No insider purchase over the last 90 days. The latest was filed 19 Mar 2026.
Every trade that managers of Deutsche Pfandbriefbank AG disclose to BaFin is tracked on this page. The company sits in the Finance & Banking sector and is based in Munich, Germany. It was founded in 1869. In the past year (18 October 2025 to 18 October 2026), 7 filings came from 5 insiders.
Only purchases show up on the open market, 7 purchases in all worth €127k, filed by 5 insiders. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Biggest ticket of the year: €28k, bought by Schulte, Marcus and made public on 19 March 2026 (0.0050% of market cap). The buyers include 5 senior executives.
The data flag 5 purchases as part of a group of insiders buying within 30 days of each other. Purchases made close together by different insiders form what is called a cluster. The last insider purchase was made public on 19 March 2026, 212 days ago. Filings reach the BaFin feed a median of 2 days after the trade. The regulation allows three business days to notify a trade (MAR article 19).
For context, the typical company on the same exchange (median of 287 companies) published 5 filings over the same period, against 7 filings here. Our records for Deutsche Pfandbriefbank AG go back to 2025, with 11 purchases and no sales on the open market in total.
For comparison within the same sector, see the insider buying recorded at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. Every figure here comes from the filings published by BaFin and describes the past, not future prices; it is not investment advice.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Deutsche Pfandbriefbank AG Hold (neutral), based on 4 analysts. Average price target: €3.78.
FY ended December 2025 · cache
11 of 11 declarations
Deutsche Pfandbriefbank AG (pbb) is a German specialist bank listed on Xetra/Frankfurt (DAX/MDAX/SDAX) and headquartered in Garching bei München, in Germany. The company traces its roots to the long tradition of German mortgage banking and was renamed Deutsche Pfandbriefbank AG in 2009 following the restructuring of the former Hypo Real Estate group. Today, pbb has established itself as a European niche lender focused on commercial real estate finance and on the issuance of Pfandbriefe, the German covered-bond instrument that is central to its funding model and market identity.
Its core business is Real Estate Finance: pbb finances commercial property and real estate loan portfolios, typically acting as a senior lender and providing the secured senior tranche of transactions. The bank’s core asset classes include office, residential, retail, logistics and hotel, while more recent strategic emphasis has been placed on growth-oriented segments such as data centers, student housing and senior living. Beyond plain-vanilla lending, pbb has built expertise in structuring, due diligence, cross-border execution and cooperation with financing partners. A second strategic pillar is being built around commission income, through real estate investment solutions and services for institutional investors.
pbb’s competitive positioning rests on three elements: deep specialization, strong local market presence and diversified funding. The group describes itself as a leading European specialist bank for commercial real estate finance, with a geographic footprint focused on Europe and the United States, while Germany remains its largest market. Recent disclosures point to a strategic tilt toward Europe, with France and Central and Eastern Europe gaining importance, alongside a reduced emphasis on the U.S. portfolio. The bank is also one of the largest Pfandbrief issuers by outstanding volume, which supports its visibility in European debt capital markets.
Recent milestones are important for investors. In October 2024, management unveiled “Strategy 2027”, aimed at diversifying the business model, improving profitability and expanding fee-based activities. 2024/2025 communications also highlighted a strategic partnership with Starwood Capital, the build-out of real estate investment platforms and a stronger use of technology and artificial intelligence in the operating model. In 2025, the group indicated a gradual withdrawal from the U.S. market and continued active management of its non-core portfolio, reflecting the still-challenging backdrop for commercial real estate. For international investors, pbb remains a highly specialized bank with cyclical real estate exposure, but also a lender with a clearly articulated transformation plan and a meaningful franchise in the German and European covered-bond markets.
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All recommendationsHeadquarters: Munich, Germany · Founded: 1869 · 824 employees (2015) · Wikipedia article
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