Poland's mBank Q2 profit jumps 127%, beating expetations

Mbank SA

31/07/2025 05:50

GDANSK, July 31 (Reuters) - Commerzbank's CBKG.DE Polish unit mBank MBK.WA posted on Thursday a 127% rise in second-quarter profit driven by a drop in provisions for the bank's Swiss franc mortgage portfolio and high net interest income.

Its net profit more than doubled to 959.4 million zlotys ($256.6 million) in the quarter against 422 million zlotys reported for the same period a year earlier. That exceeded analysts' average forecast for a profit of 933 million zlotys.

($1 = 3.7387 zlotys)

 (Reporting by Anna Jaworska-Guidotti; Editing by Jacqueline Wong)

 ((anna.jaworska-guidotti@tr.com ; +48 58 769 65 56))