Poland's Bank Pekao posts 5% fall in quarterly profit, but beats expectations
30/07/2026 05:31
Poland's Bank Pekao posts 5% fall in quarterly profit, but beats expectations GDANSK, July 30 (Reuters) - Poland's second-biggest lender Bank Pekao PEO.WA reported a 5.3% drop in its second-quarter profit on Thursday due to higher taxes and costs, but beat market expectations aided by growth in fees and commission income.
Pekao posted a net profit of 1.52 billion zlotys ($402.6 million) for the quarter, beating analysts' median forecast of 1.46 billion zlotys in a company-compiled consensus.
($1 = 3.7751 zlotys)
(Reporting by Anna Jaworska-Guidotti and Alicja Surdy; Editing by Milla Nissi-Prussak)
((anna.jaworska-guidotti@tr.com ; +48 58 769 65 56))
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