The net profit of the mBank group in Q2 was PLN 959.4 million, above expectations

The net profit of the mBank group in the second quarter of 2025 increased to PLN 959.4 million from PLN 421.9 million a year earlier – MBank said in the report. Net profit turned out to be 4 percent. Above expectations, the PAP Biznes consensus assumed a profit of PLN 926.2 million.

The expectations of eight brokerage offices regarding net profit for the second quarter ranged from PLN 891 million to PLN 960 million.

Net profit in the second quarter increased 127 percent. RDR and 36 percent compared to the first quarter.

In half of 2025, the net profit of the mBank group amounted to PLN 1,665 million, while a year earlier it was at the level of PLN 684.4 million.

The bank's results in the second quarter charged the costs of legal risk associated with loans indexed to foreign currencies, which amounted to PLN 543.7 million.

The bank's interest result in the second quarter amounted to PLN 2,497.2 million and was similar to the expectations of analysts, who hoped that it would amount to PLN 2,469.8 million. The interest result increased 15 percent. RDR and 2 percent percent KDK.

The result from fees and commissions was PLN 582.1 million and was 6 percent. Above market estimates, which expected PLN 550.4 million. The commission result increased 19 percent. RDR and 16 KDK.

The balance of reserves, without taking into account the reserves for currency mortgage loans, amounted to PLN 129.6 million in the second quarter of 2025. Meanwhile, the market expected by 24 percent. higher write -offs at the level of PLN 169.4 million. Reserves fell 24 percent. year -on -year and 22 percent KDK

Total costs amounted to PLN 900.1 million, i.e. there were 3 percent. higher than expectations (PLN 870.9 million). The costs increased by 15 percent. yard and 12 percent fell KDK.