As PAP Biznes emphasizes, the expectations of eight brokerage houses regarding the bank's net profit in the third quarter ranged from PLN 2,661 million to PLN 2,756 million. Even the most optimistic forecasts were ultimately exceeded and the profit exceeded PLN 2.8 billion. PKO BP announced that the increase in profit results from a larger scale of operations, effective risk management and good cost control.
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The implementation of the strategy brings results
The president of PKO BP, Szymon Midera, emphasized in an interview with PAP Biznes that the bank consistently implements its growth and development strategy, which translates into results. “We are growing faster than the market, in some segments gaining over 30% of new sales. In retail loans, this year we have already exceeded the volume of total sales from 2024.” – he pointed out.
“After three quarters, the return on equity amounted to 19.8%, i.e. 0.6 percentage points more than a year earlier. This shows that the implementation of the strategy is bringing results,” he added.
Interest and commission earnings
PKO BP's interest income for the third quarter of 2025 amounted to PLN 6,062 million, which was in line with analysts' consensus. On an annual basis, it increased by 5.8%, but compared to the previous quarter it decreased by 1.5%.
In turn, net commission income reached PLN 1,347 million, exceeding analysts' forecasts by 3.5%. Compared to the third quarter of 2024, it was higher by 3.7%, and quarterly it increased by 5.6%.
The bank reported that the result on business activities after three quarters of 2025 amounted to nearly PLN 23 billion, which means an increase of 7.3%. year to year in comparable conditions.
Costs, reserves and risk
Total costs in the third quarter amounted to PLN 2,221 million, by 1%. less than analysts' expectations. Compared to last year, they increased by 7.2%, and quarterly they increased by 0.8%. The balance of reserves amounted to PLN 325 million, which was 15.3 percent higher than in the previous year. below consensus. Credit risk costs amounted to 32 basis points, which the bank explains by the high quality of its consumer loan portfolio.
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PKO BP reported that in the third quarter the number of settlements with customers regarding Swiss franc loans increased to 2,623 from 2,356 in the second quarter, and the number of new mediation requests dropped in this period to 728 from 1,083. In the third quarter, the number of ongoing court proceedings decreased by 1,127.
PKO BP increased the value of financing for customers and the economy to PLN 315 billion after three quarters of 2025, which means an increase of 10.7%. year to year. Retail loans increased by 11.7% and corporate loans by 8.9%. The bank's share in the loan market increased in all key segments – to 26.37%. in mortgage loans, 20.62 percent in consumer loans and 14.07 percent in corporate loans.
Savings deposited in the bank increased by 14%. per year, reaching PLN 660 billion. The highest growth dynamics was recorded by individual investment funds, which increased by 41.1%. year to year.
