Poland's Alior Bank third-quarter net profit beats expectations

Alior Bank SA

27/10/2026 06:59

GDANSK, Oct 27 (Reuters) - Poland’s Alior Bank ALRR.WA reported a smaller-than-expected 16% drop in third-quarter net profit on Tuesday, as higher provisions for disputes and an increased CIT tax rate weighed on earnings.
The decline was partly offset by lower year-on-year net expected credit losses.
     
• Alior posted a net profit of 473.2 million zlotys ($120.13 million), beating the 420 million zlotys expected by analysts polled by Reuters.
• The bank's net interest income was 1.31 billion zlotys, above market expectations of 1.28 billion zlotys.
• Net fee and commission income reached 243.9 million zlotys, beating the forecast of 241 million zlotys.
• Net expected credit losses came in at 73.5 million zlotys versus 123.8 million zlotys a year ago.
• Sales of mortgage loans to retail customers rose 43% on the year in the third quarter to 1.83 billion zlotys.
     
     
     
($1 = 3.9390 zlotys)

(Reporting by Rafal Nowak and Adrianna Ebert)
((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))