Earnings Poll: Santander Bank Polska first-quarter net profit seen up 3% y/y

Erste Bank Polska SA

29/04/2025 08:40

Santander Bank Polska Q1 results due April 30

Net profit seen up at 1.62 bln zlotys

GDANSK, April 29 (Reuters) - Santander Bank Polska SPL1.WA is expected to report a 3% year-on-year rise in first-quarter net profit, driven by an increase in net interest income and lower costs related to Swiss franc loans, a Reuters poll showed on Tuesday.

The Polish arm of Spain's Santander SAN.MC is seen posting a net profit of 1.62 billion zlotys ($430.45 million), a survey of four banks and brokerages showed.

(Figures in millions of zlotys unless stated otherwise)

                      FIRST QUARTER OF 2025

==============================================================

               Net Income        Net Interest       Net Fee

                                    Income          Income

==============================================================

  Median         1615               3613              737

  Average        1617               3616              736

  Lowest         1581               3588              730

  Highest        1659               3652              742

 No. of f'casts   4                   4                4

  Q1 2024        1565               3387              729

  Q4 2024        913                3625              726

Forecasts provided by: DM BOS, DM PKO BP, Erste Group, BM Bank Millennium.

($1 = 3.7635 zlotys)

 (Reporting by Anna Banacka; Editing by Kirsten Donovan)

 ((anna.banacka@thomsonreuters.com; +48 58 769 65 65))