Alior Bank shares hit all time high on upbeat 2027 targets

Alior Bank SA

25/03/2025 10:34

** Shares of Poland's Alior Bank ALRR.WA rise as much as 6.3% to an all-time high of 115.45 zlotys, after the lender's financial targets in its 2025-2027 strategy exceed brokerage Erste's long-term estimates

** Alior targets a net profit of 2.6 billion zlotys ($674.78 million) and a return-on-equity (ROE) of more than 18% by the end of 2027

** "The bank's strategy is well ahead of our long-term estimates, with a net profit target ... 23% above our forecasts," Erste analyst Lukasz Janczak says in a note

** Janczak adds the beat comes mainly from more optimistic revenue growth assumptions, including a strong double-digit increase expected in fee income

** As of 1032 GMT the shares are up 5.9%, at the top of Poland's blue-chip WIG20 index .WIG20

($1 = 3.8531 zlotys)

 (Reporting by Rafal W. Nowak)

 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))