Key Takeaways Strategic focus on higher-margin transactions and capital efficiency hints at improved future profitability and revenue growth. Digital investments and robust capital management are expected to enhance efficiency, reduce costs, and support growth through capital deployment.Read more

€3.73

3.6% undervalued

AnalystConsensusTarget's

Fair Value

Profit Margin

20.94%

Future PE

5.39x

Price in 2029

€4.37

Deutsche Pfandbriefbank

European CRE Troubles Will Hinder Loans Despite Modest Optimism

Key Takeaways Exposure to weak commercial real estate markets and shifts in office demand create structural risks, threatening asset quality and loan growth. Rising regulatory burdens and competition from alternative lenders could erode profitability and constrain efforts to improve cost efficiency and market share.Read more

€2.5

43.7% overvalued

AnalystLowTarget's

Fair Value

Profit Margin

19.18%

Future PE

3.79x

Price in 2029

€2.93

Deutsche Pfandbriefbank

Urbanization And ESG Trends Will Power Sustainable Real Estate Lending

Key Takeaways Focus on higher-margin lending, automation, and portfolio shifts could drive sustained outperformance in profitability and net margins beyond current market expectations. Leadership in green finance and increased partnerships position the bank to gain market share and fee revenues in Europe's real estate sector regardless of macro conditions.Read more

€7

48.7% undervalued

AnalystHighTarget's

Fair Value

Profit Margin

27.43%

Future PE

7.19x

Price in 2029

€8.2

Trending Discussion

Snowflake Analysis

High growth potential and slightly overvalued.

2 Risks

1 Reward

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Deutsche Pfandbriefbank AG Key Details

Last Reported Earnings

Mar 31, 2026

Next Reporting Earnings

Aug 13, 2026

: -2.44
: 100.00%
: 6,560.00%
: 636.9%

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About PBB

Founded: 1997
Employees: 794
CEO: Kay Wolf
WebsiteView website: www.pfandbriefbank.com

Deutsche Pfandbriefbank AG provides commercial real estate and public investment finance. It operates through Real Estate Finance and Non-Core segments. The Real Estate Finance segment provides financing for professional property investors, which includes national and international property companies, institutional investors, property funds, and medium-sized companies, as well as regionally oriented customers to finance properties comprising office buildings, residential properties, retail and logistics properties, and business hotels. The Non-Core segment offers financing eligible for Pfandbrief cover for the provision and improvement of public infrastructure and non-earmarked financing to the public sector. It operates in Germany, France, Austria, the United States, Poland, Other Europe, the United Kingdom, Spain, Sweden, Finland, Italy, Czech Republic, Portugal, Hungary, and internationally. Deutsche Pfandbriefbank AG was incorporated in 1997 and is headquartered in Garching bei Munchen, Germany.