-over-year, driven by strong performances in mortgage and corporate lending, while deposits decreased by 2.6%. The bank's asset under management outside its balance sheet grew by 8% year-over-year, with mutual funds seeing a notable 14.2% increase. Despite a slight decline in deposits, the bank remains optimistic, supported by a solid capital position with a total capital ratio of 18.6% and a Tier 1 ratio of 17.7%. The bank also highlighted its strategic focus on digital transformation, aiming for a fully digital banking experience by 2026, with 1.3 million clients already using its new digital platform, KB+. Additionally, the bank was recognized for its sustainability efforts and received awards for its leadership in payments.

Significant Increase in Net Income

The group net income for the second quarter was AZN 4.6 billion, a 30.6% increase year-over-year, with a net profit per share of CZK 24.48.

Strong Asset Management Growth

Assets under management grew by 8% year-over-year, with mutual funds experiencing a double-digit growth of 14.2%.

Record Low Cost-to-Income Ratio

The cost-to-income ratio compressed to 45.7%, indicating improved operational efficiency.

Recognition and Awards

Komercní banka was recognized as the #1 sustainable bank by Visa and received the award for World Best Bank for ESG by Euromoney.

Digital Transformation Success

The new digital banking platform, KB+, has been adopted by 1.3 million users, indicating a successful digital transformation.

Healthy Economic Indicators

The Czech Republic is experiencing moderate GDP growth of 0.2% quarter-over-quarter and 2.4% year-over-year, with a low unemployment rate of 2.8%.

Komercni banka, a.s. (KMERF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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KMERF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	1.05 / -	1.569	―	―	―
Jul 31, 2025	2025 (Q2)	1.05 / 4.46	0.897	397.76% (+3.57)
Apr 30, 2025	2025 (Q1)	0.89 / 1.06	2.841	-62.68% (-1.78)
Feb 06, 2025	2024 (Q4)	0.98 / 1.19	0.763	56.26% (+0.43)
Oct 31, 2024	2024 (Q3)	1.39 / 1.57	1.081	45.13% (+0.49)
Aug 01, 2024	2024 (Q2)	0.97 / 0.90	1.146	-21.77% (-0.25)
May 03, 2024	2024 (Q1)	0.74 / 2.84	0.899	216.11% (+1.94)
Feb 08, 2024	2023 (Q4)	0.76 / 0.76	0.913	-16.46% (-0.15)
Nov 03, 2023	2023 (Q3)	0.99 / 1.08	1.159	-6.75% (-0.08)	―	―
Aug 03, 2023	2023 (Q2)	0.94 / 1.15	1.181	-2.94% (-0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KMERF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$49.24	$48.18	-2.15%
Apr 30, 2025	$45.57	$44.30	-2.79%
Feb 06, 2025	$34.31	$35.25	+2.74%
Oct 31, 2024	$31.75	$31.41	-1.07%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Komercni banka, a.s. (KMERF) report earnings?

Komercni banka, a.s. (KMERF) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Komercni banka, a.s. (KMERF) earnings time?

Komercni banka, a.s. (KMERF) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KMERF EPS forecast?

KMERF EPS forecast for the fiscal quarter 2025 (Q3) is 1.05.

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