Poland's Pekao tops profit forecasts in fourth quarter

Bank Polska Kasa Opieki SA

19/02/2026 05:04

GDANSK, Poland, Feb 19 (Reuters) - Bank Pekao PEO.WA, Poland's second-biggest lender by assets, reported a more than 13% rise in its fourth-quarter profit on Thursday, driven by lower credit loss allowances and Swiss franc legal provisions, as well as higher fee and commission income.

The bank's net profit rose to 1.82 billion zlotys ($508.6 million), beating the 1.66 billion zlotys analysts polled by Pekao had expected.

($1 = 3.5785 zlotys)

(Reporting by Rafal Nowak;
Editing by Milla Nissi-Prussak)

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