Deutsche Pfandbriefbank AG/€PBB
1D1W1MYTD1Y5YMAX
Capital at risk
About Deutsche Pfandbriefbank AG
Deutsche Pfandbriefbank AG specializes in real estate financing and public investment finance. As a key player in the banking sector, it provides tailored financing solutions primarily to real estate companies, investors, and public entities. Its core services include project and asset financing, commercial real estate finance, and public-sector lending. Established in 2009 and headquartered in Garching, Germany, the bank operates mainly in Germany and other European countries. One of its strategic strengths lies in its expertise in Pfandbrief issuance, which ensures stable funding sources and reflects a strong credit standing.
- Ticker
- €PBB
- Sector
- Finance
- Primary listing
- XETRA
- Employees
- 1,165
- Headquarters
- Garching bei Munchen, Germany
- Website
- www.pfandbriefbank.com
PBB Metrics
BasicAdvanced
€449M
-
-€0.39
0.98
-
Price and volume
Market cap
€449M
Beta
0.98
52-week high
€5.22
52-week low
€2.71
Average daily volume
541K
Financial strength
Profitability
Net profit margin (TTM)
-9.54%
Operating margin (TTM)
4.95%
Effective tax rate (TTM)
280.00%
Revenue per employee (TTM)
€240,000
Management effectiveness
Return on assets (TTM)
-0.07%
Return on equity (TTM)
-0.87%
Valuation
Price to revenue (TTM)
1.589
Price to book
0.18
Price to tangible book (TTM)
0.19
Price to free cash flow (TTM)
-0.701
Free cash flow yield (TTM)
-142.59%
Free cash flow per share (TTM)
-4.767
Growth
Revenue change (TTM)
245.12%
Earnings per share change (TTM)
-75.93%
3-year revenue growth (CAGR)
-15.68%
3-year earnings per share growth (CAGR)
-29.01%
10-year earnings per share growth (CAGR)
-12.87%
3-year dividend per share growth (CAGR)
-45.95%
10-year dividend per share growth (CAGR)
-10.00%
Bulls say / Bears say
Deutsche Pfandbriefbank returned to profitability in Q2 2026, reporting a net pre-tax profit of €10 million compared to a €266 million loss in the year-ago quarter. (Stockopedia)
New business volume in Real Estate Finance Solutions rose 18 % to €3.1 billion in H1 2026, outpacing the broader market and underscoring robust demand for the bank’s core financing services. (Stockopedia)
Management reaffirmed full-year 2026 guidance, targeting €7.5–8.5 billion in new business, real estate financing volumes of €27–28 billion, and a pre-tax profit of €30–40 million, signaling confidence in the bank’s ongoing restructuring. (MarketScreener)
Moody’s has initiated coverage on Deutsche Pfandbriefbank with Baa2 long-term deposit and senior unsecured ratings and assigned a negative outlook, reflecting heightened concerns about its monoline business model and wholesale funding dependencies. (pbb AG)
The German commercial property sector showed renewed weakness in Q2 2026 with falling prices, posing direct risks to PBB’s asset quality given its concentrated real estate financing portfolio. (MarketScreener)
Despite exiting much of its US operations, PBB still carries €2.7 billion of US real estate exposures with non-performing loans totalling €500 million, which could pressure capital ratios if US market conditions deteriorate further. (MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2026.
Upcoming events
No upcoming events
Funds containing PBB
AllEURGBP
Fund name | Fund size | €PBB weighting |
|---|---|---|
Vanguard ESG Global All Cap€V3AA | €1.1B | 0.00% |
Vanguard ESG Global All Cap£V3AB | £905M | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.