Business Summary: Komercni Banka as is a Czech Republic-based commercial bank. The Bank’s business activities are divided into three operating segments: Retail Banking, providing products and services to individuals, such as predominantly current and saving accounts, term deposits, overdrafts, credit card loans, personal loans and mortgages; Corporate Banking, providing products and services to corporate entities, such as current accounts, term deposits, revolving loans, business loans, mortgages, foreign currency and derivate products, syndicated and export financing and guarantee transactions; and Investment Banking, trading with financial instruments. In addition, the Bank offers insurance services, supplementary pension plans, building savings and mediation of business transactions and services. The Bank operates several subsidiaries. The Bank is a member of Societe Generale Group.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Komercni Banka as interest income decreased 3% to CZK115.34B. Net interest income after loan loss provision decreased 5% to CZK24.29B. Net income increased 10% to CZK17.24B. Net interest income after loan loss provision reflects Investing Banking segment decrease of 19% to CZK1.99B, Net Interest Margin -% decrease of 10% to 1.74%.