Alior Bank net profit below expectations. Here are the results for the first quarter of 2025.

2025-04-25 06:16
publication
2025-04-25 06:16
The net profit of the Alior Bank Group in the first quarter of 2025 dropped to PLN 476.3 million from PLN 578.1 million a year earlier – the bank said in the report. The bank's result turned out to be 5.2 percent. Lower than the market, PAP Biznes consensus assumed that the profit would be PLN 502.2 million.


The expectations of 6 brokerage offices, as to the bank's profit for the first quarter, ranged from PLN 484 million to PLN 519 million.
Net profit dropped 18 percent. RDR and 23 percent KDK. The bank's interest result in the first quarter amounted to PLN 1,284.8 million and was consistent with the expectations of analysts who hoped that it would amount to PLN 1,281.4 million. The interest result increased 1 percent. yard and fell 2 percent KDK.
The result from the commission was PLN 209.3 million and was 4 percent. Below the expectations of the market, which expected PLN 218.4 million. The commission result has fallen 3 percent. RDR and 5 percent KDK.
The copies amounted to PLN 119.9 million, i.e. there were 9.8 percent. lower than a consensus (PLN 133 million). Copies increased 8 percent RDR and 21 percent in quarterly terms.
In the first quarter of 2025, the bank established a reserve for the legal risk of mortgage loans in foreign currencies, which amounted to PLN 15.9 million. A year earlier, this reserve was PLN 1.8 million.
| Below we present the results of the Alior Bank group in the first quarter of 2025 and their reference to PAP consensus and previous results | |||||
|---|---|---|---|---|---|
| in PLN million | 1q2025 | consensus | difference | ||
| PAP | |||||
| Interest result | 1 284.8 | 1 281.4 | 0.3% | ||
| Commission result | 209.3 | 218.4 | -4.1% | ||
| Total costs | 615.8 | 615.8 | 0.0% | ||
| Reserve balance | -119.9 | -133.0 | -9.8% | ||
| Net profit | 476.3 | 502.2 | -5.2% | ||
| 1q2025 | 1q2024 | difference | 4Q2024 | difference | |
| in PLN million | yard | KDK | |||
| Interest result | 1 285 | 1 269 | 1% | 1 312 | -2% |
| Commission result | 209 | 216 | -3% | 221 | -5% |
| Total costs | 616 | 545 | 13% | 586 | 5% |
| Reserve balance | -120 | -111 | 8% | -99 | 21% |
| Net profit | 476 | 578 | -18% | 615 | -23% |
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