Garching, 13 February 2026
The Management Board and the Supervisory Board of Deutsche Pfandbriefbank AG have completed the planning process for the 2026 financial year. They expect to achieve an annual profit before taxes (IFRS, Group) of EUR 30 million to EUR 40 million and an operating income of EUR 375 million to EUR 425 million in the 2026 financial year due to an expected Real Estate Finance portfolio volume of EUR 27 billion to EUR 28 billion. This guidance is also due to a more lingering than expected recovery of the commercial real estate financing markets in Europe as well as the costs for the exit from the US business, which may presumably only be gradually compensated. 

Contact:
Sebastian Zehrer
Head of Communications
Phone: +49 (0) 89 2880 11841
Email: Sebastian.Zehrer@pfandbriefbank.com