PKO Bank Polski SA

PKO Bank Polski SA

112.40
PLN
-3.70
(-3.19%)
8.67EPS
11.89P/E
128.93BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.45
8.98
8.61
9.52
10.12
10.81
11.68
11.66
12.12
13.86
19.39
23.11
24.84
25.05
Basic EPS, GAAP
2.58
2.6
2.09
2.3
2.48
2.99
3.22
-2.05
3.9
2.65
4.4
7.44
8.55
8.67
Free Cash Flow per Basic Share
-1.75
0.97
11.65
5.07
13.7
7.91
3.04
25.29
25.41
14
39.54
-5.72
8.4
-0.7
Dividend per Share
1.8
0.75
- -
- -
- -
0.55
1.33
- -
- -
1.83
- -
3.87
5.48
- -
Book Value per Share
20.12
22.1
24.23
26.07
29.01
31.29
33.27
31.94
30.17
28.58
36.19
41.9
46.81
44.73
Tangible Book Value per Share
18.34
19.4
21.61
23.33
26.42
28.73
30.73
29.31
27.4
25.77
33.06
38.58
43.46
41.4
Basic Weighted Avg Shares
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
1,250
Sales/Revenue/Turnover
10,567
11,220
10,757
11,898
12,647
13,518
14,601
14,580
15,148
17,325
24,232
28,882
31,050
31,309
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
579
747
819
801
844
821
1,049
1,172
1,211
1,267
1,371
1,532
1,641
1,669
Net Income, GAAP
3,230
3,254
2,610
2,874
3,104
3,741
4,031
-2,557
4,874
3,312
5,502
9,304
10,682
10,842
Effective Tax Rate (%)
20.18
19.62
18.48
23.98
26.83
26.31
30.71
- -
25.18
30.52
35.7
26.9
22.86
28.8
Profit Margin (%)
30.57
29
24.26
24.16
24.54
27.67
27.61
-17.54
32.18
19.12
22.71
32.21
34.4
34.63
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
17,637
36,780
32,274
39,261
32,000
35,701
37,551
38,171
30,008
21,481
22,552
30,161
38,091
44,013
Total Equity
25,154
27,616
30,265
32,569
36,256
39,101
41,578
39,911
37,693
35,707
45,227
52,370
58,503
55,903
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
7.76
6.09
4.12
4.27
4.42
5.23
5.24
- -
6.69
5.3
8.8
12.38
11.93
11.84
Return on Common Equity (%)
13.03
12.33
9.01
9.14
9.02
9.93
9.99
-6.27
12.56
9.02
13.59
19.06
19.27
20.1

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,250
1,250
1,250
Market Capitalization
106,450
108,575
128,925

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
24,070
24,335
23,371
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.24%
8.67%
11.71%
Free Cash Flow
51.92%
-44.67%
-246.83%
Net Income, GAAP
-28.97%
-34.53%
14.81%
Sales/Revenue/Turnover
11.65%
16.97%
7.51%
Total Cash Common Dividend
- -
- -
41.62%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,896
6,770
7,346
7,870
28,882
2025
7,629
7,846
7,836
7,704
31,050
2026
7,770
7,999
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.64
1.88
1.97
1.96
7.44
2025
1.98
2.13
2.27
2.17
8.55
2026
2.02
2.21
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.28
- -
2.59
- -
3.87
2025
- -
- -
- -
- -
5.48
2026
- -
- -
- -
- -
- -

Company Description

CEO
Szymon Midera
Full Time Employees
26,000
Sector
Finance
Industry
Major banks
Address
ul. Swietokrzyska 36 Warsaw MZ Poland 00-116
IPO Date
Nov 10, 2004
Website
pkobp.pl
Business
Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (PKO Bank Polski S.A.) is Poland's largest universal bank by assets, providing a comprehensive range of retail, corporate, and investment banking services to individual clients, small and medium-sized enterprises, large corporations, and public sector entities; core offerings include current and savings accounts, deposits, loans such as mortgages, overdrafts, working capital facilities, and investment financing, payment and settlement services encompassing domestic and international transfers, SEPA direct debit, and card products like VISA Business debit cards, liquidity management solutions including cash pooling and consolidated accounts, trade finance instruments such as guarantees and letters of credit, as well as digital banking platforms like iPKO online banking, iPKO biznes mobile app, and IKO app for mobile transactions. The bank operates primarily in Poland with over 1,100 branches and an extensive ATM network, supplemented by international presence through corporate branches in Germany, Czech Republic, Slovakia, and Romania, and subsidiaries such as PJSC KredoBank in Ukraine, PKO Leasing SA for leasing services, PKO Towarzystwo Funduszy Inwestycyjnych SA for investment funds, and PKO Życie Towarzystwo Ubezpieczeń SA for insurance. Founded in 1919 as the Postal Savings Bank and headquartered in Warsaw, PKO Bank Polski became a joint-stock company listed on the Warsaw Stock Exchange in 2004, with the Polish State Treasury as its largest shareholder holding approximately 29% of shares. In recent developments, the bank launched its corporate branch in Romania in 2025, completing its first transaction by financing Maspex Romania's acquisition of over 71% of Purcari Wineries shares via a loan, underscoring its support for Polish firms' regional expansion; it also entered a strategic partnership with Allegro in 2025 targeting 1 million new clients over three years through e-commerce integration; CEO Szymon Midera, appointed acting CEO in February 2024, announced in October 2025 an M&A strategy focused on Central and Eastern Europe, aiming to complement organic growth with acquisitions in high-growth financial segments and potentially closing initial transactions in 2026. Total assets exceeded PLN 500 billion in 2023 for the first time, with record market capitalization surpassing PLN 100 billion in 2025.

Company News

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  • Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (PSZKY) Q3 2025 Earnings Call Transcript