Deutsche Pfandbriefbank (PBB) Stock Overview
Provides commercial real estate and public investment finance. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
PBB Community Fair Values
Create NarrativeSee what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Deutsche Pfandbriefbank AG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €3.36 |
| 52 Week High | €5.72 |
| 52 Week Low | €2.71 |
| Beta | 0.99 |
| 1 Month Change | 2.82% |
| 3 Month Change | 11.86% |
| 1 Year Change | -39.60% |
| 3 Year Change | -50.22% |
| 5 Year Change | -63.71% |
| Change since IPO | -70.67% |
Recent News & Updates
Narrative Update • Apr 23
PBB: Future Earnings Power Will Be Supported By Refreshed Risk Assumptions
Analysts have reduced their price target on Deutsche Pfandbriefbank from €5.00 to €4.50, reflecting updated assumptions around fair value, risk, growth and profitability. Analyst Commentary Bullish Takeaways Bullish analysts see the revised €4.50 price target as aligned with current assumptions around fair value, which can reduce the risk of overly optimistic expectations being priced into the shares.
Narrative Update • Apr 08
PBB: Lingering Property Weakness And US Exit Costs Will Pressure 2026 Outlook
Analysts have trimmed their fair value estimate for Deutsche Pfandbriefbank, cutting the price target by €0.50 to €4.50 as they factor in updated expectations for profitability and valuation multiples, while maintaining a cautious stance reflected in recent research. Analyst Commentary Bearish analysts are signaling a cautious stance on Deutsche Pfandbriefbank by revising price targets to €4.50, which reflects a more conservative view on the bank's ability to justify higher valuation multiples.Recent updates
Narrative Update • Apr 23
PBB: Future Earnings Power Will Be Supported By Refreshed Risk Assumptions
Analysts have reduced their price target on Deutsche Pfandbriefbank from €5.00 to €4.50, reflecting updated assumptions around fair value, risk, growth and profitability. Analyst Commentary Bullish Takeaways Bullish analysts see the revised €4.50 price target as aligned with current assumptions around fair value, which can reduce the risk of overly optimistic expectations being priced into the shares.Narrative Update • Apr 08
PBB: Lingering Property Weakness And US Exit Costs Will Pressure 2026 Outlook
Analysts have trimmed their fair value estimate for Deutsche Pfandbriefbank, cutting the price target by €0.50 to €4.50 as they factor in updated expectations for profitability and valuation multiples, while maintaining a cautious stance reflected in recent research. Analyst Commentary Bearish analysts are signaling a cautious stance on Deutsche Pfandbriefbank by revising price targets to €4.50, which reflects a more conservative view on the bank's ability to justify higher valuation multiples.
Narrative Update • Mar 25
PBB: Reset Profitability Assumptions Will Support Future Rebound Toward Core Fair Value
Analysts have trimmed their price target on Deutsche Pfandbriefbank to €4.50 from €5.00. They cited updated assumptions around future profitability and valuation, while maintaining a cautious stance on the shares.Narrative Update • Mar 11
PBB: 2026 Income Guidance And Higher Risk Pricing Will Drive Upside Potential
Analysts have trimmed their price target on Deutsche Pfandbriefbank to €4.50 from €5.00, reflecting updated views on fair value at €3.40, a slightly higher discount rate and revised assumptions for revenue growth, profit margins and future P/E. Analyst Commentary Bearish analysts are signaling a more cautious stance after the latest cut in the price target to €4.50, which now sits closer to their fair value estimate of €3.40.Narrative Update • Feb 25
PBB: Lowered Price Outlook And 2026 Guidance Will Shape A Cautious View
Analysts have reduced their price target on Deutsche Pfandbriefbank to €4.50 from €5.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Bearish analysts are signaling a more cautious stance on Deutsche Pfandbriefbank by trimming their fair value assumptions, which is reflected in the reduced price target to €4.50.Narrative Update • Feb 11
PBB: Future Earnings Power Will Be Supported By Lower Expected P E Level
Analysts have trimmed their price target on Deutsche Pfandbriefbank from €5.63 to €5.00, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. Valuation Changes Fair Value: trimmed from €5.63 to €5.00 per share.Narrative Update • Jan 27
PBB: Funding Cost Headwinds Will Eventually Support Rebound Toward Core Fair Value
Analysts have reduced their price target for Deutsche Pfandbriefbank to €4.00 from €5.30, citing lower earnings estimates following recent results and the impact of higher funding costs. Analyst Commentary The latest rating move to Reduce, combined with a trimmed price target to €4.00 from €5.30, reflects analysts' updated view on Deutsche Pfandbriefbank following recent results and funding cost assumptions.Narrative Update • Jan 12
PBB: Higher Funding Costs And Downgrade Will Shape A More Cautious Outlook
