Adds RICs of Banco Santander, Santander Bank Polska
Jan 9 (Reuters) - ERSTE GROUP BANK AG ERST.VI:
COMPLETES ACQUISITION OF 49% CONTROLLING STAKE IN SANTANDER BANK POLSKA
FOR 2026, RETURN ON TANGIBLE EQUITY (ROTE) IS PROJECTED AT APPROXIMATELY 19%, WHILE EARNINGS PER SHARE (EPS) IN 2026 ARE ANTICIPATED TO INCREASE BY MORE THAN 20%
TRANSACTION IS EXPECTED TO DELIVER A SIGNIFICANT IMPROVEMENT IN ERSTE GROUP'S PROFITABILITY
PETER BOSEK, STEFAN DÖRFLER, ALEXANDRA HABELER-DRABEK AND MAURIZIO POLETTO PROPOSED AS SUPERVISORY BOARD MEMBERS OF SANTANDER BANK POLSKA
"ERSTE BANK POLSKA" WILL BE PROPOSED AS NEW NAME OF BANK
REBRANDING IS PLANNED WITHIN Q2 OF 2026
Source text: ID:nPex672sPa
Further company coverage: ERST.VI
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