Corrected: EARNINGS POLL-Poland's Alior Bank Q3 net profit seen rising 11% y/y

Alior Bank SA

22/10/2024 12:30

(Corrects to read Q3 (not Q2) in headline and first bullet)

        * 
      Alior Bank Q3 result due Oct. 24
    

        * 
      Lender's net profit seen up at 632 mln zlotys
    

  
       Oct 22 (Reuters) - Polish lender Alior Bank  ALRP.WA  is
expected to post a 10.6% yearly rise in its third-quarter net
profit due to lower provisions and higher net interest income, a
Reuters poll showed on Tuesday.
    The bank is seen posting a quarterly net profit of 632 million
zlotys ($158.3 million), the survey of six banks and brokerages
showed. That would put Alior Bank's 9-month profit at 1.80 billion
zlotys, 25% more than a year earlier.
    The results were boosted by an adjustment to the costs of a
mortgage moratoria scheme, which increased its pre-tax profit by
24 million zlotys.
    
    (Figures in millions of zlotys unless stated otherwise)
        THIRD QUARTER OF 2024
                     Net profit     Net Interest    Net Fee Income
                                       Income       
 Median             627            1,357            215
 Average            632            1,355            213
 Lowest             598            1,334            208
 Highest            664            1,368            215
 No. of forecasts   6              6                6
 Q3 2023            572            1,219            172
 Q2 2024            586            1,244            211
    
    Forecast provided by: BM Bank Millennium, BM PKO BP, Erste
Group, Trigon, BM BOS, and BM mBank.

($1 = 3.9937 zlotys)

 (Reporting by Julia Kotowska and Mateusz Rabiega; Editing by Jan
Harvey)
 ((Julia.Kotowska@thomsonreuters.com; +48 58 769 67 31;))