Analysts have trimmed their price target for Deutsche Pfandbriefbank from €6.00 to €4.40, citing updated assumptions around funding costs and earnings. These updates have also fed into lower P/E expectations.Narrative Update • Dec 27
PBB Improved Profitability Will Offset Higher Funding Costs And Support Upside Potential
Analysts have trimmed their price target on Deutsche Pfandbriefbank from EUR 5.30 to EUR 4.00, citing higher funding costs that they expect will weigh on the bank’s earnings outlook, despite improved profitability and stronger long term growth assumptions. Analyst Commentary Bullish analysts acknowledge the near term headwinds from higher funding costs but highlight that the bank’s improved profitability and a more constructive long term growth profile help to underpin the revised valuation framework.Narrative Update • Dec 13
PBB: Future Earnings Power Will Overcome Higher Funding Cost Headwinds
Analysts have modestly lowered their price target on Deutsche Pfandbriefbank, trimming fair value from approximately EUR 5.68 to EUR 5.63 as they factor in higher funding costs despite improved long term revenue growth and profitability assumptions. Analyst Commentary Bullish Takeaways Bullish analysts note that the relatively small reduction in fair value, despite higher funding costs, suggests that long term earnings power and balance sheet resilience remain broadly intact.Narrative Update • Nov 28
PBB: Funding Cost Stabilization Will Drive Value Opportunity Amid Downgrade
Analysts have lowered their price target for Deutsche Pfandbriefbank from €5.98 to €5.68, citing increased funding costs and a more cautious earnings outlook as key factors in the revision. Analyst Commentary Recent revisions and commentary from analysts have highlighted a mixed outlook for Deutsche Pfandbriefbank, with key takeaways on both the potential upside and emerging risks for the bank’s shares and performance.Narrative Update • Nov 13
PBB: Asset Diversification And Cost Controls Will Support Resilience Amid Higher Funding Costs
Analysts have lowered their price target for Deutsche Pfandbriefbank from €6.25 to €5.98. They cite reduced profit margins and higher funding costs as key factors behind the revision.Narrative Update • Oct 30
PBB: Improved Profit Margins And Risk Balance Will Support Earnings Resilience
Analysts have lowered their price target for Deutsche Pfandbriefbank from €6.65 to €6.25, citing a reassessment of risk and improved profit margins. This comes despite a more conservative fair value outlook.
New Narrative • Feb 10
Partnership With Starwood Capital Will Expand Real Estate Financing Opportunities
Strategic focus on high-growth asset classes and division expansion aims to drive revenue, improve margins, and enhance earnings through 2027.Analysis Article • May 04
Deutsche Pfandbriefbank's (ETR:PBB) Shareholders Will Receive A Bigger Dividend Than Last Year
Deutsche Pfandbriefbank AG ( ETR:PBB ) has announced that it will be increasing its dividend on the 24th of May to...Analysis Article • Apr 20
Deutsche Pfandbriefbank (ETR:PBB) Is Increasing Its Dividend To €1.18
The board of Deutsche Pfandbriefbank AG ( ETR:PBB ) has announced that it will be increasing its dividend on the 24th...Shareholder Returns
| PBB | DE Diversified Financial | DE Market | |
|---|---|---|---|
| 7D | -7.7% | -1.5% | -1.2% |
| 1Y | -39.6% | -21.4% | 0.01% |
Return vs Industry: PBB underperformed the German Diversified Financial industry which returned -21.4% over the past year.
Return vs Market: PBB underperformed the German Market which returned 0% over the past year.
Price Volatility
| PBB volatility | |
|---|---|
| PBB Average Weekly Movement | 7.9% |
| Diversified Financial Industry Average Movement | 5.2% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in DE Market | 12.9% |
| 10% least volatile stocks in DE Market | 2.7% |
Stable Share Price: PBB has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: PBB's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 794 | Kay Wolf | 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.
Deutsche Pfandbriefbank AG Fundamentals Summary
| PBB fundamental statistics | |
|---|---|
| Market cap | €442.96m |
| Earnings (TTM) | -€328.00m |
| Revenue (TTM) | n/a |
-90.3x
P/S Ratio-1.4x
P/E RatioIs PBB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PBB income statement (TTM) | |
|---|---|
| Revenue | -€5.00m |
| Cost of Revenue | €0 |
| Gross Profit | -€5.00m |
| Other Expenses | €323.00m |
| Earnings | -€328.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 13, 2026
| Earnings per share (EPS) | -2.44 |
| Gross Margin | 100.00% |
| Net Profit Margin | 6,560.00% |
| Debt/Equity Ratio | 636.9% |
How did PBB perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield-7%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/08 18:00 |
| End of Day Share Price | 2026/06/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Deutsche Pfandbriefbank AG is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Barrass | Berenberg |
| Borja Ramirez Segura | Citigroup Inc |
| Marlene Eibensteiner | Deutsche Bank |