Poland's mBank returns to Q4 profit supported by one-off gain

Mbank SA

06/02/2025 05:47

Feb 6 (Reuters) - Commerzbank's  CBKG.DE  Polish unit
mBank  MBK.WA  on Thursday reported a profit for the fourth
quarter, after a loss last year, helped by one-off effect of a
390 million zloty ($96.4 million) deferred tax asset and lower
costs of legal risk related to foreign currency loans.
    Its net profit was 986 million zlotys in the quarter,
compared to a loss of 20.3 million a year earlier. That exceeded
analysts' average forecast for a profit of 920 million zlotys.
($1 = 4.0463 zlotys)

 (Reporting by Anna Jaworska-Guidotti in Gdansk; editing by
Milla Nissi)
 ((anna.jaworska-guidotti@tr.com ; +48 58 769 65 56))