BNP Paribas Bank Polska jumps as lower costs lift earnings

BNP Paribas Bank Polska SA

11/02/2026 10:51

** Shares in BNP Paribas Bank Polska BNP.WA rise 7.4% after it reported better-than-expected fourth-quarter results, driven by a drop in operating expenses and lower risk provisions

** The lender's quarterly net profit rose 74% year-on-year to 887.0 million zlotys ($250.7 million), exceeding analysts' 763-million-zloty average estimate in a company-compiled consensus

** Lower costs and risk provisions drove the pre-tax profit beat, analyst Lukasz Janczak from Erste Group said in a note, adding that a stronger than expected positive tax effect also lifted the net result

** The net profit beat was also aided by lower-than-expected provisions for Swiss Franc mortgages, Trigon analyst Maciej Marcinowski said

** As of 10:43 GMT shares of the company were up 7.4%, on track for their best day since April 2025 if gains hold

($1 = 3.5383 zlotys)

 (Reporting by Rafal Nowak)

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