Earnings Poll: Alior Bank Q2 net profit seen down 30% y/y
EARNINGS POLL-Alior Bank Q2 net profit seen down 30% y/y Aug 3 (Reuters) - Polish lender Alior Bank ALRR.WA is expected to report a second-quarter net profit of 448 million zlotys ($120 million), down 30% from a year earlier, driven by a corporate income tax hike on banks, falling interest rates, and higher loan-loss and legal provisions, a Reuters poll showed on Monday.
The bank's net interest income is forecast to edge down 2.6% year-on-year to 1.26 billion zlotys, as Poland's central bank cut rates several times from May 2025, bringing the benchmark down to 3.75% from 5.75% by March 2026.
Net fee and commission income is expected to rise almost 4% to 231 million zlotys.
(Figures in millions of zlotys unless stated otherwise)
SECOND QUARTER OF 2026
Net Interest Income | Net Fee & Commission Income | Net Profit | |
Median | 1256 | 231 | 448 |
Average | 1210 | 229 | 422 |
Lowest | 1094 | 223 | 338 |
Highest | 1275 | 234 | 488 |
No. of forecasts | 6 | 6 | 6 |
Q2 2025 | 1289 | 222 | 640 |
Q1 2026 | 1248 | 221 | 403 |
Forecasts provided by: Trigon DM, BM Millennium, mBank, PKO BP, DM BOS, Erste Group Research
($1 = 3.7323 zlotys)
(Reporting by Rafal Nowak in Gdansk
Editing by Louise Heavens)
((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))
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