Bank Handlowy third-quarter net profit expected to fall 41% y/y
Bank Handlowy third-quarter net profit expected to fall 41% y/y Nov 4 (Reuters) - Polish lender Bank Handlowy BHW.WA is expected to post a 41% year-on-year drop in third-quarter net profit to 278 million zlotys ($70.72 million), a Reuters poll showed on Wednesday.
Citi's Polish arm is dealing with higher costs and a rise in Poland's bank tax.
Analysts expect the bank's net interest income to fall 9% amid a lower interest-rate environment.
(Figures in millions of zlotys unless stated otherwise)
THIRD QUARTER OF 2026 | Net Interest Income | Net Fee Income | Net Profit |
Median | 468 | 112 | 278 |
Average | 467 | 114 | 288 |
Lowest | 465 | 111 | 270 |
Highest | 469 | 119 | 334 |
No. of forecasts | 5 | 5 | 5 |
Q3 2025 | 516.2 | 105.8 | 469.4 |
Q2 2026 | 459.4 | 118.5 | 320.8 |
Forecasts provided by: Millennium, Trigon, DM BOS, mBank, Erste
($1 = 3.9308 zlotys)
(Reporting by Stefan Gardawski; Editing by Jan Harvey)
((Stefan.Gardawski@thomsonreuters.com;))
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