Bank Handlowy's net profit in Q3 '25 amounted to PLN 469.4 million; expected PLN 455.6 million

The net profit of the Bank Handlowy group in the third quarter of 2025 from continuing and discontinued operations dropped to PLN 469.4 million from PLN 544.4 million a year earlier, the bank announced in the report. The profit turned out to be 3%. above the expectations of analysts who predicted that it would amount to PLN 455.6 million.

The expectations of 8 brokerage houses regarding the bank's net profit in the third quarter of 2025 ranged from PLN 390 million to PLN 522 million.

The bank's results in the third quarter were influenced by the sale of retail operations to VeloBank, which is defined as discontinued operations. At the end of May, the bank signed an agreement to sell the bank's retail business to VeloBank. In the third quarter, net profit from discontinued operations amounted to PLN 58 million.

Bank Handlowy's net profit in the third quarter of 2025 decreased by 13.8%. year to year and increased by 183.5%. on a quarterly basis.

Interest income amounted to PLN 516.2 million and was in line with the consensus of PLN 514 million. Interest income decreased by 7.3%. y/y and dropped 2.6%. kdk.

The commission income amounted to PLN 105.8 million, which means that it was 4.1% higher than in the previous year. below the forecasts of analysts surveyed by PAP Biznes (PLN 110.3 million). Commission income increased by 8.5%. y/y and decreased by 0.7%. on a quarterly basis.

Total costs amounted to PLN 169.7 million, which was in line with the consensus level of PLN 170.3 million. Total costs decreased by 0.8%. y/y and decreased by 0.8%. kdk.

The balance of reserves amounted to PLN 19.6 million and was 103 percent higher. higher than the consensus of PLN 9.6 million. The balance of reserves increased by 1,425 percent. y/y and increased by 3158%. compared to the previous quarter.

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